Cabot Boston Credit Union
Locations in Boston:
1
Summary
Cabot Boston Credit Union probably is a saving grace to the members it currently serves. For the modern depositor, it doesn't seem to have to tools for fast online banking.
What We Love...
Interest earning checking account.
Publicly traded company with an interest earning stock; Ticker symbol CBT.
What We Don't...
Super slow website.
Interest earning checking account compounds monthly (not daily).
CD earns simple (not compounded) interest
Savings accounts earn more because they compound monthly, while CDs only offer simply interest, or compound quartely on a 30 month term.
Per the Mass State Abandoned Property Laws Cabot Credit Union charges a $25 inactivity fee for accounts not active for more than 3 years.
Rates
Below are the rates we think you should know:
CD | Savings | Checking |
|---|---|---|
0.20% | 0.20% | 0.05% |
Cash Bonus?
Abandonment Fee?
Last Updated: November 15, 2024
$25 dormant fee
Research Fee?
History
Founded in 1941, Cabot Boston Credit Union serves Cabot employees in the United States. It's a fairly small institution with around 700 members.The main office is on the Seaport.