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The field of membership shall be limited to those having the following bond:

Employees of the Malden School Department, Malden MA;
Employees of the Mystic Valley Advantage Regional Charter School, Malden, MA;
Employees of Malden Catholic High, Malden MA;
Employees of Sacred Heart Parish, Cheverus School, Malden, MA;
Employees of Partnership for Community Schools, Malden, MA;
Employees of Catholic Charities who work in Malden, MA;
Employees of Pope John XXIII High School who work in Everett, MA;
Malden School Committee Members;
Employees of this credit union;
Employees of the City of Malden, who work in Malden, MA;
Employees of Malden Housing Authority;

Included are spouses of persons who have died while in the field of membership of this credit union;
Persons retired as pensioners or annuitants from the above employments; members of their immediate families; and organizations of such persons.  

Persons not eligible for membership may be a joint owner on an eligible members account.

No member may close their account while a borrower, an endorser or a guarantor on any loan due to the Credit Union.

Members of Immediate Family consist of;



Malden Teachers’ Federal Credit Union is a member owned non profit cooperative thrift institution. It was formed for the purpose of encouraging savings by offering a good return, using connective monies to make loans at competitively low interest rates. Providing other member services on a cooperative basis.

The Credit Union movement is committed to superior service to our membership.  The following is a list of MTFCU board of Directors

Board of Directors

George Holland, President
Kathleen Lane, Vice President
Peter Cargill, Treasurer
Susan Vatalaro, Secretary
Fred Feldman, Director
Timothy Fitzpatrick, Director
Melanie Gaiero, Director
Joseph Sacco, Director
Fred Smith, Director


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