714 Main St
Shrewsbury, MA 01545
Central One is an NCUA insured institution located in Shrewsbury, MA. It was founded in 1952 and has approximately $526.51 millions in assets.
Who can join?
Field of Membership for the community based charter includes persons who live, work, worship, go to school or own a business in the following communities:
Auburn, Berlin, Bolton, Boylston, Clinton, Grafton, Harvard, Holden, Hopkinton, Lancaster, Leicester, Marlboro, Milford, Millbury, Northborough, Paxton, Princeton, Rutland, Shrewsbury, Southborough, Sterling, Upton, Westborough, W. Boylston, Worcester
Note: Family members or members from the same household of all existing members are eligible to join.
Family member is defined as a child, spouse, sibling, parent, grandparent or grandchild. This would include stepparents, stepchildren, siblings, and adoptive relationships.
Household is defined to include persons living in the same residence and who maintain a single economic unit. This includes any person who is a permanent member of, and helps maintain the household.
| NCUA Insured | Yes |
| Charter Number # | # 8218 |
| Date Established | 1952 |
| Assets | $526.51 million |
| Loans | $459.01 million |
| Deposits | $443.59 million |
| Capital | $51.73 million |
Your Current Location: Virginia, VA 20146
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $5 | - | Learn More |
|
Money Market
|
0.20% | $1 | $9,999 | Learn More |
|
Money Market
|
0.50% | $10,000 | $49,999 | Learn More |
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
1.50% | $1,000 | - | Learn More |
| 12 Mo CD
|
1.90% | $1,000 | - | Learn More |
| Compare with 2.02% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 1.92% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 1.92% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 2.02% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 1.92% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 2.02% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 2.02% APY Online 1-Year CD from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 1.80% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| Compare with 1.90% APY 12 MONTH from Gateway First Bank | Advertiser Disclosure | ||||
| 18 Mo CD
|
1.95% | $1,000 | - | Learn More |
| 24 Mo CD
|
1.95% | $1,000 | - | Learn More |
| 30 Mo CD
|
2.00% | $1,000 | - | Learn More |
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.10% | $1 | - | Learn More |
| Fixed IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Fixed IRA
|
1.90% | $1,000 | - | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $1 | - | Learn More |
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Share Draft Checking | 0.00% | $0 | $0.00 | Learn More |
Your Current Location: Virginia, VA 20146
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit | 6.25% | 6.25% | Varies |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 3 Year | 2.99% | 2.99% | $726.92 | |
| 4 Year | 3.12% | 3.12% | $554.63 | |
| 5 Year | 3.37% | 3.37% | $453.28 |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 12 Year Fixed Conforming | 3.03% | 3.00% | $2,069.47 | |
| 15 Year Fixed Conforming | 3.02% | 3.00% | $1,726.45 | |
| 20 Year Fixed Conforming | 3.52% | 3.50% | $1,449.90 | |
| 30 Year Fixed Conforming | 3.51% | 3.50% | $1,122.61 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 12 Year Fixed Conforming | 3.03% | 3.00% | $2,069.47 | |
| 15 Year Fixed Conforming | 3.02% | 3.00% | $1,726.45 | |
| 20 Year Fixed Conforming | 3.52% | 3.50% | $1,449.90 | |
| 30 Year Fixed Conforming | 3.51% | 3.50% | $1,122.61 |
Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Below are Central One branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ashburn,Virginia
The following ratios and data are available to help you better understand the financial condition of Central One. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
| Central One | U.S. Average |
|---|---|
| 2.72% | 5.86 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2019, Central One had $1,195,683 in non-current loans and $245,000 in owned assets. To cover these potential losses it had $51,726,518 in net worth and $1,248,771 in loans loss reserves. That gives it a Texas Ratio of 2.72%.
| Central One | U.S. Average |
|---|---|
| 9.82% | 13.65% |
Central One FCU has a net worth of 9.82% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
A federal credit union, registered with the NCUA under certificate #8218.
Learn more about credit unions here.
No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.
Please see Field of Membership information above for information on who is eligible to join.
Central One has total capital of $51.73 million. Full information on Central One's financial position is located above.
Credit Unions are owned by their members.
See branch locations nearby.
Compare home equity lines of credit rates here.
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