Central One Federal Credit Union
Headquarters
714 Main St
Shrewsbury, MA 01545
See all branch locations →
2025 Overview
General Credit Union Information
Central One is an NCUA insured institution located in Shrewsbury, MA. It was founded in 1952 and has approximately $840.79 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 / Federally Chartered |
| Charter Number # | # 8218 |
| Date Established | 1952 |
| Assets | $840.79 million |
| Loans | $639.29 million |
| Deposits | $705.25 million |
| Capital | $78.49 million |
Field of Membership Restrictions
Membership in Central One Federal Credit Union is open to those who live, work, attend school or worship in 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 or Worcester, Massachusetts.
Deposit Rates - July 30, 2025
Your Current Location: New York, NY 10116
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.10% | $2,500 | $4,999 |
Learn More
|
|
Money Market
|
0.20% | $2,500 | $2,999 |
Learn More
|
|
Money Market
|
0.50% | $10,000 | $14,999 |
Learn More
|
|
Money Market
|
0.50% | $25,000 | $29,999 |
Learn More
|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.55% | $10,000 | $14,999 |
Learn More
|
| 6 Mo CD
|
0.55% | $100,000 | $199,999 |
Learn More
|
| 12 Mo CD
|
0.80% | $10,000 | $14,999 |
Learn More
|
| 12 Mo CD
|
0.80% | $100,000 | $199,999 |
Learn More
|
| 18 Mo CD
|
0.95% | $10,000 | $14,999 |
Learn More
|
| 18 Mo CD
|
0.95% | $100,000 | $199,999 |
Learn More
|
| 24 Mo CD
|
0.95% | $10,000 | $14,999 |
Learn More
|
| 24 Mo CD
|
0.95% | $100,000 | $199,999 |
Learn More
|
| 30 Mo CD
|
0.95% | $10,000 | $14,999 |
Learn More
|
| 30 Mo CD
|
0.95% | $100,000 | $199,999 |
Learn More
|
| 36 Mo CD
|
0.95% | $10,000 | $14,999 |
Learn More
|
| 36 Mo CD
|
0.95% | $100,000 | $199,999 |
Learn More
|
| 60 Mo CD
|
1.05% | $10,000 | $14,999 |
Learn More
|
| 60 Mo CD
|
1.05% | $100,000 | $199,999 |
Learn More
|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Var IRA
|
0.10% | $1 | $499 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.05% | $1 | $99 | Learn More |
| Int Ckg
|
0.05% | $2,500 | $3,499 | Learn More |
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Regular Checking | 0.00% | $0 | $0.00 | Learn More |
Loan Rates - July 30, 2025
Your Current Location: New York, NY 10116
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
6.50% | 6.50% | Varies | |
Compare with RATE Line of Credit from PenFed Credit Union
See All Home Equity Rates |
||||
| 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 | |
|---|---|---|---|---|
| 10 Year Fixed Conforming See Amortization Table |
6.93% | 6.43% | $3,621.66 | |
| 15 Year Fixed Conforming See Amortization Table |
6.91% | 6.41% | $2,772.09 | |
| 20 Year Fixed Conforming See Amortization Table |
6.91% | 6.53% | $2,391.30 | |
| 30 Year Fixed Conforming See Amortization Table |
7.15% | 6.90% | $2,107.09 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 10 Year Fixed Conforming See Amortization Table |
6.93% | 6.43% | $3,621.66 | |
| 15 Year Fixed Conforming See Amortization Table |
6.91% | 6.41% | $2,772.09 | |
| 20 Year Fixed Conforming See Amortization Table |
6.91% | 6.53% | $2,391.30 | |
| 30 Year Fixed Conforming See Amortization Table |
7.15% | 6.90% | $2,107.09 | |
Compare with 6.380% APR and 6.250% 30-Year Fixed RATE from Reliant Home Funding, Inc.
See All Mortgage Rates |
||||
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.
Branches
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:
New York City,New York
Central One Locations around zip code 10116
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 155.98 | A | View Lobby Hours | |
| 158.76 | B | View Lobby Hours | |
| 162.63 | C | View Lobby Hours | |
| 163.70 | D | View Lobby Hours | |
| 163.83 | E | View Lobby Hours | |
| 165.86 | F | View Lobby Hours | |
| 166.30 | G | View Lobby Hours | |
| 168.00 | H | View Lobby Hours | |
| 168.55 | I | View Lobby Hours | |
| 168.85 | J | View Lobby Hours | |
| 185.79 | K | View Lobby Hours |
Climate Policy and Initiatives
CENTRAL ONE is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
Add Your Review
or use your BestCashCow account
or
Financial Details
Central One Ratio Analysis
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.
Texas Ratio
| Central One | U.S. Average |
|---|---|
| 9.56% | 6.86 |
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 March 31, 2025, Central One had $7,474,437 in non-current loans and $176,187 in owned assets. To cover these potential losses it had $78,488,474 in net worth and $1,554,365 in loans loss reserves. That gives it a Texas Ratio of 9.56%.
Net Worth
| Central One | U.S. Average |
|---|---|
| 9.33% | 14.12% |
Central One FCU has a net worth of 9.33% versus the BestCashCow average of 14.12. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Central One
There are currently no comments for CENTRAL ONE. Be the first to share your experience. Please provide comments that will help others.
Add Your Review
or use your BestCashCow account