The Peabody Municipal Federal Credit Union is a
nonprofit organization independent of the City of
Peabody. It is owned and operated by its members to
encourage savings and to provide funds for member needs
at competitive rates.
Any permanent full or part-time employee of the City of
Peabody is eligible for membership. Once a member, any
of your immediate family members can join: spouse,
children, parents, sisters, brothers, grandparents and
If you leave City employment, you and your family
members can remain as LIFE TIME MEMBERS!
Municipal Federal Credit Union is dedicated to
providing competitive financial products and superior
service to our members through sound business practices.
The Credit Union movement is committed to superior
service to our membership.
To be a member of the credit union, you must complete a
membership application card and deposit $25.00, to
remain on deposit as a minimum, into a regular share
You are then eligible for all the benefits of membership
in the credit union.
As an added incentive you may wish to start a payroll
deduction plan to build this account automatically. If
you are not employed by the City, we can help you
arrange for payroll savings deductions from your place
of employment using Automated Clearing House (A.C.H)
Who is eligible to
become a member?
Regular employees of the City of Peabody and their
immediate family members.
John B. Lawless
Frederic C Gardner, Jr.
Secretary of the Board
Lawrence J. Lane
William M. Mahoney, Jr.
Members of the Board
Pauline R. Hudson
Joan E. Johnson
Kevin R. Donovan
Edward D. Quinn
Timothy E. Spanos
Michael J. Gingras, Chairperson
Colleen A. Kolodziej
Natalie A. Maga
Credit Union Manager
Kevin R. Donovan
Beatriz A. Brasileiro
Jodie M. Anderson
Mary Beth Mallia