Every member of City of Boston Credit Union has a Share or Savings Account, this account establishes membership in the Credit Union and offers you all the advantages of membership. A member must maintain a minimum balance of $25 in their Share (Savings) Account to remain in good standing with the Credit Union - remember once a member, always a member, whether you change jobs or move. Features of your Share Account include, a Free ATM card, Free Online Banking and 24-hour Telephone Access, and can serve as Overdraft Protection for your City of Boston Credit Union Checking Account. Dividends are calculated on the daily balance and paid monthly.
City of Boston Credit Union also has four Club Account options to help members save for special events throughout the year. With payroll deduction and dividends paid monthly this is an easy and systematic way to save. Members can open one Club Account or all four. Club Accounts are closed and deposited into your Share (Savings) Account in the month indicated and start over automatically.
Thrift Club Account disburses in February
Vacation Club Account disburses in May
All-Purpose Club Account disburses in August
Holiday Club Account disburses in November
All Deposit Accounts at City of Boston Credit Union are insured, for more information click here.