City Of Boston Credit Union

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A short history of City Of Boston CU

Since its inception in 1915 the City Of Boston Credit Union has been serving its members in the BOSTON, 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 Daniel Waltz, the City Of Boston CU has grown its membership to over 24,893 with assets of more than $383,434,675. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (617) 635-4545 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BOSTON, MA.

General Information For City Of Boston CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 67841
Address 1 UNION ST 
City BOSTON 
State Massachusetts 
Zip-Code 02108
Phone Number (617) 635-4545
Fax Number () -
Email Address: none
CEO/President Daniel Waltz
Members 24,893 
Full-Time Employees 76 
Part-Time Employees
Number of Branch Offices
Total Assets 383,434,675 
Website http://www.cityofbostoncu.com 

Compare City Of Boston Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Pressers Union Local 12 Ilgwu CU Pressers Credit Union 33 Harrison Ave 02111 (617) 832-6600 No 0.42
Boston Customs CU Office 10 Causeway St Rm 436 02222 (617) 742-1135 No 0.54
600 Atlantic CU 600 Atlantic Federal C.U. 600 Atlantic Ave 02210 (617) 973-3760 No 0.57
New England Lee CU Main 90 Tyler St 02112 (617) 482-0900 No 0.61
First Priority CU BOSTON BRANCH 25 DORCHESTER AVE 02205 (800) 949-7628 No 0.80

City Of Boston Credit Union Financial Performance Charts


Performance Charts

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Financial Data


City Of Boston 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 12.99 3.00 4.25 4.38 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 458 146 231 191 168
Rank Among All Massachusetts Credit Unions 33 44 52 47 35

City Of Boston 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 0.45 0.45
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 124 274 234
Rank Among All Massachusetts Credit Unions 10 19 27 53 46
City Of Boston Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9901,5924,570,844
All Other Unsecured Loans/Lines of Credit 11.9907,98264,533,887
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 7.5008194,264,107
New Vehicle Loans 3.0004228,054,973
Used Vehicle Loans 4.2506228,088,749
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.380759191,079,859
Total Other Real Estate Loans/Lines of Credit 4.50044925,045,136
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.50066552,103
TOTAL LOANS & LEASES 12,711306,189,658

City Of Boston 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 681180,414,1756421,434,870
    b. 15 Years or less 646,443,7442829,000
Balloon/Hybrid
    a. > 15 years 1105,0001105,000
    b. 15 Years or less 134,116,9401552,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 32920,125,094675,338,900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1204,920,04223483,601
Open-End Fixed Rate 0000
TOTALS 1,208216,124,99515828,743,371

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

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