Best Credit Union Savings and Money Market Rates in Woburn, Massachusetts, MA June 15, 2025

You are viewing savings rates from credit unions in Woburn, Massachusetts

Credit Unions can offer savings and money market rates that are competitive not only with local banks, but also sometimes with the best rates at online savings banks. The table below lists the best rates at credit unions near you. If you click on the credit union’s name, you’ll be taken to more information about its locations and operations.

Woburn, MA - June 15, 2025

Savings Account National Average Rate: 0.45% ^?

Credit Unions	APY	MIN
Digital Digital Branch Restrictions	5.50% 3.25%	$5 $0	Learn More
Rate History: 6.17% → 5.50%
Julie \| May 4, 2016 Refi, no cash out, no second Read More Reviews (2)
Baxter Natick Branch Restrictions	4.00% 0.40% 0.30% 0.15% 0.10% 0.05%	$15,000 $500,000 $250,000 $100,000 $25,000 $1,000	Learn More Add Review
12 Month Introductory Rate
Usalliance Usalliance Branch Restrictions	3.75%	$500	Learn More Add Review
Rate History: 4.65% → 4.55% → 3.75%
Hanscom Hanscom Branch Restrictions	3.75% 3.50% 2.50% 1.50% 0.50%	$500,000 $100,000 $50,000 $25,000 $1	Learn More Add Review
Digital Digital Branch Restrictions	3.50% 3.38% 3.30% 1.77%	$100,000 $50,000 $25,000 $1,000	Learn More
Rate History: 3.30% → 3.50%
Julie \| May 4, 2016 Refi, no cash out, no second Read More Reviews (2)
Direct Main Branch Restrictions	3.25%	$25,000	Learn More Add Review
Metro Framingham Branch Restrictions	3.25% 0.10%	$10,000 $25	Learn More Add Review
Rate History: 3.50% → 3.25%
American Airlines American Airlines Branch Restrictions	2.02%	$5	Learn More
jose \| Jun 12, 2017 five star......great location...fast service Read More Reviews (1)
Baxter Natick Branch Restrictions	2.00% 1.50% 0.01%	$25,000 $25 $0	Learn More Add Review
Rate History: 2.50% → 2.00%
Align No. Mass. Tel Worker Branch Restrictions	1.70% 1.50% 1.35% 1.15% 1.00% 0.85% 0.25%	$250,000 $100,000 $50,000 $25,000 $10,000 $2,500 $1	Learn More Add Review
Rate History: 0.85% → 0.70% → 1.70%
Transportation Kendall Square Branch Restrictions	1.40% 1.35% 1.25% 1.00%	$50,000 $20,000 $10,000 $2,500	Learn More
9238210 Lost \| Jan 19, 2023 They have a lot of potential to be great. But, they need to learn their systems and how to best serve their Members. Don't do it. Just don't. You've been warned. Read More Reviews (1)
Direct Main Branch Restrictions	1.10% 1.00% 0.75% 0.55% 0.35%	$200,000 $75,000 $100,000 $50,000 $500	Learn More Add Review
Mass Bay Mass Bay Branch Restrictions	0.80% 0.60% 0.50% 0.35% 0.15%	$100,000 $50,000 $20,000 $10,000 $2,500	Learn More
Patricia \| Sep 15, 2021 The rates posted here is not the same. Check the credit union's web site for actual rates Read More Reviews (1)
Usalliance Usalliance Branch Restrictions	0.60% 0.50% 0.40% 0.25% 0.15% 0.10% 0.07%	$1,000,000 $500,000 $250,000 $100,000 $50,000 $10,000 $2,000	Learn More Add Review
Ukrainian Ukrainian Branch Restrictions	0.60%	$25,000	Learn More Add Review
Boston Firefighters Boston Firefighters Branch Restrictions	0.50%	$25,000	Learn More Add Review
Tremont Tremont Branch Restrictions	0.50%	$25,000	Learn More Add Review
Workers Workers' Branch Restrictions	0.50%	$25,000	Learn More Add Review
Central One Waltham Branch Restrictions	0.50%	$10,000	Learn More Add Review
Nesc Andover Irs Branch Restrictions	0.50%	$2,500	Learn More Add Review
Ukrainian Ukrainian Branch Restrictions	0.50%	$2,500	Learn More Add Review
Boston Firefighters Boston Firefighters Branch Restrictions	0.40%	$10,000	Learn More Add Review
Members Plus Norwwod Branch Restrictions	0.40%	$25,000	Learn More Add Review
Workers Workers' Branch Restrictions	0.40%	$2,500	Learn More Add Review
Rockland Rockland Branch Restrictions	0.40%	$10,000	Learn More Add Review
Jeanne D'arc Tyngsboro Branch Restrictions	0.35%	$25,000	Learn More Add Review
Quincy Quincy Branch Restrictions	0.35%	$25,000	Learn More Add Review
Metrowest Community Main Office Branch Restrictions	0.32%	$10,000	Learn More
Patricia Westhaver \| Jun 8, 2021 Call first. Rate is different Read More Reviews (1)
City Of Boston City Of Boston Branch Restrictions	0.30%	$25,000	Learn More Add Review
Jeanne D'arc Tyngsboro Branch Restrictions	0.30%	$10,000	Learn More Add Review
First Priority Boston Branch Restrictions	0.30%	$25,000	Learn More Add Review
Liberty Bay Liberty Bay Branch Restrictions	0.30%	$25,000	Learn More Add Review
St. Jean's St. Jean's Branch Restrictions	0.30%	$10,000	Learn More Add Review
River Works River Works Branch Restrictions	0.30%	$25,000	Learn More Add Review
Brotherhood Main/corporate Office Branch Restrictions	0.30%	$25,000	Learn More Add Review
First Technology Addison Avenue Branch Restrictions	0.25% 0.20% 0.01%	$100,000 $250,000 $25	Learn More Add Review
Rate History: 0.35% → 0.25%
Star Usa Restrictions	0.25%	$50,000	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
Transportation Kendall Square Branch Restrictions	0.25%	$5	Learn More
9238210 Lost \| Jan 19, 2023 They have a lot of potential to be great. But, they need to learn their systems and how to best serve their Members. Don't do it. Just don't. You've been warned. Read More Reviews (1)
Members Plus Norwwod Branch Restrictions	0.25%	$10,000	Learn More Add Review
Boston Firefighters Boston Firefighters Branch Restrictions	0.25%	$2,500	Learn More Add Review
Jeanne D'arc Tyngsboro Branch Restrictions	0.25%	$2,500	Learn More Add Review
Tremont Tremont Branch Restrictions	0.25%	$2,500	Learn More Add Review
Umassfive College Umassfive College Branch Restrictions	0.25%	$2,500	Learn More Add Review
Rockland Rockland Branch Restrictions	0.25%	$2,500	Learn More Add Review
Brotherhood Main/corporate Office Branch Restrictions	0.25%	$2,500	Learn More Add Review
Metrowest Community Main Office Branch Restrictions	0.21%	$2,500	Learn More
Patricia Westhaver \| Jun 8, 2021 Call first. Rate is different Read More Reviews (1)
Edu Restrictions	0.20%	$0	Learn More Add Review
Members Plus Norwwod Branch Restrictions	0.20%	$2,500	Learn More Add Review
Central One Waltham Branch Restrictions	0.20%	$2,500	Learn More Add Review
Liberty Bay Liberty Bay Branch Restrictions	0.20%	$2,500	Learn More Add Review
Quincy Quincy Branch Restrictions	0.20%	$2,500	Learn More Add Review
Rockland Rockland Branch Restrictions	0.20%	$2,500	Learn More Add Review
Holyoke Holyoke Branch Restrictions	0.16%	$10,000	Learn More Add Review
Star Usa Restrictions	0.15%	$2,500	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
Jeanne D'arc Tyngsboro Branch Restrictions	0.15%	$2,500	Learn More Add Review
City Of Boston City Of Boston Branch Restrictions	0.15%	$2,500	Learn More Add Review
First Priority Boston Branch Restrictions	0.15%	$2,500	Learn More Add Review
Rtn Rtn Branch Restrictions	0.15%	$25,000	Learn More Add Review
Webster First Webster First Branch Restrictions	0.15%	$25,000	Learn More Add Review
St. Jean's St. Jean's Branch Restrictions	0.15%	$2,500	Learn More Add Review
River Works River Works Branch Restrictions	0.15%	$10,000	Learn More Add Review
Metrowest Community Main Office Branch Restrictions	0.11%	$2,500	Learn More
Patricia Westhaver \| Jun 8, 2021 Call first. Rate is different Read More Reviews (1)
Direct Main Branch Restrictions	0.10%	$5	Learn More Add Review
Mass Bay Mass Bay Branch Restrictions	0.10% 0.05% 0.03%	$10,000 $500 $5	Learn More
Patricia \| Sep 15, 2021 The rates posted here is not the same. Check the credit union's web site for actual rates Read More Reviews (1)
Star Usa Restrictions	0.10%	$10	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
City Of Boston City Of Boston Branch Restrictions	0.10%	$2,500	Learn More Add Review
First Priority Boston Branch Restrictions	0.10%	$2,500	Learn More Add Review
Hanscom Hanscom Branch Restrictions	0.10%	$25	Learn More Add Review
Rtn Rtn Branch Restrictions	0.10%	$2,500	Learn More Add Review
Tremont Tremont Branch Restrictions	0.10%	$2,500	Learn More Add Review
Webster First Webster First Branch Restrictions	0.10%	$2,500	Learn More Add Review
Central One Waltham Branch Restrictions	0.10%	$2,500	Learn More Add Review
Naveo Cambridge Portuguese Branch Restrictions	0.10%	$2,500	Learn More Add Review
Liberty Bay Liberty Bay Branch Restrictions	0.10%	$2,500	Learn More Add Review
Nesc Andover Irs Branch Restrictions	0.10%	$2,500	Learn More Add Review
St. Jean's St. Jean's Branch Restrictions	0.10%	$2,500	Learn More Add Review
River Works River Works Branch Restrictions	0.10%	$2,500	Learn More Add Review
Sharon Walpole Branch Restrictions	0.10%	$2,500	Learn More Add Review
Quincy Quincy Branch Restrictions	0.10%	$2,500	Learn More Add Review
Ukrainian Ukrainian Branch Restrictions	0.10%	$2,500	Learn More Add Review
Brotherhood Main/corporate Office Branch Restrictions	0.10%	$2,500	Learn More Add Review
First Technology Addison Avenue Branch Restrictions	0.10%	$1	Learn More Add Review
Rate History: 0.25% → 0.15% → 0.10%
Star Usa Restrictions	0.05%	$5	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
Rtn Rtn Branch Restrictions	0.05%	$2,500	Learn More Add Review
Workers Workers' Branch Restrictions	0.05%	$2,500	Learn More Add Review
Webster First Webster First Branch Restrictions	0.05%	$2,500	Learn More Add Review
Millbury Millbury Branch Restrictions	0.05%	$2,500	Learn More Add Review
Naveo Cambridge Portuguese Branch Restrictions	0.05%	$2,500	Learn More Add Review
Community Credit Union Of Lynn Somerville Branch Restrictions	0.05%	$2,500	Learn More Add Review
River Works River Works Branch Restrictions	0.05%	$2,500	Learn More Add Review
Sharon Walpole Branch Restrictions	0.05%	$2,500	Learn More Add Review
Umassfive College Umassfive College Branch Restrictions	0.03%	$2,500	Learn More Add Review
Holyoke Holyoke Branch Restrictions	0.02%	$2,500	Learn More Add Review
Community Credit Union Of Lynn Somerville Branch Restrictions	0.02%	$2,500	Learn More Add Review
Edu Restrictions	0.01%	$1	Learn More Add Review
Holyoke Holyoke Branch Restrictions	0.01%	$2,500	Learn More Add Review

All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Local Banks →

See rates for Online Banks →

Branches Info around Woburn, MA - June 15, 2025

Branch	Street	City	State
DIGITAL Digital Digital Branch	255 Great Road	Littleton	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
HANSCOM Hanscom Hanscom Branch	JFK Federal Building Room E-245, Govenment Center	Boston	MA
HANSCOM Hanscom Hanscom Branch	JFK Federal Building Room E-245, Govenment Center	Boston	MA
DIGITAL Digital Digital Branch	255 Great Road	Littleton	MA
DIGITAL Digital Digital Branch	255 Great Road	Littleton	MA
DIGITAL Digital Digital Branch	255 Great Road	Littleton	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
METRO Framingham Framingham Branch	1124 Worcester Rd	Framingham	MA
DIGITAL Digital Digital Branch	255 Great Road	Littleton	MA
HANSCOM Hanscom Hanscom Branch	JFK Federal Building Room E-245, Govenment Center	Boston	MA
AMERICAN AIRLINES American Airlines American Airlines Branch	Logan International Airport, 1 Harborside Drive, R	East Boston	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
DIGITAL Digital Digital Branch	255 Great Road	Littleton	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
HANSCOM Hanscom Hanscom Branch	JFK Federal Building Room E-245, Govenment Center	Boston	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
TRANSPORTATION Kendall Square Branch Kendall Square Branch	55 Broadway	Cambridge	MA
TRANSPORTATION Kendall Square Branch Kendall Square Branch	55 Broadway	Cambridge	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
TRANSPORTATION Kendall Square Branch Kendall Square Branch	55 Broadway	Cambridge	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
TRANSPORTATION Kendall Square Branch Kendall Square Branch	55 Broadway	Cambridge	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
UKRAINIAN Ukrainian Ukrainian Branch	282 Providence Hwy	Westwood	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
BOSTON FIREFIGHTERS Boston Firefighters Boston Firefighters Branch	60 Hallet Street	Dorchester	MA
HANSCOM Hanscom Hanscom Branch	JFK Federal Building Room E-245, Govenment Center	Boston	MA
TREMONT Tremont Tremont Branch	180Mt. Vernon St.	Dorchester	MA
WORKERS Workers' Workers' Branch	36 Charter Road	Acton	MA
CENTRAL ONE Waltham Waltham Branch	40 Sylvan Rd	Waltham	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
NESC Andover Irs Branch Andover Irs Branch	310 LOWELL ST	ANDOVER	MA
UKRAINIAN Ukrainian Ukrainian Branch	282 Providence Hwy	Westwood	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
BOSTON FIREFIGHTERS Boston Firefighters Boston Firefighters Branch	60 Hallet Street	Dorchester	MA
MEMBERS PLUS Norwwod Norwwod Branch	111 LENOX ST STE 111	NORWOOD	MA
WORKERS Workers' Workers' Branch	36 Charter Road	Acton	MA
ROCKLAND Rockland Rockland Branch	657 Main St	Walpole	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
JEANNE D'ARC Tyngsboro Tyngsboro Branch	150 Westford Rd	Tyngsboro	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
QUINCY Quincy Quincy Branch	100 Quincy Avenue	Quincy	MA
METROWEST COMMUNITY Main Office Main Office Branch	200 Concord St	Framingham	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
CITY OF BOSTON City Of Boston City Of Boston Branch	77 SPRING STREET	WEST ROXBURY	MA
JEANNE D'ARC Tyngsboro Tyngsboro Branch	150 Westford Rd	Tyngsboro	MA
FIRST PRIORITY Boston Branch Boston Branch	25 DORCHESTER AVE	BOSTON	MA
LIBERTY BAY Liberty Bay Liberty Bay Branch	99E Main Street, Redstone Plaza	Stoneham	MA
ST. JEAN'S St. Jean's St. Jean's Branch	184 shirley ave	revere	MA
RIVER WORKS River Works River Works Branch	947 Western Ave.	Lynn	MA
BROTHERHOOD Main/corporate Office Main/corporate Office Branch	75 Market St	Lynn	MA
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	3000 Minuteman Rd.,Bldg. 4 MS 0400	Andover	MA
TRANSPORTATION Kendall Square Branch Kendall Square Branch	55 Broadway	Cambridge	MA
MEMBERS PLUS Norwwod Norwwod Branch	111 LENOX ST STE 111	NORWOOD	MA
BOSTON FIREFIGHTERS Boston Firefighters Boston Firefighters Branch	60 Hallet Street	Dorchester	MA
JEANNE D'ARC Tyngsboro Tyngsboro Branch	150 Westford Rd	Tyngsboro	MA
TREMONT Tremont Tremont Branch	180Mt. Vernon St.	Dorchester	MA
UMASSFIVE COLLEGE Umassfive College Umassfive College Branch	318 Campus Center Way, 318 Student Union Building	Amherst	MA
ROCKLAND Rockland Rockland Branch	657 Main St	Walpole	MA
BROTHERHOOD Main/corporate Office Main/corporate Office Branch	75 Market St	Lynn	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
ALIGN No. Mass. Tel Worker No. Mass. Tel Worker Branch	969 Concord Street	Framingham	MA
METROWEST COMMUNITY Main Office Main Office Branch	200 Concord St	Framingham	MA
MEMBERS PLUS Norwwod Norwwod Branch	111 LENOX ST STE 111	NORWOOD	MA
CENTRAL ONE Waltham Waltham Branch	40 Sylvan Rd	Waltham	MA
LIBERTY BAY Liberty Bay Liberty Bay Branch	99E Main Street, Redstone Plaza	Stoneham	MA
QUINCY Quincy Quincy Branch	100 Quincy Avenue	Quincy	MA
ROCKLAND Rockland Rockland Branch	657 Main St	Walpole	MA
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	3000 Minuteman Rd.,Bldg. 4 MS 0400	Andover	MA
HOLYOKE Holyoke Holyoke Branch	4 Washington Avenue Ext.	Agawam	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
JEANNE D'ARC Tyngsboro Tyngsboro Branch	150 Westford Rd	Tyngsboro	MA
CITY OF BOSTON City Of Boston City Of Boston Branch	77 SPRING STREET	WEST ROXBURY	MA
FIRST PRIORITY Boston Branch Boston Branch	25 DORCHESTER AVE	BOSTON	MA
RTN Rtn Rtn Branch	451 Boston Post Road East	Marlborough	MA
WEBSTER FIRST Webster First Webster First Branch	Route 20 Trolley Crossing	Charlton	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
ST. JEAN'S St. Jean's St. Jean's Branch	184 shirley ave	revere	MA
RIVER WORKS River Works River Works Branch	947 Western Ave.	Lynn	MA
METROWEST COMMUNITY Main Office Main Office Branch	200 Concord St	Framingham	MA
DIRECT Main Branch Main Branch	50 Cabot St	Needham	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
CITY OF BOSTON City Of Boston City Of Boston Branch	77 SPRING STREET	WEST ROXBURY	MA
METRO Framingham Framingham Branch	1124 Worcester Rd	Framingham	MA
FIRST PRIORITY Boston Branch Boston Branch	25 DORCHESTER AVE	BOSTON	MA
HANSCOM Hanscom Hanscom Branch	JFK Federal Building Room E-245, Govenment Center	Boston	MA
RTN Rtn Rtn Branch	451 Boston Post Road East	Marlborough	MA
TREMONT Tremont Tremont Branch	180Mt. Vernon St.	Dorchester	MA
WEBSTER FIRST Webster First Webster First Branch	Route 20 Trolley Crossing	Charlton	MA
CENTRAL ONE Waltham Waltham Branch	40 Sylvan Rd	Waltham	MA
NAVEO Cambridge Portuguese Cambridge Portuguese Branch	493 Somerville Avenue	Somerville	MA
LIBERTY BAY Liberty Bay Liberty Bay Branch	99E Main Street, Redstone Plaza	Stoneham	MA
NESC Andover Irs Branch Andover Irs Branch	310 LOWELL ST	ANDOVER	MA
ST. JEAN'S St. Jean's St. Jean's Branch	184 shirley ave	revere	MA
RIVER WORKS River Works River Works Branch	947 Western Ave.	Lynn	MA
SHARON & CRESCENT UNITED Walpole Branch Walpole Branch	2 Union St	East Walpole	MA
QUINCY Quincy Quincy Branch	100 Quincy Avenue	Quincy	MA
UKRAINIAN Ukrainian Ukrainian Branch	282 Providence Hwy	Westwood	MA
BROTHERHOOD Main/corporate Office Main/corporate Office Branch	75 Market St	Lynn	MA
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	3000 Minuteman Rd.,Bldg. 4 MS 0400	Andover	MA
US Alliance Usalliance Usalliance Branch	159 Overland Rd	Waltham	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
RTN Rtn Rtn Branch	451 Boston Post Road East	Marlborough	MA
WORKERS Workers' Workers' Branch	36 Charter Road	Acton	MA
WEBSTER FIRST Webster First Webster First Branch	Route 20 Trolley Crossing	Charlton	MA
MILLBURY Millbury Millbury Branch	Webster Square Plaza, 68 Stafford Street	Worcester	MA
NAVEO Cambridge Portuguese Cambridge Portuguese Branch	493 Somerville Avenue	Somerville	MA
COMMUNITY CREDIT UNION OF LYNN Somerville Somerville Branch	377 Summer St	Somerville	MA
RIVER WORKS River Works River Works Branch	947 Western Ave.	Lynn	MA
SHARON & CRESCENT UNITED Walpole Branch Walpole Branch	2 Union St	East Walpole	MA
UMASSFIVE COLLEGE Umassfive College Umassfive College Branch	318 Campus Center Way, 318 Student Union Building	Amherst	MA
MASS BAY Mass Bay Mass Bay Branch	85 Revere Beach Parkway	Medford	MA
HOLYOKE Holyoke Holyoke Branch	4 Washington Avenue Ext.	Agawam	MA
COMMUNITY CREDIT UNION OF LYNN Somerville Somerville Branch	377 Summer St	Somerville	MA
BAXTER Natick Natick Branch	1 Boston Scientific PL	Natick	MA
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	3000 Minuteman Rd.,Bldg. 4 MS 0400	Andover	MA
HOLYOKE Holyoke Holyoke Branch	4 Washington Avenue Ext.	Agawam	MA

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Why are credit union rates sometimes better than those from local and online banks?

The core difference between banks and credit unions is true regardless of size: Credit unions are nonprofits owned by the members, while banks are for-profit organizations. Credit unions can therefore sometimes pass along their profits in the form of lower rates (or better loan terms). Banks have some flexibility when competition forces it, but have to deliver an expected return on capital to their owners.

Is customer service better at credit unions that local banks or online banks?

Credit unions have long surpassed commercial banks for customer satisfaction. But as membership grows, their lead is shrinking, at least when compared with smaller banks. It’s also worth noting that in recent years, several online-only banks have earned high marks for their customer-friendly service options and their transparent discussions of fees and rates. You may enjoy the local interaction with a credit union, but unless you are also getting a competitive rate, you may find that you best bet is to also have an online bank where you keep most of you money.

Is there any difference between a share certificate offered by a credit union and a savings or money market account offered by a bank?

The difference is mainly one of terminology, as increasingly is the difference between savings and money market accounts. Be sure to understand how to access you account. Look for no fees so long as certain balances are maintained, easy liquidity and ability to transfer your money to your accounts at other institutions, including ACH transfers to online banks.

Do Credit Unions lack technology that banks have?

As technology becomes a larger part of our everyday lives, customers rely on the ability to bank online or through a mobile device, such as an iPhone. Although credit unions are making the effort to keep pace with new financial technologies, they are still trailing banks (especially the leading online banks) on this front. Several third party platforms for online banking and mobile banking are increasingly being adopted throughout the banking industry, and credit unions will likely begin to adopt these as well, which should narrow or remove the gap between them and banks.

Is my money any less safe?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Should I consider time deposits?

Time deposits are the credit union’s term for certificates of deposit, but, aside from slightly different terminology, are virtually the same product. Time deposits have less liquidity, but if you are unlikely to require access to your cash for some time, you may be able to significantly augment your rate of return and the growth of your capital. Since unforeseen circumstances do arise, it is important to understand the early withdrawal fees that may even eat into your principal, and early withdrawal is often entirely at the credit union’s discretion. BestCashCow compiles all rates of all credit unions near you. Access this information here. You should also familiarize yourself with our Savings Booster Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

5 POINT CHECKLIST OF THINGS THAT MAKE CREDIT UNIONS GREAT

Rates are often better than savings and CD rates at local banks. Borrowing rates are sometimes lower too.
Members are Owners of a nonprofit. When you open an account at a credit union, your account is actually a share and provides you voting rights. Since credit unions are run as non-profits, you aren’t going to get appreciation or dividends from your ownership. Instead, these institutions have the ultimate goal of providing their members better rates on loans and financial products. When a credit union makes a profit, it is used to provide better opportunities to the community that it serves.
Clerks work with you. Since credit unions are small and serve their owners, they try hard to keep them happy. Many credit unions have fans for life after a clerk stays late to complete loan documents, and giving pointers about avoiding fees.
Credit unions provide low-income and financially distressed individuals the chance to qualify for financing.
Credit unions often run special programs that enable people to save for the holidays (such as Christmas Clubs) or to help finance the cost of higher education and university.