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SBA lender profile

Melrose CU

Melrose CU appears in the public SBA loan data with 5 funded 7(a) loans since FY2010, totaling $772K, an average of $154K per loan, and an estimated 32 jobs supported. Its SBA lending concentrates in New York and the Educational Services sector. With only 5 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
5
Since FY2010
Total volume
$772K
Average loan size
$154K
7(a) charge-off rate
Insufficient data
Only 5 7(a) loans in the data
Jobs supported (reported)
32
Programs
7(a)

Is Melrose CU the right lender for you?

Melrose CU appears in the SBA record with 5 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Where Melrose CU lends

Top states by funded SBA volume.

StateLoansTotal volume
New York 5 $772K

What Melrose CU funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Educational Services 2 $250K
Retail Trade 1 $197K
Professional and Technical Services 1 $175K
Manufacturing 1 $150K

Melrose CU SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20101$197K
20121$150K
20131$175K
20152$250K

Related SBA lenders

Other lenders active in New York or in Educational Services.

Comparing lenders? See how to choose an SBA lender by track record.

Melrose CU: frequently asked questions

Does Melrose CU offer SBA loans?

Yes. Melrose CU appears in the public SBA data with 5 funded SBA 7(a) loans totaling $772K.

How many SBA loans has Melrose CU made?

Melrose CU is associated with 5 SBA 7(a) loans totaling $772K in the public SBA data (as of 2026-03-31).

What is Melrose CU's SBA charge-off rate?

Melrose CU appears with only 5 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does Melrose CU do most of its SBA lending?

Melrose CU's SBA lending in the data is most concentrated in New York, and by industry in Educational Services.

For Melrose CU

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Melrose CU's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Melrose CU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/melrose-cu/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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