Mass Bay Credit Union South Boston MA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Mass Bay, your trusted partner in financial services right here in South Boston! Established in 1936, our credit union has been dedicated to serving our community for over 85 years. Located at 147 W 4Th St, South Boston, MA 02127, we pride ourselves on offering personalized banking solutions tailored to meet the unique needs of our 18,231 members. At Mass Bay, we understand that every member's financial journey is important. With total assets amounting to an impressive $358,085,663, and a strong net worth of $38,224,922, we are well-equipped to support you with a variety of services. Whether you're looking for checking and savings accounts, auto loans, or mortgage refinancing, our experienced team is here to assist you every step of the way. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be directed to the same address: 147 W 4th St, South Boston, MA 2127. Our commitment goes beyond just numbers; it's about creating lasting relationships within our community. Led by CEO Theresa Dorilas and Board President Jeremiah Ahern, our team of 51 employees is dedicated to providing exceptional service and ensuring that you feel valued as a member. With total deposits reaching $15,785,674 and cash on hand at $2,774,983, we stand ready to help you achieve your financial goals. Join us at Mass Bay today! Explore what makes us different by visiting our website at massbaycu.org or give us a call at 617-269-2700. We look forward to partnering with you on your financial journey!

Branch History & Mission

Welcome to Mass Bay, a cornerstone of community support and financial empowerment in South Boston, MA. Since our opening in 1936, we have proudly served our members with dedication and care. Over the years, Mass Bay has evolved significantly, growing from a small local credit union into a thriving institution with total assets of $358,085,663 and a strong membership base of 18,231 individuals. Located at 147 W 4Th St, South Boston, MA 02127, our branch is easily accessible for all your banking needs. We invite you to visit us during our operating hours from 8:45 AM to 4:15 PM, Monday through Friday. While you're here, take advantage of our ATM services and shared service center offerings that make banking convenient for everyone. At the heart of Mass Bay lies our mission: to provide exceptional financial services while fostering community well-being. We believe in empowering our members through personalized banking solutions, whether it's checking and savings accounts, auto loans, or mortgage options. Our commitment extends beyond just finances; we actively engage with the South Boston community through various outreach programs and partnerships aimed at uplifting those around us. Our digital advancements ensure that you have access to your finances anytime, anywhere. With online banking and mobile payment options available, managing your money has never been easier. At Mass Bay, we prioritize accessibility and compliance with ADA standards so that everyone can benefit from our services. As we continue to grow and adapt to the needs of our members, we invite you to become part of the Mass Bay family. Experience firsthand how we combine traditional values with modern conveniences to create a welcoming environment for all. For any official correspondence, please note that it should be sent to our mailing address at 147 W 4th St, South Boston, MA 2127. Join us today and discover how Mass Bay can help you achieve your financial goals while being an integral part of the vibrant South Boston community! For more information or to open an account, call us at (617) 269-2700 or visit our website at Mass Bay Credit Union.

Branch Location & Accessibility

Convenient Access and Features

At Mass Bay, we prioritize accessibility for everyone. Our branch is equipped with features that comply with ADA standards, making it easy for all members to visit us. Parking is available nearby, ensuring that you can find a spot without hassle. Our operating hours are from 8:45 AM to 4:15 PM Monday through Friday, giving you ample time during the week to take care of your banking needs. Whether you prefer visiting us in person or using our services online or via mobile banking, we've got options that fit your lifestyle.

Services Tailored for You

While you're here, take advantage of our wide range of services. From personal checking and savings accounts to auto loans and mortgage refinancing options, we have something for everyone. We also offer shared service center transactions for partner credit union members. Need cash? Our ATM is available on-site for your convenience. For those who prefer the ease of digital banking, our online platform allows you to manage your accounts from anywhere. If you have any questions or need assistance, don't hesitate to give us a call at 617-269-2700. We invite you to stop by Mass Bay today and discover how we can help meet your financial needs!

Member Eligibility

Becoming a member of Mass Bay is like joining a close-knit community where your financial well-being is our top priority. To qualify, you simply need to live, work, or attend school in certain areas we serve, including South Boston and nearby regions. It's our way of ensuring that our members are part of the community we support. The perks of membership are abundant think lower fees, personalized service, and access to a range of financial products designed just for you. Ready to take the next step? Opening an account is straightforward! You can find more details about eligibility and start your journey with us at http://www.massbaycu.org/about/membership/. If you have any questions or need assistance, don't hesitate to reach out at (617) 269-2700. We're excited to welcome you to Mass Bay, located at 147 W 4Th St South Boston Ma 02127, where your financial goals become our mission!

Business Banking & Commercial Services

Loan Options That Matter

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $1 in commercial loans for our members, helping businesses scale and succeed. This means real capital for real entrepreneurs ready to take the next step. - With an outstanding commercial loan portfolio of $377,517, we continue to drive economic growth by financing new and expanding businesses.

Practical Merchant Services

In addition to loans, our merchant services provide essential tools for smooth transactions. Imagine streamlining your payment processes so you can focus on what you do best running your business. From point-of-sale systems to online payment solutions, we equip you with what you need to serve your customers efficiently. Visit us at 147 W 4Th St South Boston Ma 02127 in South Boston, MA or call us at (617) 269-2700 to learn how we can support your business journey today!

Comprehensive List Of Services

Business Banking Solutions

For entrepreneurs and small businesses, our Business Banking services include Merchant Services & Business Loans tailored to support your growth. We know how crucial it is to have reliable financial backing when running a business, and we're here to assist.

Credit Card Options

We also understand the importance of rewards in everyday spending. That's why we offer Credit Cards with Rewards that allow you to earn while you spend, making your purchases even more rewarding.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we provide robust Online & Mobile Banking features. With just a few taps on your smartphone, you can manage your accounts, make payments, and even conduct person-to-person transactions effortlessly. Plus, with our ATM availability and cash withdrawal services, accessing your money has never been easier.

Personal Banking Services

Whether you're just starting out or looking to manage your finances better, our personal banking options are designed for you. We offer Checking & Savings Accounts that fit various lifestyles, making it easy for you to save for emergencies or enjoy everyday spending with ease. If you're considering a new car, our Auto Loans & Vehicle Financing can help get you on the road with competitive rates and flexible terms. Thinking about buying a home? Our Mortgage Loans & Refinancing services are here to guide you through the process, ensuring you find the right fit for your budget and long-term plans. For those unexpected expenses or consolidating debt, our Personal Loans & Debt Consolidation options provide quick access to funds when you need them most.

Shared Branch Services

If you're part of another credit union but need assistance while visiting us in South Boston, don't worry! We also facilitate Basic Shared Branch Transactions, allowing members from partner credit unions to make deposits and withdrawals seamlessly. At Mass Bay, we're dedicated to making banking accessible and straightforward. If you're ready to explore how we can help simplify your financial life, don't hesitate to reach out! Call us at (617) 269-2700, visit our website at South Boston, or stop by our branch today! Let us partner with you on your financial journey.

Digital & Online Banking

Key Features

Our mobile application makes banking even more accessible. It allows you to make mobile payments with just a few taps on your smartphone, giving you the freedom to shop or send money to friends without needing cash or checks. Plus, with person-to-person transfers available, sending money to loved ones is as simple as entering their details and hitting send. If you're environmentally conscious, you'll appreciate our e-statements feature. Instead of waiting for paper statements in the mail, you can receive them electronically, helping to reduce waste while keeping your financial information secure and organized. Security is a top priority at Mass Bay. Our systems are designed to protect your personal information while ensuring that your transactions are safe and secure. Although we do not currently support electronic signature authorization, we remain committed to providing a user-friendly experience that puts you in control of your finances. In summary, whether you're accessing accounts through our website or using our mobile app, you can enjoy peace of mind knowing that managing your money is easy and secure with Mass Bay. Visit us today at https://www.massbaycu.org/ to learn more about how our digital banking solutions can enhance your financial life!

Financial Strength

A Growing Community

We have a strong and growing member base with a total of 31,719 share accounts, demonstrating the trust you place in us with your finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Mass Bay is your trusted partner. Visit us at 147 W 4Th St South Boston Ma 02127 or call (617) 269-2700 to learn more about how we can help you achieve your financial goals.

Investing in Our Future Together

Our commitment to our members is reflected in our $37,515,835 in undivided earnings. These funds allow us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $848 in used auto loans and $295,270,817 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Member-Focused Savings

Members' savings are secured through $77,713,250 in share certificates and $17,404,457 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 46 full-time employees and 5 part-time employees who ensure our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $38,224,922, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,067 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 $12,379,548 in used vehicle loans and $23,573,003 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 car, we have flexible options that can fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $377,517 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to enhance an existing one, our team will work with you to find suitable lending solutions. At Mass Bay, we believe in empowering our members with the resources they need for their financial journeys. Our dedicated staff is available for any questions regarding eligibility or refinancing options. Feel free to reach out at 617-269-2700 or visit us at 147 W 4Th St South Boston Ma 02127 during our operating hours from 8:45 AM to 4:15 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore our loan products today and discover how we can assist you in reaching your financial aspirations!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $89,261,369, make buying or refinancing simple. We provide competitive rates and terms tailored to your specific circumstances. If you're considering refinancing your existing mortgage, our team is here to guide you through the process and discuss eligibility options.

Unsecured Credit Card Loans

Managing everyday expenses is easier with our flexible terms on unsecured credit card loans. While currently we have $0 in unsecured credit card loans available, we are committed to providing options that help you effectively manage your finances.

Loan Aggregator

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Mass Bay