600 Atlantic Federal Credit Union
Locations in Boston:
1
Summary
600 Atlantic Federal Credit Union is one of the smallest credit unions in the city. It has less than 2,000 members, only 4 employees, but manages around $41 million in assets (half of which is in loans and leases).
What We Love...
All deposits are fully insured. Meaning the NCUA (National Credit Union Association) covers up to $250,000, and the MSIC (Massachusetts Share Insurance Corporation) covers the rest.
Rates do not fluctuate as often as other institutions.
What We Don't...
Most Boston credit unions require $5 member share. 600 Atlantic requires $25.
Large minimum deposits for CDs.
Super slow website.
$1 fee for low balance (under $25).
Only open during the week for limited hours (closes at 3pm).
Rates
Below are the rates we think you should know:
CD | Savings | Checking |
|---|---|---|
3.95% | 0.25% | - |
Cash Bonus?
Unknown
Abandonment Fee?
Last Updated: November 15, 2024
$5 for dormant accounts (no activity in 1095 days)
Research Fee?
$10/hour
History
In 1946, the Federal Reserve Boston Employees Federal Credit Union was established to serve Federal Reserve Bank employees. Membership expanded to include family members and tenant firms in 2008, leading to their current name - 600 Atlantic Federal Credit Union.