The field of membership shall be limited the to those having the following bond: Employees of the Malden School Department, Malden MA; Un-remarried spouses of persons who have died while in the field of membership of this credit union; employees of this credit union; persons retired as pensioners or annuitants form the above employment; members of their immediate families; and organizations of such persons."

Employee hired as permanent shall be eligible for immediate members.

Employees of the Mystic Valley Advantage Regional Charter School who work in Malden Massachusetts.

Malden School Committee members.

Malden Teachers’ Federal Credit Union is a member owned non profit cooperative thrift institution formed for the purpose of encouraging savings by offering a good return using connective monies to make loans at competitively low interest rates to members and providing other members services on a cooperative basis. The Credit Union movement is committed to superior service to our membership.