Mass Bay Credit Union

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A short history of Mass Bay CU

Since its inception in 1936 the Mass Bay Credit Union has been serving its members in the SOUTH 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 John Thomas, the Mass Bay CU has grown its membership to over 18,740 with assets of more than $242,968,933. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (617) 269-2700 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SOUTH BOSTON, MA.

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

Charter Number 68137
Address 147 W 4TH ST 
State Massachusetts 
Zip-Code 02127
Phone Number (617) 269-2700
Fax Number () -
Email Address:
CEO/President John Thomas
Members 18,740 
Full-Time Employees 63 
Part-Time Employees
Number of Branch Offices
Total Assets 242,968,933 

Compare Mass Bay Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Taupa Lithuanian CU Taupa Lithuanian FCU 368 W Broadway 02127 (617) 269-1450 No 0.68
Cabot Boston CU Main Office 2 Seaport Ln Ste 1300 02210 (617) 342-6154 No 0.91
First Priority CU BOSTON BRANCH 25 DORCHESTER AVE 02205 (800) 949-7628 No 1.29
600 Atlantic CU 600 Atlantic Federal C.U. 600 Atlantic Ave 02210 (617) 973-3760 No 1.52
New England Lee CU Main 90 Tyler St 02112 (617) 482-0900 No 1.57

Mass Bay Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Mass Bay 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 N/A 4.49 5.49 4.00 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 340 383 138 100
Rank Among All Massachusetts Credit Unions N/A 71 75 35 19

Mass Bay Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.03 0.25 0.50 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 148 105 263 227
Rank Among All Massachusetts Credit Unions 10 23 23 52 45
Mass Bay Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.9903,46619,237,920
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.4904918,054,700
Used Vehicle Loans 5.49083110,553,315
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.000634116,699,323
Total Other Real Estate Loans/Lines of Credit 4.00058731,186,803
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.250135843,195
TOTAL LOANS & LEASES 6,144186,575,256

Mass Bay Credit Union Real Estate Loans and Lines of Credit


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 30265,715,481237,641,830
    b. 15 Years or less 22227,335,7722345,750
    a. > 15 years 0000
    b. 15 Years or less 10923,577,62972,468,915
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 170,44100
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1556,711,6798692,750
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 43224,475,124854,736,189
Open-End Fixed Rate 0000
TOTALS 1,221147,886,12612515,885,434


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 43224,475,1244,736,189
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Mass Bay 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 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 Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes