Central One Federal Credit Union

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A short history of Central One FCU

Since its inception in 1952 the Central One Federal Credit Union has been serving its members in the Shrewsbury, Massachusetts area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by David L'Ecuyer, the Central One FCU has grown its membership to over 32,694 with assets of more than $463,364,475. They have a main office and 10 branch offices. Please see the credit unions website or contact them by phone at (508) 842-7400 or email them at member_support@centralfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Shrewsbury, MA.

General Information For Central One FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 8218
Address 714 Main St 
City Shrewsbury 
State Massachusetts 
Zip-Code 01545
Phone Number (508) 842-7400
Fax Number (508) 841-0591
Email Address: member_support@centralfcu.com
CEO/President David L'Ecuyer
Members 32,694 
Full-Time Employees 92 
Part-Time Employees 11 
Number of Branch Offices 10 
Total Assets 463,364,475 
Website http://www.centralfcu.com 

Compare Central One Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Shrewsbury CU SHREWSBURY FEDERAL CREDIT UNION 489 BOSTON TPKE 01545 (508) 845-6755 No 0.87
St. Vincent Hospital CU Main 123 Summer St 01608 (508) 363-9339 No 4.43
Worcester CU Corporate 520 W Boylston St 01606 (508) 853-9966 No 4.61
Worcester Fire Dept. CU WORCESTER FIRE DEPARTMENT CREDIT UNION 34 GLENNIE ST 01605 (508) 752-1122 No 4.64
Worcester Police Department CU WPDCU 805 W Boylston St 01606 (508) 799-7677 No 4.82

Central One Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Central One Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.23 2.15 2.71 4.06 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 270 46 67 147 56
Rank Among All Massachusetts Credit Unions 17 10 11 38 8

Central One Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.15 1.15 1.15
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 124 143 140
Rank Among All Massachusetts Credit Unions 10 19 27 22 19
Central One Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.2306,41117,351,263
All Other Unsecured Loans/Lines of Credit 11.9302,1862,610,073
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.3201754,349,403
New Vehicle Loans 2.1501,26821,132,354
Used Vehicle Loans 2.7103,74844,093,136
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.060959195,185,436
Total Other Real Estate Loans/Lines of Credit 3.5002,246114,024,378
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.5102565,527,284
TOTAL LOANS & LEASES 17,249404,273,327

Central One Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 234,869,418153,345,600
    b. 15 Years or less 29346,850,240207,915,854
Balloon/Hybrid
    a. > 15 years 425104,682,6015114,228,709
    b. 15 Years or less 5512,271,16300
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 182,220,263190,000
Adjustable Rate > 1 yr 14524,291,75131,303,750

OTHER REAL ESTATE

Closed-End Fixed Rate 25315,235,915526,881,917
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,99398,788,46317519,409,577
Open-End Fixed Rate 0000
TOTALS 3,205309,209,81431753,175,407

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 1,81492,586,54219,409,577
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Central One Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes