Central One Federal Credit Union

Overview / Commentary
714 Main St
Shrewsbury, MA 01545

Central One Federal Credit Union is headquartered in Shrewsbury and is the 23rd largest credit union in the state of Massachusetts. It is also the 550th largest credit union in the nation. It was established in 1952 and as of June of 2020, it had grown to 110 employees and 35,256 members at 8 locations. Central One Federal Credit Union's money market rates are 36% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Central One Federal Credit Union is open to those who live, work, attend school or worship in Auburn, Berlin, Bolton, Boylston, Clinton, Grafton, Harvard, Holden, Hopkinton, Lancaster, Leicester, Marlboro, Milford, Millbury, Northborough, Paxton, Princeton, Rutland, Shrewsbury, Southborough, Sterling, Upton, Westborough, W.Boylston or Worcester, Massachusetts.
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Health Grade Components

NCUA #8218
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD8.35%
Annual Interest Income$10.6MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$606.6MM$526.5MM
LoansQ2 2020vs Q2 2019$514.1MM$459.0MM
DepositsQ2 2020vs Q2 2019$526.4MM$443.6MM
Equity CapitalQ2 2020vs Q2 2019$52.5MM$47.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.5MM$1.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.2MM$1.8MM
Real Estate OwnedQ2 2020vs Q2 2019$176.00K$0
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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

1.10%$100-Future Focus Home Savings
0.10%--Savings Account (Regular Share)
0.10%--Oakie Super Savers Club Savings Account
0.10%--IRA Savings
0.10%--Coverdell Education Savings Account
0.10%--Holiday Club Savings Account
0.10%--Vacation Club Savings Account

Central One Federal Credit Union Money Market Rates

0.60%*$100k*-Premium Money Market
OTHER TIERS: 0.10% Up to $10k | 0.30% $10k - $50k | 0.45% $50k - $100k
0.15%--Maxi Fund Money Market Account

Central One Federal Credit Union Checking Account Rates

0.05%--Regular Checking
0.05%--Business Solutions Plus Interest Checking Account

Central One Federal Credit Union CD Rates

0.95%$10k-5 Year Premium Certificate
0.85%$10k-3 Year Premium Certificate
0.80%$1k-5 Year Certificate
0.80%$100-2 Year Future Investor Premium Certificate
0.80%$10k-18 Month Premium Certificate
0.80%$10k-2 Year Premium Certificate
0.80%$10k-30 Month Premium Certificate
0.75%$100-1 Year Future Investor Premium Certificate
0.75%$10k-1 Year Premium Certificate
0.70%$1k-3 Year Certificate
0.65%$1k-2 Year Certificate
0.65%$1k-18 Month Certificate
0.65%$1k-30 Month Certificate
0.60%$1k-1 Year Certificate
0.45%$10k-6 Month Premium Certificate
0.30%$1k-6 Month Certificate

Central One Federal Credit Union IRA Rates

0.95%$10k-5 Year Premium IRA
0.85%$10k-3 Year Premium IRA
0.80%$1k-5 Year IRA
0.80%$10k-18 Month Premium IRA
0.80%$10k-2 Year Premium IRA
0.80%$10k-30 Month Premium IRA
0.75%$10k-1 Year Premium IRA
0.70%$1k-3 Year IRA
0.65%$1k-2 Year IRA
0.65%$1k-18 Month IRA
0.65%$1k-30 Month IRA
0.60%$1k-1 Year IRA
0.45%$10k-6 Month Premium IRA
0.30%$1k-6 Month IRA

Central One Federal Credit Union Locations
Branch Office30 Julio DrShrewsbury, MA 01545
Branch Office714 Main StShrewsbury, MA 01545
Branch Office148 Main StNorthborough, MA 01532
Branch Office64 Holden StShrewsbury, MA 01545
Branch Office40 Sylvan RdWaltham, MA 02451
Branch Office63 Southbridge StAuburn, MA 01501
Branch Office40 South StWestborough, MA 01581
Branch Office90 W Main StWestborough, MA 01581-2535

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