Welcome to City of Boston Credit Union!

A video message from City of Boston Credit Union President/CEO Dan Waltz

As of January 1, 2019 all Chadwick Federal Credit Union members are now part of the City of Boston Credit Union family.  City of Boston Credit Union is honored to have the opportunity to serve the members of Chadwick Federal Credit Union and we pledge to offer you the same professional and courteous service you have been accustomed to from the great staff at Chadwick, who are now employees of CBCU!  We understand the significance of this transition and have established a plan to reach out to each of you individually to personally convert your accounts over to CBCU as smoothly as possible.  Until you have been contacted please continue to access and use your Chadwick accounts as you have done previously.  Below are FAQs that will help answer some questions you may have, but please feel free to reach out with additional questions to Richard Bonomo at (781) 255-4912 or (781) 255-4917 or via email at richard.bonomo@chadwickfcu.com.

Who is City of Boston Credit Union?

Since 1915, the City of Boston Credit Union has provided its members with personal, convenient and value-priced financial services that support them through all of life’s milestones. City of Boston Credit Union members enjoy benefits that traditional banks can’t give them -- including personalized access to financial solutions, and relationship-driven customer service. Today, with the addition of Chadwick Federal Credit Union locations and staff, the Credit Union employs more than 80 colleagues and serves more than 28,000 members at seven branch locations.

After January 1, 2019 will I still be able to access my Chadwick deposit accounts?

Yes, please continue to utilize your existing share draft/checking account checks and deposit slips,
savings/share account and all other deposit accounts as you have prior to the merger.  Your checks, debit/ATM cards and all your Chadwick deposit accounts will still be valid until you are contacted to
convert your accounts over to the City of Boston Credit Union system.

What will happen to my Chadwick Federal Credit Union direct deposits, automatic withdrawals and bill payments?

Any direct deposits, withdrawals or bill payments you had set up with your Chadwick Federal Credit Union accounts will continue to be processed as they had prior to the merger.  Please continue to access your Chadwick home banking and bill pay through the link on the Chadwick website. When you are contacted to convert your accounts to City of Boston Credit Union you will be instructed on how to adjust these to your new CBCU accounts.

Will my savings accounts still be insured?

Yes, you can rest assured that during this transition all of your share deposit accounts are still federally insured with the NCUA up to $250,000, and in addition, City of Boston Credit Union provides excess deposit insurance for member balances over $250,000 through the Massachusetts Credit Union Share Insurance Corporation (MSIC). Please click here for more information.

What will happen to my Chadwick Federal Credit Union loans?

If you have any loans, credit cards or mortgages with Chadwick Federal Credit Union, as of
January 1, 2019, they will become City of Boston Credit Union loans, credit cards or mortgages.  However, if you have automatic payments set up for these loans, mortgages or credit cards, they will continue to be
processed as they were prior to the merger.  If you pay your loans, credit cards or mortgage by
check, please continue to make your payments as you had done prior to the merger.  Also, you
may continue to use your Chadwick Federal Credit Union credit card until you are contacted
to convert your accounts.  If you need to apply for a new consumer loan or Visa® credit card after January 1, 2019 you may do so by applying securely online, please click here.  If you would like to apply for a mortgage, home equity or home improvement loan, please click here for instructions to begin this process.

What is the Fee Schedule for City of Boston Credit Union?

Please click here for our current Fee Schedule.

What are the current City of Boston Credit Union deposit and loan rates?

Please click the appropriate category below to find specific rates.

Deposit Rates

Consumer Loan Rates

Vehicle Loan Rates

Home Loan Rates

Does City of Boston Credit Union offer convenience and discounted products and services?

Yes, City of Boston Credit Union offers some of the same products and services you were
accustomed to from Chadwick Federal Credit Union, plus others that will be value added benefits as a member of CBCU!

Some of these include:

  • Free mobile banking, including remote deposit of checks using your mobile device,
    through our mobile banking apps
  • Visa® Credit Cards and Mastercard® Debit Cards Mobile Wallet enabled
  • Access to Balance Pro, free financial counseling services
  • Plus, many more!  

Who should I call if I have more questions?

Please contact Richard Bonomo at (781) 255-4912 or (781) 255-4917.