NEWS & INFORMATION
City Hall building is closed again to the public.
You can reach the Credit Union at (978) 970-4088 during the following hours.
CHECKS BY MAIL ONLY
| Business Hours 12/15/20 | |
| Monday | 8:30 AM to 2:00 PM |
| Tuesday | 8:30 AM to 4:00 PM |
| Wednesday | 8:30 AM to 2:00 PM |
| Thursday | 8:30 AM to 4:00 PM |
| Friday | CLOSED |
| Closed Weekends & Holidays |
Vacation Loans
It’s vacation season! Now is the time to take out a low rate vacation loan. We have vacation loans as low as 9.00% APR*
*APR = Annual Percentage Rate
Save The Date – 1/14/2021
We will be holding our annual meeting on Thursday, January 14, 2021 at noon.
This meeting replaces the original meeting scheduled for March 26, 2020 which had to be cancelled due to Covid 19 concerns. Members can participate by calling in or by joining our teleconference, Ring Central Meeting.
If you are interested in joining the meeting please call the credit union for the necessary link and telephone number.
Download a Loan Application
Loan Rates
| Tier |  |
Model Yrs | Term | Credit | Debt Ratio | Max | Interest Rate |
|---|---|---|---|---|---|---|---|
| 1 | 2019-2020 | 1-5 Years | 700-850 | 42.00% | $50,000.00 | 2.35% APR* | |
| 2 | 2019-2020 | 1-5 Years | 600-699 | 38.00% | $40,000.00 | 2.99% APR* | |
| 3† | 2019-2020 | 1-5 Years | 500-599 | 32.00% | $30,000.00 | 3.99% APR* | |
| 1 | Any Year- | 1-5 Years | 700-850 | 42.00% | $40,000.00 | 2.49% APR* | |
| 2 | Any Year- | 1-5 Years | 600-699 | 38.00% | $30,000.00 | 3.19% APR* | |
| 3† | Any Year- | 1-5 Years | 500-599 | 32.00% | $22,000.00 | 4.49% APR* |
| Tier | Max Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
|---|---|---|---|---|---|
| 1 | 1 Year | 650-850 | 42.00% | $6,000.00 | 2.50% APR* |
| 2 | 1 Year | 600-699 | 38.00% | $4,000.00 | 2.75% APR* |
| 3† | 1 Year | 500-599 | 32.00% | $2,000.00 | 3.00% APR* |
| Tier | Type | Max Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
|---|---|---|---|---|---|---|
| 1 | Unsecured | 4 Years | 700-850 | 42.00% | $15,000.00 | 10.00% APR* |
| 2 | Unsecured | 4 Years | 600-699 | 38.00% | $10,000.00 | 11.00% APR* |
| 3† | Unsecured | 4 Years | 500-599 | 32.00% | $5,000.00 | 12.00% APR* |
| Tier |
Condition | Max.Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
|---|---|---|---|---|---|---|
| 1 | New | 5 | 700-850 | 42.00% | $50,000.00 | 2.99% APR* |
| 2 | New | 5 | 600-699 | 38% | $25,000.00 | 3.49% APR* |
| 5 | New | 5 | 500-599 | 32% | $15,000.00 | 4.99% APR* |
| 1 | Used | 5 | 700-850 | 42.00% | $40,000.00 | 3.49% APR* |
| 2 | Used | 5 | 600-699 | 38% | $20,000.00 | 3.99% APR* |
| 5 | Used | 5 | 500-599 | 32% | $12,000.00 | 4.49% APR* |
| Tier | Max Years | Credit Score | Debt Ratio | Max Amount | Interest Rate |
|---|---|---|---|---|---|
| 1 | 1 Year | 700-850 | 42.00% | $2,500.00 | 9.00% APR* |
| 2 | 1 Year | 600-699 | 38.00% | $2,000.00 | 10.00% APR* |
| 3† | 1 Year | 500-599 | 32.00% | $1,500.00 | 11.00% APR* |
*APR = Annual Percentage Rate, APY = Annual Percentage Yield. Individuals with credit scores of 350-499 are not eligible for consideration.
† Co-borrower with at least a 650 or higher credit score and credit committee approval.
The Smart Option Student Loan
With college costs growing fast, it’s time to borrow smarter. The Smart Option Student Loan® offers three repayment options and competitive interest rates to help you pay for college expenses not covered by scholarships and federal loans.
Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. 