City Of Boston Credit Union is headquartered in South Boston and is the 27th largest credit union in the state of Massachusetts. It is also the 685th largest credit union in the nation. It was established in 1915 and as of June of 2024, it had grown to 78 employees and 33,230 members at 7 locations. City Of Boston Credit Union's money market rates are 2X the national average, and it has a B health rating.
Membership in City Of Boston Credit Union is open to those who live, work, or attend school in the Massachusetts counties of Middlesex, Norfolk, or Suffolk. Faculty, staff, registered students, and alumni of Northeastern University also qualify for membership. Employees of the City of Boston or the Commonwealth of Massachusetts are also eligible to join.
See current membership details
Overall | |
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NCUA # | 67841 |
Year Chartered | 1915 |
Employees | 78 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -1.3% |
Return on Equity - YTD | -22.82% |
Annual Interest Income | $12.5MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $567.7MM$658.3MM |
Loans | Q2 2024vs Q2 2023 | $443.8MM$470.8MM |
Deposits | Q2 2024vs Q2 2023 | $489.5MM$550.4MM |
Equity Capital | Q2 2024vs Q2 2023 | $32.7MM$33.6MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $5.1MM$4.3MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $3MM$4.2MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.15% → $1k - $20k | 0.30% → $20k - $50k | 0.50% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $25 | - | NOW Accounts |
City Of Boston Credit Union Locations | ||
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Corporate Office | 455 W Broadway | South Boston, MA 02127-2218 |
Branch Office | 77 Spring St | West Roxbury, MA 02132-4302 |
Branch Office | City Hall | Boston, MA 02201 |
Branch Office | 1010 William T Morrissey Blvd | Dorchester, MA 02122-3153 |
Branch Office | 305 Turnpike St | Canton, MA 02021-2715 |
Branch Office | 130 W Broadway | South Boston, MA 02127-1018 |
Branch Office | 2 Westland Ave | Boston, MA 02115-3902 |