Lexington MA Federal Credit Union

F.A.Q.

For your convenience, here are answers to some Frequently Asked Questions (FAQs) about doing business with Lexington MA Federal Credit Union. If your question is not answered here, please contact us at (781) 862-9011 or e-mail info@lexmafcu.com.


Membership is open to employees and retirees of our Employer Groups and their family members.

If you meet our eligibility requirements, you can join! Simply open a Share Savings account with a minimum deposit of $25. Contact us for more information on becoming a member.

Yes, if they are relatives of current members.

Please check our business hours. We are closed on all major holidays, including New Year’s Day, Martin Luther King Day, Presidents Day, Patriots Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, and Christmas.

Our routing number, also known as our ABA number, is 211383781.

A credit union is a cooperative, not-for-profit financial institution, owned by its members and organized to promote thrift and provide credit to members. It is managed by a volunteer board of directors, elected by the membership. The board hires a management team to operate the credit union. The result: members are provided with a safe, convenient place to save and borrow at reasonable rates at an institution that exists to benefit them.

The primary purpose of credit unions is to encourage thrift and make loans to members. As non-profit institutions, credit unions can typically charge lower rates for loans and pay higher dividends on shares. Rather than paying profits to stockholders, credit unions return earnings to members in the form of dividends or improved services.

Our members! Each credit union member owns one “share” of the organization. Members age 18 and older are even entitled to vote on important issues, such as the election of member representatives to serve on the Board of Directors.

Unlike banks, credit unions are member-owned, not-for-profit institutions. Member-ownership gives us the incentive to focus completely on providing value to members. Banks are for-profit institutions, typically owned by stockholders.

Yes. All Savings accounts are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

All members are eligible for direct deposit of funds to their Checking, Savings, or Loan accounts. Members may arrange for direct deposit of any regular check, such as their paychecks, pensions, Veterans Administration (VA) checks, and Social Security payments.

For direct deposit of your paycheck, contact your employer’s payroll department for the appropriate forms and information.

To arrange direct deposit of your Social Security and/or Social Security Supplemental Income payments, call the Social Security Administration at (800) 772-1213 or call us at (781) 862-9011.

To arrange direct deposit of your pension checks, call your employer’s human resources department.


Please call Member Services at (781) 862-9011.

To reset your PIN, please call Member Services at (781) 862-9011.