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Fall River Municipal Credit Union
Work Here?
Not-for-profit community credit union
Fall River Municipal Credit Union
Work Here?
Not-for-profit community credit union
Overview
Fall River Municipal Credit Union is a not-for-profit financial cooperative serving people in parts of Massachusetts and Rhode Island. It offers traditional banking products like deposits and loans, with profits returned to members as lower borrowing rates, higher savings rates, and lower fees. The credit union is member-owned and focuses on fair treatment and trusted relationships within the local community. Its goal is to serve and support members and the broader community with affordable financial products and ethical service since 1930.
About Fall River Municipal Credit Union
Industries
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Fall River, Massachusetts
Founded
1930
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Simplify's Take
What believers are saying
- FRMCU added Kathleen Franco to its board in 2025, strengthening governance.
- Giovanni Pabon joined as loan servicing manager, signaling operational investment.
- A 3.75% 9-month share certificate in 2026 supports deposit growth and retention.
What critics are saying
- July 2026 processing-center breach exposed Visa debit card data and forced reissues.
- A card compromise trains members to distrust FRMCU payments, raising churn by 2026.
- As a small 13,712-member credit union, one severe cyber failure threatens brand survival.
What makes Fall River Municipal Credit Union unique
- Founded in 1930, FRMCU serves Fall River, Assonet, and nearby South Coast communities.
- The 2024 Synergent renewal locked in hosted Jack Henry Symitar for ten years.
- FRMCU pairs local branches with digital banking, mobile deposit, and telephone banking.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Tuition Reimbursement
Flexible Work Hours
Company News
Fall River Municipal Credit Union is proud to announce the appointment of Kathleen Franco to its Board of Directors.
Fall River Municipal Credit Union renews with Synergent to host Jack Henry's Symitar core processing solution.
Fall River Municipal Credit Union is Hiring for 2 Jobs on Simplify!
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About Fall River Municipal Credit Union
Industries
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Fall River, Massachusetts
Founded
1930
Fall River Municipal Credit Union is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today