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A home equity loan is also called an equity loan, home equity installment loan, or second mortgage. This type of loan lets you use the share of your home that you own.

FRMCU Welcomes New VP of Finance and Honors Well-Deserved Promotion
Matthew G. Schondek, President and CEO of Fall River Municipal Credit Union is pleased to announce the hiring of Brien Maginnis, as the Credit Union’s new Vice President of Finance. Maginnis has over 35 years of banking experience and came to FRMCU from MutualOne Bank, where he held the title of Executive Vice President/Chief Financial Officer. In his new position, Maginnis will oversee the Finance department and work with the management team to advance the Credit Union. Maginnis lives in Sagamore Beach, Massachusetts with his wife and younger son. In his free time, he enjoys volunteering for community organizations and traveling.

President Schondek stated that “the Credit Union is very excited to have Maginnis as part of the Credit Union’s Management team”. He also noted that “he is an investment for the future of the Credit Union and its members.”

Allpoint ATM Network Has You Covered For Your Summer Travel. As an FRMCU member you can take advantage of the All point ATM network and enjoy surcharge free transactions. With over 55,000 ATM locations worldwide you can be confident in knowing you will not be charged ATM fees while traveling.

FRMCU Celebrates Its 92 Anniversary! From the depths of despair during the great depression, the enterprising spirit of a handful of Fall River firemen gave birth to what is today the Fall River Municipal Credit Union. The beginning was humble to say the very least. It started with a Fall River firefighter, a state appointed finance board, and the impending threat of wholesale cuts in the pay of city employees

Fall River Municipal Credit Union is proud of the passion and dedication our employees and volunteer board members devote to their jobs. They have been here throughout the challenges of the pandemic to ensure our members’ financial needs were met.

Fall River Municipal Credit Union is proud of the passion and dedication our employees and volunteer board members devote to their jobs. They have been here throughout the challenges of the pandemic to ensure our members’ financial needs were met.

Fall River Municipal Credit Union Scholarships are awarded to qualifying members currently enrolled in or who have been accepted to an undergraduate program of study at an accredited college or university.

On October 17, 2019, Fall River Municipal Credit Union will join with 56,000 credit unions around the world in celebration of International Credit Union (ICU) Day®.

Remote Deposit Capture is here. Don’t have time to make it to the branch or ATM? FRMCU has you covered. Remote Mobile Deposit Capture is a secure and convenient way to deposit your check. It’s simple since Remote Mobile Deposit Capture is part of our recently improved FRMCU Mobile App.