City of Boston Credit Union prides itself for listening to the needs of our members and has introduced many Special Loan options based on those needs.
Our Holiday Loan is a very popular product among our members, with a specific application period beginning in early Fall and continues until after the holidays. The maximum loan amount is $5,000, with a maximum repayment term of 12 months. Holiday Loan applications will begin being accepted on September 1, 2016. Click here to apply
Back to School Loan
Our Back to School Loan will help students of all ages get back to class with all the supplies they need! The maximum loan amount is $5,000, with a maximum repayment term of 12 months. One year's current/consistent work experience is required to apply. Click here to apply
Pack your bags! City of Boston Credit Union's vacation loan can help with the expenses of that much needed vacation. The maximum loan amount is $5,000, with a maximum repayment term of 12 months. One year's current/consistent work experience is required to apply. Click here to apply
Contact the Credit Union for further information regarding terms and conditions for the above loan products.
City of Boston Credit Union's Skip-A-Payment Program offers members that are current on all of their Credit Union loans the option to elect to skip a payment at anytime during the year. If you have more than one of the eligible loan types you may choose to skip all of your payments or just one. The Skip-A-Payment option is permitted once every 12 month period for each loan product you have with the Credit Union.
This program extends the term of your loan by one month and is not available for loan agreements less than three (3) months old.
The following loan types qualify for the Skip-A-Payment Program:
New/Used Auto Loans
New/Used Motorcycle Loans
New/Used Recreational Vehicle Loans
Share Secured Loans
Home Improvement Loans
It's easy to Skip-A-Payment, download and complete this form for each eligible loan you would like to skip. Return form(s) to any branch location or mail to City of Boston Credit Union, City Hall Plaza, Room 242, Boston, MA 02201.