Taunton Municipal Credit Union
Taunton Federal Credit Union (TFed) is a federally chartered, NCUA-insured member-owned cooperative credit union founded in 1947 in Taunton, Massachusetts, serving consumer and small-business members with deposit, lending, and digital banking products across the New England region.
- Company typePrivate
- Founded1947
- HeadquartersTaunton, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Taunton Municipal Credit Union does
Taunton Federal Credit Union, operating under the trade name "TFed," is a federally chartered, member-owned cooperative credit union headquartered in Taunton, Massachusetts, and founded in 1947. It is regulated by the National Credit Union Administration (NCUA), with deposits federally insured. The institution serves consumer and small-business members in the Taunton/Bristol County market within New England, offering a full-service retail and SMB banking portfolio.
Its product suite spans deposit products (checking, savings, IRAs, term share certificates), consumer and business lending (auto loans, home mortgages including a 5/1 ARM at 5.49% nominal / 5.912% APR, personal and business credit cards, GAP coverage, consumer loans, business lending), and education financing offered through a partnership with Sallie Mae. Underlying technology consists of standard online and mobile banking platforms, mobile wallet integration, eStatements/eNotices, a TFed Connect financial wellness platform, debit card management tools, and a Security Center for fraud alerts and scam prevention — augmented by participation in the Co-op Shared Branch network and the MoneyPass ATM network providing 40,000+ surcharge-free ATMs nationwide.
Revenue is generated primarily through interest income on the lending book funded by member deposits, supplemented by transaction-based fees (account service fees, ATM surcharges where applicable, wire transfers, interchange), and credit card interest and transaction revenue. The go-to-market is direct-to-consumer/community with a horizontal segmentation approach across individual members and small businesses; marketing is executed through organic social (Facebook, Instagram, LinkedIn, YouTube), a content/podcast/blog program, workshops and seminars, and community outreach.
Taunton Municipal Credit Union firmographics
Firmographics- Name
- Taunton Municipal Credit Union
- Legal name
- Taunton Federal Credit Union
- Website
- https://tauntonfcu.com
- Company type
- Private
- Founded year
- 1947
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Taunton Federal Credit Union (TFed) is a federally chartered, NCUA-insured member-owned cooperative credit union founded in 1947 in Taunton, Massachusetts, serving consumer and small-business members with deposit, lending, and digital banking products across the New England region.
- Ownership category
- akta.pro rank
Where Taunton Municipal Credit Union is headquartered
LocationHeadquarters
- HQ city
- Taunton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Taunton Municipal Credit Union business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Lending Products: Interest income from consumer loans including auto loans, home mortgages, credit cards, and personal lending. Revenue generated from interest rate spreads on issued loans.
- Deposit Products: Member deposits including checking, savings, and IRA accounts. Revenue generated through lending of deposited funds.
- Fee-based Services: Various banking fees including account service fees, ATM fees (waived for surcharge-free networks), wire transfers, and other financial service charges.
- Credit Card Services: Revenue from credit card transactions and interest on outstanding balances
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Checking Accounts |
| Unit Pricing | Monthly | Auto Loans |
| Unit Pricing | Monthly | Home Lending |
| Unit Pricing | Annual | Term Share Certificates |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
Taunton Municipal Credit Union product offering
Product offeringCore offering
Taunton Federal Credit Union (TFed) is a federally chartered, member-owned credit union providing personal and business banking products, including checking, savings, IRAs, term share certificates, auto loans, home mortgages, credit cards, and digital banking channels. It serves members through physical branches, online and mobile banking, and partner networks such as Co-op Shared Branch and MoneyPass ATMs.
Product overview
Taunton Federal Credit Union (TFed) is a full-service financial institution offering a comprehensive portfolio of banking products and services for both personal and business members. The core offering consists of deposit accounts (checking, savings, IRAs, certificates), lending products (consumer loans, auto loans, home mortgages, credit cards, student loans via Sallie Mae partnership), and digital banking platforms (online banking, mobile banking, mobile wallets). Business banking includes specialized checking, deposit, lending, and credit card services. The credit union differentiates through extensive ATM network access via MoneyPass and Co-op Shared Branch networks, financial wellness tools (TFed Connect), and educational content including podcasts and blogs. Founded in 1947 and recognized as a Top 100 Credit Union.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Personal checking account with free checking options, early pay day feature, and access to 40,000+ surcharge-free ATMs. Designed for individual consumer members.
- Savings Accounts Personal savings accounts for individual members to hold deposits and accumulate savings.
- IRAs Individual Retirement Account (IRA) products for retirement savings for individual members.
- Term Share Certificates Certificate of deposit products with fixed terms and special promotional rates for members.
- Consumer Lending Consumer loan products for individual members including auto loans with rates as low as 4.99% APR.
- Home Lending Home mortgage lending products including 5/1 Adjustable Rate Mortgage at 5.49% Nominal Rate (5.912% APR) for individual members.
- Personal Credit Cards Personal credit card products for individual members for everyday spending and revolving credit.
- Student Loans Student loan products offered through partnership with Sallie Mae for education financing for members.
- Guaranteed Auto Protection (GAP) Guaranteed Auto Protection coverage that protects auto loan holders from total loss situations, available to consumer lending customers.
- Business Checking Business checking account offering easy banking solutions built for small business needs.
- Business Deposit Services Deposit services tailored for business banking customers including business savings and related deposit products.
- Business Lending Services Commercial lending products including loans and credit lines for small business customers.
- Business Credit Cards Credit card products designed for business use by small business customers.
- Online Banking Digital banking platform providing 24/7 online account access, transfers, bill payments, and loan applications for members.
- Mobile Banking Mobile banking application enabling banking on smartphones and tablets with full account functionality for members.
- Debit Cards Debit card products with card management and fraud protection features issued to members.
- Mobile Wallets Digital wallet integration enabling contactless payments through member mobile devices.
- Co-op Shared Branch Network Access to shared branching service for conducting transactions at other credit union branches nationwide.
- MoneyPass ATM Network Surcharge-free ATM access through MoneyPass network with 40,000+ ATMs nationwide for members.
- Remote Banking Services Remote banking solutions for business account management.
- TFed Connect Financial wellness platform connecting members to educational resources and financial planning tools.
Quantifiable outcome
- Over 75 years of continuous operation and community service
Companies that use Taunton Municipal Credit Union
Customer profileSegments2 records
Ideal customer profiles2 records
Taunton Municipal Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Taunton Municipal Credit Union partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Co-op Shared Branch NetworkcorePartnership enables TFed members to conduct transactions at thousands of participating credit union branches nationwide, extending service accessibility beyond local branch network.
- MoneyPass ATM NetworkcorePartnership provides TFed members access to over 40,000 surcharge-free ATMs nationwide, enhancing convenience and reducing banking costs for members.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Taunton Municipal Credit Union competitors and assessment
Company assessmentRegional players
- Bridgewater Credit Union: Massachusetts-based community credit union offering similar deposit, lending, and digital banking services to local members in the same New England geography as TFed.
Others
- Taunton Municipal Employees Federal Credit Union (notable: this is the subject itself under its prior name): Listed for transparency only — TFed was originally known as Taunton Municipal Credit Union; this is the same entity and should not be treated as a separate peer.
Direct peers
- BayCoast Bank: Community-focused financial institution serving southeastern Massachusetts and Rhode Island with consumer and business banking products — a directly comparable community bank/credit union competitor in TFed's home geography.
- St. Anne's Credit Union: Massachusetts-based credit union providing deposit, lending, and digital banking services to members across the South Shore/South Coast region, directly competing with TFed for similar consumer and small business members.
- Bay State Savings Bank: Mutual savings bank headquartered in Massachusetts offering deposit, mortgage, and consumer lending products — a like-kind community depository institution competing for similar customers in New England.
- Mansfield Municipal Federal Credit Union: Small Massachusetts-based federal credit union serving local members with deposit, lending, and digital banking services — a comparable community-scale credit union peer geographically adjacent to TFed.
Broad incumbents
- Allianz Life Insurance Company of North America: Listed as null - removed; national insurance/financial services firms are not materially comparable credit union peers. Replace with: digital-first neobank offering consumer banking.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Taunton Municipal Credit Union social profiles
Digital presenceTaunton Municipal Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
Taunton Municipal Credit Union leadership team
Management profileNumber of profiles
Profiles1 record
Taunton Municipal Credit Union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Taunton Municipal Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Taunton Municipal Credit Union
What does Taunton Municipal Credit Union do?
Taunton Federal Credit Union (TFed) is a federally chartered, member-owned credit union providing personal and business banking products, including checking, savings, IRAs, term share certificates, auto loans, home mortgages, credit cards, and digital banking channels. It serves members through physical branches, online and mobile banking, and partner networks such as Co-op Shared Branch and MoneyPass ATMs.
Is Taunton Municipal Credit Union a public or private company?
Taunton Municipal Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Taunton Municipal Credit Union founded?
Taunton Municipal Credit Union was founded in 1947. It employs 51 to 100 people.
Where is Taunton Municipal Credit Union based?
Taunton Municipal Credit Union is headquartered in Taunton, United States, in the North America region.
How does Taunton Municipal Credit Union make money?
Four revenue lines are on record. Lending Products are the primary driver. The others are deposit Products, fee-based Services and credit Card Services.
Who are Taunton Municipal Credit Union's main competitors?
Bridgewater Credit Union is listed as a regional player. Taunton Municipal Employees Federal Credit Union (notable: this is the subject itself under its prior name) is listed as an others. Direct peers are BayCoast Bank, St. Anne's Credit Union, Bay State Savings Bank and Mansfield Municipal Federal Credit Union. Allianz Life Insurance Company of North America is listed as a broad incumbent.
Does Taunton Municipal Credit Union have an API?
No public API is recorded for Taunton Municipal Credit Union.