Mass Bay Credit Union

Overview / Commentary
147 W 4th St
South Boston, MA 02127

Mass Bay Credit Union is headquartered in South Boston and is the 34th largest credit union in the state of Massachusetts. It is also the 945th largest credit union in the nation. It was established in 1936 and as of September of 2023, it had grown to 49 employees and 18,953 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


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


Health Grade Components

NCUA #68137
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD8.9%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$333.5MM$314.5MM
LoansQ3 2023vs Q3 2022$283.2MM$254.4MM
DepositsQ3 2023vs Q3 2022$251.4MM$256.1MM
Equity CapitalQ3 2023vs Q3 2022$30.8MM$26.2MM
Loan Loss AllowanceQ3 2023vs Q3 2022$417K$474K
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$2.2MM$1.3MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
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

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%--Vacation Club Account
0.05%--Christmas Club Account

Mass Bay Credit Union Money Market Rates

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

0.03%$5-NOW Checking

Mass Bay Credit Union CD Rates

5.25%$500$250k14 Month CD Special
4.60%$500-12 Month CD
4.60%$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
2.00%$500$250k6 Month CD
0.50%$500-3 Month CD

Mass Bay Credit Union IRA Rates

5.25%$500$250k14 Month IRA Special
4.60%$500-12 Month IRA
4.60%$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
2.00%$500$250k6 Month IRA
0.50%$500-3 Month IRA

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.