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Tremont Credit Union

Locations in Boston:

2

Summary

Tremont self identifies as "one of the best credit unions in Massachusetts." It has a a whopping 5,500 branches in the state - including one in Roslindale and one in Dorchester.

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What We Love...

  • Get free checking simply by enrolling in e-statements.

  • Free coin machine use for members

  • Offer a Christmas account

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What We Don't...

  • Must have a Regular Savings Account (Membership Share) to open any other account (including CDs and checking accounts).

  • Too mnay requirements for high yield accounts.

  • Tremont has pretty hefty fees such as a $5.00 returned mail fee and a $100 abandonment fee.

Rates

Below are the rates we think you should know:

CD
Savings
Checking
4.49%
0.05% - 1.00%
0.05% - 2.00%

Cash Bonus?

Unknown

Abandonment Fee?

Last Updated: November 15, 2024

$100 abandonment fee

Research Fee?

$50/hour

History

Originally named, "Boston Teacher's Credit Union,"  the Tremont Credit Union was formed in 1952. Since it's founding Tremont has also extended its membership beyond teachers.

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