Membership Policy

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.

Members of Immediate Family consist of:

  • Spouses
  • Children
  • Parents
  • Siblings
  • In-laws
  • Grandparents
  • Grandchildren

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.