City of Boston Credit Union MA | Affordable Auto Loans & Business Banking

Introduction

Welcome to City Of Boston, your trusted partner in financial well-being! Located at 2 Westland Ave, Boston, MA 02115, we have proudly served our community since 1915. With a strong commitment to our members, we have grown to support over 33,100 members and manage total assets of $548,376,523. Our mission is clear: to provide personalized banking solutions that empower you to reach your financial goals. At City Of Boston, we offer a range of services tailored to meet the diverse needs of our community. From checking and savings accounts to auto loans and credit cards with rewards, our goal is to ensure that every member feels valued and supported. With total deposits reaching $23,902,477 and net worth at $48,011,786, you can trust us to safeguard your hard-earned money. Our dedicated team of 79 employees, led by CEO Lisa Perrin and Board President Cecil Jones, is here to assist you every step of the way. We understand that financial decisions can be overwhelming; that's why we focus on building lasting relationships with our members based on trust and reliability. While you can always visit us at our branch for in-person assistance, official correspondence should be sent to the same address: 2 Westland Ave, Boston, MA 02115-3902. Whether you're looking for a new loan or simply want advice on your finances, don't hesitate to reach out! Call us at 617-865-1011 or explore our website at cityofbostoncu.com for more information. Join us today and discover how we can help you thrive financially in the heart of Boston!

Branch History & Mission

Welcome to the City Of Boston, where our rich history and commitment to community shine through in everything we do. Established in 1915, the City Of Boston credit union has been a cornerstone of financial support for our members for over a century. Located at 2 Westland Ave, Boston, MA 02115, we stand ready to serve you with open arms and dedicated service. From our humble beginnings, we've grown into a trusted institution with a total membership of 33,100 individuals. We have witnessed many changes over the years but have always remained true to our mission: to provide exceptional financial services while uplifting our community. With total assets reaching an impressive $548,376,523, we are well-equipped to meet the diverse needs of our members, whether they're looking for checking accounts, auto loans, or mortgage options. Our mission is simple yet profound: we aim to empower our members through accessible financial products while fostering an environment of support and education. We believe that everyone deserves the chance to achieve their financial goals and improve their lives. This commitment extends beyond banking; we engage actively in community outreach and partnerships that contribute positively to Boston and its residents. In recent years, we've embraced digital advancements to make banking easier for you. Our online and mobile banking options provide flexibility so that you can manage your finances anytime, anywhere. We also ensure ADA compliance so that everyone can access our services comfortably. While members can visit us at 2 Westland Ave, official correspondence should be sent to 2 Westland Ave, Boston, MA 02115-3902 if needed. Our operating hours are designed with your convenience in mind: Monday through Friday from 8:00 AM to 2:00 PM and Saturday from 8:00 AM to Noon; appointments are available from 2:00 PM to 3:00 PM on weekdays. We invite you to experience the friendly atmosphere and personalized service that define the City Of Boston credit union. Come by or call us at 617-865-1011 today! Join us as we continue our journey of growth and service in this vibrant city. Together, let's build a brighter financial future!

Branch Location & Accessibility

Welcome to the City of Boston branch, conveniently located at 2 Westland Ave in the vibrant heart of Boston, MA! Our location is easily accessible and just a stone's throw away from popular landmarks, making it simple for you to drop by. Whether you're headed to class at Northeastern University or exploring nearby shops, we're here to meet your banking needs. While members can visit us at our branch address, official correspondence should be sent to 2 Westland Ave, Boston, MA 02115-3902. We pride ourselves on creating a welcoming atmosphere with easy parking options and ADA-compliant facilities, ensuring that everyone can access our services comfortably. Our operating hours are designed with your convenience in mind. We're open Monday through Friday from 8:00 AM to 2:00 PM, and we also welcome you on Saturdays from 8:00 AM until noon. If you need assistance outside these hours, simply make an appointment with us between 2:00 PM and 3:00 PM on weekdays. At City of Boston, we offer a variety of services tailored to fit your financial needs. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. And if you ever need cash on the go, our ATM is readily available for your convenience. Although we don't have drive-thru banking or shared service centers at this location, our friendly staff is always ready to assist you inside the branch. If you have any questions or would like more information about our services, don't hesitate to call us at 617-865-1011. We invite you to stop by and experience how easy banking can be with City of Boston!

Member Eligibility

Becoming a member of City Of Boston means joining a community that values your financial well-being. If you live, work, or study in the Boston area, you're already on your way to enjoying all the benefits our credit union has to offer! We welcome individuals from various backgrounds and professions, making it easy for anyone to become part of our supportive family. At City Of Boston, you'll find competitive rates on loans and savings accounts, personalized service, and access to a range of financial products tailored just for you. Ready to take the next step? Opening an account is simple! You can find all the details about eligibility and how to become a member at https://cityofbostoncu.com/become-a-member/ . If you have any questions or need assistance, don't hesitate to reach out at (617) 865-1011. We're here to help you start your journey with us at 2 Westland Ave Boston Ma 02115!

Business Banking & Commercial Services

Commercial Loans to Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $18 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $6 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $581,721, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Simplify Transactions

In today's fast-paced world, efficient payment processing is vital for business success. Our merchant services offer streamlined payment solutions that enable you to accept payments quickly and securely whether in-person or online. Imagine reducing wait times at your store or ensuring smooth transactions during busy hours; that's what we strive for at City Of Boston. Partner with us today at 2 Westland Ave Boston Ma 02115 or give us a call at (617) 865-1011 to learn how our business banking and commercial services can help your enterprise thrive!

Comprehensive List Of Services

Business Banking Solutions

For our business members, we offer comprehensive business banking services including merchant services and business loans. Whether you're just starting out or looking to expand an existing venture, we're here to support your business goals with flexible financing options.

Convenient Digital Banking

In today's fast-paced world, having access to your finances at your fingertips is essential. At City Of Boston, we pride ourselves on offering robust online and mobile banking features. You can check balances, transfer funds, and even make payments all from the comfort of your home or on-the-go using our mobile app. Plus, with ATM access available for cash withdrawals and balance checks, managing your money has never been easier.

Credit Cards with Benefits

Don't forget about our credit cards! With rewards programs designed to give back for every dollar spent, you can earn points for things you already buy like groceries or gas. It's a great way to enjoy perks while managing your everyday expenses.

Financing Your Dreams

When it comes to bigger investments, like buying a car or purchasing a home, our loan options are here to help. With auto loans and vehicle financing available, you can drive off in your dream car without breaking the bank. If you're considering home ownership or refinancing an existing mortgage, our mortgage loans offer competitive rates and flexible terms tailored just for you. For those unexpected expenses or projects around the house, our personal loans can provide the financial support you need. Plus, if you're looking to consolidate debt, we have solutions that can simplify your payments and potentially save you money in interest.

Personal Banking Made Simple

Whether you're looking to open a checking or savings account, City Of Boston has you covered. Our personal banking options are designed with you in mind. Imagine having a checking account that helps you manage your daily expenses easily or a savings account that encourages you to save for future goals. We understand that everyone's financial journey is different, and we strive to provide accounts that meet those varied needs.

We're Here for You

If you have questions or need assistance with any of our services, don't hesitate to reach out! You can call us at (617) 865-1011 during our operating hours: Monday through Friday from 8:00 AM to 2:00 PM and Saturday from 8:00 AM until noon. We invite you to come visit us at 2 Westland Ave Boston Ma 02115 in Boston, MA and discover how City Of Boston can help make your financial dreams a reality. Join us today by visiting our website for more information on membership eligibility! Your journey toward financial wellness starts here at City Of Boston!

Digital & Online Banking

Key Features

One of the standout features is our mobile application, which lets you manage your accounts right from your smartphone. Whether you're on the go or relaxing at home, you'll have all the tools you need to stay in control of your finances. You can even make mobile payments easily, allowing for quick transactions without the hassle of cash or cards. We also provide e-statements to help you keep track of your finances without the clutter of paper statements. You'll receive them securely via email, making it easier than ever to stay organized. For those moments when you need to send money to friends or family quickly, our person-to-person transfer feature allows you to do just that with a few taps on your device.

Security Matters

Your security is our priority. While we don't currently offer electronic signature authorization, we ensure that all our online services are protected by robust security measures to keep your information safe. At City Of Boston, we believe that banking should be simple and stress-free. With our digital and online banking services, managing your money has never been easier!

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts: 59,087, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $1,732,924. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, City Of Boston is your trusted partner. Visit us at 2 Westland Ave Boston Ma 02115 or call (617) 865-1011 to learn more about how we can help you achieve your financial goals.

Member Savings Security

Members' savings are secured through $121,493,795 in share certificates and $60,083,546 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $21,029,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $-3,654,278, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 76 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting for the Future

With $41,716,110 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to support your financial goals is evident with $1,752 in used auto loans and $431,165,095 in total loans and leases.

Solid Financial Health

With a net worth of $48,011,786, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $872 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $29,917,274 in used vehicle loans and $27,395,201 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used option, our team is here to assist you throughout the process.

Credit Lines and Unsecured Loans

For those who need more flexibility, our total credit lines amount to $211,818,291, allowing you access to funds when you need them. Additionally, we also offer flexible terms on unsecured credit card loans, with a total of $4,626,449 in loans helping members manage their finances effectively. If you're considering refinancing or exploring eligibility options for any of these products, feel free to reach out. Our knowledgeable staff can provide insights tailored to your situation. At City Of Boston, we are dedicated to supporting our community by offering financial solutions that work for you. For more information or assistance with any of our loan products, please contact us at (617) 865-1011 or visit us at 2 Westland Ave Boston Ma 02115, located in Boston, MA. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Your financial success is our priority!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $40,039,074, make buying or refinancing simple. We provide guidance every step of the way to ensure that your experience is smooth and straightforward.

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CITY OF BOSTON CREDIT UNION