Central One Federal Credit Union

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CURRENT TOP RATE

6 Month Certificate

Overview / Commentary

www.centralfcu.com

800-527-1017

714 Main St
Shrewsbury, MA 01545

Central One Federal Credit Union is headquartered in Shrewsbury and is the 16^th largest credit union in the state of Massachusetts. It is also the 532^nd largest credit union in the nation. It was established in 1952 and as of March of 2024, it had grown to 123 employees and 38,993 members at 6 locations. Central One Federal Credit Union's money market rates are 3X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Central One Federal Credit Union is open to those who live, work, worship, attend school, volunteer, or own a business anywhere in Worcester County, as well as parts of Middlesex and Norfolk Counties. Also included are family or household members of existing members, and businesses or other legal entities located within this area.
See current membership details

Related Posts

View all posts from:

2023
2008
2007
Earlier

9/1 - Central One Fed Credit Union (MA) Adds Competitive 15-Month CD Special
2/21 - Central One Federal Credit Union (MA) Adds Rate-Leading 9-Month CD

4/26 - 4.00% 36-Month / 3.70% 12-Month CD at a Massachusetts CU (Central One)

1/4 - 5.80% 12-Month / 5.80% 24-Month CD at a Massachusetts CU (Central One FCU)

10/1/06 - 6.20% 60-Month / 6.00% 36-Month CD at a Massachusetts CU (Central One FCU)

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Health

B+

Data as of Q1 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #	8218
Year Chartered	1952
Employees	123
Primary Regulator

Profit Margin
Return on Assets - YTD	0.71%
Return on Equity - YTD	8.11%
Annual Interest Income	$9MM

Assets and Liabilities
Assets	Q1 2024vs Q1 2023	$814.6MM$774.4MM
Loans	Q1 2024vs Q1 2023	$621.9MM$582.1MM
Deposits	Q1 2024vs Q1 2023	$682.6MM$672.1MM
Equity Capital	Q1 2024vs Q1 2023	$70.3MM$63.8MM
Loan Loss Allowance	Q1 2024vs Q1 2023	$2.8MM$2.6MM
Unbacked Noncurrent Loans	Q1 2024vs Q1 2023	$3.7MM$1.4MM
Real Estate Owned	Q1 2024vs Q1 2023	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Central One Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Central One Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$0	-	Regular Savings Account
0.05%	$0	-	Oakie Super Savers Club Savings
0.05%	$0	-	IRA Savings
0.05%	$0	-	Coverdell Education Savings Account

Central One Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.00%^*	$200k^*	-	Business Money Market
OTHER TIERS: 1.00% → $0 - $5m \| 1.50% → $50k - $100k \| 2.00% → $100k - $200k
1.50%^*	$100k^*	-	Premium Money Market
OTHER TIERS: 1.05% → $0 - $10k \| 1.10% → $10k - $50k \| 1.20% → $50k - $100k
1.10%	$0	-	Maxi Fund Money Market

Central One Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
4.21%	$0	-	IOLTA Checking
1.00%^*	$100k^*	-	Business Solutions Plus Interest Checking
OTHER TIERS: 0.30% → $25k - $50k \| 0.75% → $50k - $100k
0.05%	$0	-	Regular Checking

Central One Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
5.20%	$1k	-	6 Month Certificate
5.20%	$10k	-	6 Month Premium Certificate
5.00%	$1k	-	9 Month Certificate Special - New Money
5.00%	$10k	-	9 Month Premium Certificate Special - New Money
4.35%	$10k	-	18 Month Premium Certificate
4.10%	$1k	-	18 Month Certificate
3.75%	$100	-	2 Year Future Investor Premium Certificate
3.75%	$10k	-	2 Year Premium Certificate
3.50%	$1k	-	2 Year Certificate
3.50%	$10k	-	30 Month Premium Certificate
3.50%	$10k	-	3 Year Premium Certificate
3.25%	$1k	-	3 Year Certificate
3.25%	$1k	-	30 Month Certificate
3.25%	$10k	-	5 Year Premium Certificate
3.00%	$1k	-	5 Year Certificate
2.75%	$100	-	1 Year Future Investor Premium Certificate
2.75%	$10k	-	1 Year Premium Certificate
2.50%	$1k	-	1 Year Certificate

Central One Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
5.20%	$1k	-	6 Month IRA
5.20%	$10k	-	6 Month Premium IRA
5.00%	$1k	-	9 Month IRA Special - New Money
5.00%	$10k	-	9 Month Premium IRA Special - New Money
4.35%	$10k	-	18 Month Premium IRA
4.10%	$1k	-	18 Month IRA
3.75%	$10k	-	2 Year Premium IRA
3.50%	$1k	-	2 Year IRA
3.50%	$10k	-	30 Month Premium IRA
3.50%	$10k	-	3 Year Premium IRA
3.25%	$1k	-	3 Year IRA
3.25%	$1k	-	30 Month IRA
3.25%	$10k	-	5 Year Premium IRA
3.00%	$1k	-	5 Year IRA
2.75%	$10k	-	1 Year Premium IRA
2.50%	$1k	-	1 Year IRA

Locations

Central One Federal Credit Union Locations
Branch Office	714 Main St	Shrewsbury, MA 01545
Branch Office	148 Main St	Northborough, MA 01532
Branch Office	63 Southbridge St	Auburn, MA 01501
Branch Office	40 South St	Westborough, MA 01581
Branch Office	123 Summer St Ste 510	Worcester, MA 01608-1216
Branch Office	82 Prospect St	Milford, MA 01757

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