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City Of Boston Credit Union

Locations in Boston:

16

Summary

The City of Boston Credit Union has the most locations (16) in Boston compared to other credit unions in the city. Each location is strategically placed near the highway or nestled in a central part of the neighborhood in order to conveniently serve its membership.

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What We Love...

  • Deposits are fully insured by the National Credit Union Administration (NCUA) and the Massachusetts Share Insurance Corporation (MSIC)

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What We Don't...

  • Low rates

  • Some CDs can only be opened in person

  • Can be difficult to get person on phone.

Rates

Below are the rates we think you should know:

CD
Savings
Checking
4.25%
0.10%
0.05%

Rates can change at any time. Please check with each institution for current details. Last Updated: February 26, 2025

Cash Bonus?

Abandonment Fee?

$75 for abandoned account, and $2/month for dormant checking account

Research Fee?

unknown

History

The City of Boston Credit Union was founded by a Boston mayor, James Michael Curley, in 1915. According to their website, it was one of the first in the nation. Curley prided himself on getting things done. Since banks were ignoring the working class, immigrants, and diverse population -  he created a credit union that would serve them.


Source: City Of Boston Credit Union

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