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
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. 