Advertising Disclosure
  1. Banks
  2. Mass Bay Credit Union

Mass Bay Credit Union


Overview / Commentary
www.massbaycu.org
617-269-2700
147 W 4th St
South Boston, MA 02127

Mass Bay Credit Union is headquartered in South Boston and is the 33rd largest credit union in the state of Massachusetts. It is also the 914th largest credit union in the nation. It was established in 1936 and as of June of 2024, it had grown to 49 employees and 18,730 members at 4 locations. Mass Bay Credit Union's CD rates are 5X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Mass Bay Credit Union is open to those who live, work, or attend a school, college, or university, or belongs to a labor organization located within the Massachusetts counties of Middlesex, Norfolk, or Suffolk, or the Massachusetts communities of Abington, Brockton, Hanover, Hingham, Lynn, Marshfield, Norwell, Peabody, Rockland, Saugus, Scituate, or Whitman. Current or former employees of MBTA, MassDOT, or the Massachusetts State Police also qualify for membership. Immediate family members of membership-eligible individuals are eligible to join.
See current membership details

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Data as of Q2 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #68137
Year Chartered1936
Employees49
Primary Regulator
Profit Margin
Return on Assets - YTD0.35%
Return on Equity - YTD3.81%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$355.7MM$327.6MM
LoansQ2 2024vs Q2 2023$295.1MM$275.7MM
DepositsQ2 2024vs Q2 2023$249.6MM$250.4MM
Equity CapitalQ2 2024vs Q2 2023$33.2MM$31.3MM
Loan Loss AllowanceQ2 2024vs Q2 2023$449K$328K
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$2.4MM$691K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Mass Bay 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.

Mass Bay Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$10k*-Main Share Account
OTHER TIERS: 0.03% → $5 - $500 | 0.05% → $500 - $10k
0.10%*$10k*-IRA Share Account
OTHER TIERS: 0.03% → $5 - $500 | 0.05% → $500 - $10k
0.10%*$10k*-Misc Share Account
OTHER TIERS: 0.03% → $5 - $500 | 0.05% → $500 - $10k
0.10%*$10k*-Business Share
OTHER TIERS: 0.03% → $25 - $500 | 0.05% → $500 - $10k
0.05%$0-Vacation Club Account
0.05%$0-Christmas Club Account

Mass Bay Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$100k*-Money Market Account
OTHER TIERS: 0.05% → $10 - $2.5k | 0.15% → $2.5k - $10k | 0.35% → $10k - $20k | 0.50% → $20k - $50k | 0.60% → $50k - $100k

Mass Bay Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%$5-NOW Checking

Mass Bay Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$500$250k6 Month CD
4.75%$500$250k12 Month CD Special
4.25%$500-14 Month CD
4.25%$500-10 Month CD
3.75%$500-16 Month CD
3.75%$500-17 Month CD
3.35%$500-60 Month CD
3.00%$500-18 Month CD
3.00%$500-24 Month CD
2.65%$500-36 Month CD
2.65%$500-48 Month CD
2.65%$500-28 Month CD
0.50%$500-3 Month CD

Mass Bay Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$500$250k6 Month IRA
4.75%$500$250k12 Month IRA Special
4.25%$500-14 Month IRA
4.25%$500-10 Month IRA
3.75%$500-16 Month IRA
3.75%$500-17 Month IRA
3.35%$500-60 Month IRA
3.00%$500-18 Month IRA
3.00%$500-24 Month IRA
2.65%$500-36 Month IRA
2.65%$500-48 Month IRA
2.65%$500-28 Month IRA
0.50%$500-3 Month IRA
Locations


Mass Bay Credit Union Locations
Branch Office1250 Hancock StQuincy, MA 02169
Branch Office183 Main StEverett, MA 02149
Branch Office147 W 4th StSouth Boston, MA 02127
Branch Office409 D StreetSouth Boston, MA 02127

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.