Welcome
To The Andovers Federal Credit Union, a Credit Union that continues to embody its philosophies, goals, ambitions and more, so as an entity there is no risk of wandering through the world without having the ability to verify that we, as a Credit Union, are on our intended course. Our Credit Union represents a true partnership with the police, fire, municipalities and educators of Andover and North Andover, Massachusetts.
We have complete admiration for the solid relationships we have established over the years, and with the support of our loyal members, we will continue to deliver superior products, enhanced member services, and an exceptional branch experience. Our Members are always first in mind, therefore we offer the stability, security and service our members need and deserve to secure a successful financial future.
Our Mission Statement
The Andovers Federal Credit Union is a non-profit financial institution owned and operated by its members. It is the purpose of the Credit Union to provide financial services and education to its members and develop relationships that make a difference in our members’ lives, while maintaining a stable and secure future for its membership.
Our Vision Statement
The Andovers Federal Credit Union was formed in 1964 by seven school employees who wanted to offer a Credit Union to the Andover school and Municipal employees. Our field of membership has grown after so many prosperous years, but the vision of the Board of Directors and Management remains focused to provide quality member service, while adhering to the Credit Union philosophy of “not for profit, not for charity, but for service.”
Frequently Asked Questions
1.) What is a Credit Union?
A Credit Union is a cooperative financial institution that is owned and controlled by its members, and operated for the purpose of promoting thrift, providing credit at reasonable rates, and providing other financial services to its members.
2.) Who owns a Credit Union?
A Credit Union is a financial institution owned by the “members.” To be a member at The Andovers Federal Credit Union you are required to belong to one of our Select Employment Groups (SEG) and maintain a $25.00 balance in your main share account.
3.) Are Credit Union deposits insured?
A Credit Union is a financial institution owned by the “members.” To be a member at The Andovers Federal Credit Union you are required to belong to one of our Select Employment Groups (SEG) and maintain a $25.00 balance in your main share account.
4.) Who can join The Andovers Federal Credit Union?
- Town of Andover Educators, Fire, Police and Municipal Employees
- Town of North Andover Educators, Fire, Police and Municipal Employees
- Greater Lawrence Technical High School (Educators, Office and Custodial Staff)
- Phillips Academy (Educators, Office and Custodial Staff)
- United States Postal Service of Andover
- Andover Housing Authority
- North Andover Housing Authority
- SHED, Inc of Andover
- J.W. Watson of Andover
- Elm Street Auto of Andover
- Doherty Insurance of Andover
- OpTech of Andover
5.) What is The Andovers Federal Credit Union’s routing number?
The Andovers Federal Credit Union’s routing number is 211380289.
