Somerville Municipal Federal Credit Union

Somerville Municipal Federal Credit Union (SMFCU) is a federally chartered credit union founded in 1941 to serve the employees of the City of Somerville.

Loans, Mortgages, Home Equity Line of Credits, Certificates of Deposit, Savings Accounts, Checking Accounts, Individual Retirement Accounts

Established on May 28, 1941, Somerville Municipal Federal Credit Union was started by people who were committed to helping t...heir fellow City of Somerville employees save for retirement in an age when pensions were non-existent. In the 1960’s, membership was extended to employees of the Somerville Housing Authority, the Somerville Redevelopment Authority, Somerville Cambridge Elder Services,...

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