Rates as of December 1, 2019

Dividend Rates
Account Name Min. Balance to Earn Dividends Dividend Rate APY 1
Main Share $5.00 (Minimum to open = $5) 0.10% 0.10%
Club Accounts $25.00 (Minimum to open = $0) 0.10% 0.10%
NOW Accounts Checking Tier  $25.00 (Minimum to open = $0) 0.05% 0.05%
IRA & Roth IRA Savings $25.00 0.50% 0.50%
WINcentive Savings $5.00 0.10% 0.10%
Money Market Tier I 2 $1,000.00 0.20% 0.20%
Money Market Tier II 2 $20,000.00 0.60% 0.60%
Money Market Tier III 2 $50,000.00 0.85% 0.85%

1 Annual Percentage Yield
2 All other money market account terms apply.

APY is Annual Percentage Yield. This rate schedule states rates applicable to specified accounts. Dividends are credited to your account and compounded every month. This schedule is incorporated as a part of your account agreement with your Credit Union. *Minimum balance requirements apply to average daily balance (amount of principal in account each day). **All savings rates are variable, this means the dividend rate and annual percentage yield may change at any time as determined by the Board of Directors. Fees could reduce earnings.

Certificate Rates*
Account Name Min. Balance to Earn Dividends* Dividend Rate APY 1
3 Months $500.00 .50% .50%
6 Months $500.00 .70% .70%
8 Months $500.00 .75% .75%
12 Months 3 $500.00 1.24% 1.25%
13 Months Special 3, 4 $500.00 1.78% 1.80%
18 Months 3 $500.00 1.34% 1.35%
23 Months Special 3, 4 $500.00 2.13% 2.15%
24 Months 3 $500.00 1.54% 1.55%
30 Months 3 $500.00 1.64% 1.65%
34 Month Bump-Up Special+ $500.00 1.78% 1.80%
36 Months 3 $500.00 1.88% 1.90%
46 Month Bump-Up Special+ $500.00 1.98% 2.00%
48 Months 3 $500.00 2.08% 2.10%
58 Month Bump-Up Special+ $500.00 2.27% 2.30%
60 Months 3 $500.00 2.37% 2.40%
Jumbo
Jumbo/3 Months $50,000.00 .60% .60%
Jumbo/6 Months $50,000.00 .80% .80%
Jumbo/8 Months $50,000.00 .85% .85%
Jumbo/12 Months 3 $50,000.00 1.34% 1.35%
Jumbo/18 Months 3 $50,000.00 1.44% 1.45%
Jumbo/24 Months 3 $50,000.00 1.64% 1.65%
Jumbo/30 Months 3 $50,000.00 1.73% 1.75%
Jumbo/36 Months 3 $50,000.00 1.98% 2.00%
Jumbo/48 Months 3 $50,000.00 2.18% 2.20%
Jumbo/60 Months 3 $50,000.00 2.47% 2.50%

* Subject to penalty for early withdrawal
** Minimum balance to open and earn dividends
1 Annual Percentage Yield
3 Also available for IRA's, including ROTH
4 Certificate Specials available for a limited time. 13-Month and 23-Month Certificate Specials are limited to a maximum $250,000 deposit, per special, per member.

APY is Annual Percentage Yield. The rates quoted above are accurate and effective for the above accounts as of the effective date indicated. Certificate rates remain fixed for the term of the certificate. Dividends will be credited to your account and compounded every month. Fees or other conditions could reduce the earnings on the account. A penalty may be imposed for withdrawals before maturity. *Jumbo refers to savings and IRA Certificates with minimum balances of $50,000. If you have any questions or need currect rate information on your accounts, please call (617) 635-4545.

+The bump-up option can only be exercised once during the term of the certificate.  The certificate term is not extended by the bump-up/APY increase. APY increases are not retroactive, and will apply to the remainder of the certificate term. APY increases can be initiated on the 34-month certificate if the then current APY for City of Boston Credit Union’s 34-month certificate or 36-month certificate is above 1.90%, or on the 46-month certificate if the then current APY for City of Boston Credit Union’s 46-month certificate or 48-month certificate is above 2.10% or on the 58-month certificate if the then current APY for City of Boston Credit Union’s 58-month certificate or 60-month certificate is above 2.40%. In no event can the bump-up rate exceed the then current rate for the certificate. Upon maturity, 34- and 58-month Bump-Up Certificates will automatically rollover into the member’s City of Boston Credit Union share account. No IRA's available.

Rates subject to change without notice. All rates and terms are available for Savings and IRA Certificates.

Mortgages - No Points!

  • Call for rates on 2nd homes and "jumbo" mortgages**
  • Payments shown do not include taxes or insurance. Your payment may be greater
  • NMLS #403469

Rates as of December 1, 2019

Mortgage Rates
Products Term A.P.R.* Monthly cost per $1,000 Borrowed
5/25 Year ARM (Adjustable Rate) {2 step fixed rate} [cap:4%]*** 360 months 3.250% 60 months at $4.35 per $1,000 and 300 months at $4.41 per $1,000
7/23 Year ARM (Adjustable Rate) {2 step fixed rate} [cap:4%]*** 360 months 3.500% 84 months at $4.49 per $1,000 and 276 months at $4.55 per $1,000
10 Year Fixed Rate   3.250% $9.77 per $1,000 for 120 months
15 Year Fixed Rate   3.500% $7.15 per $1,000 for 180 months
20 Year Fixed Rate   3.625% $5.86 per $1,000 for 240 months
30 Year Fixed Rate   3.875% $4.70 per $1,000 for 360 months
First Time Home Buyer Program   3.625% $4.56 per $1,000 for 360 months

Mortgages exceeding 80% LTV will result in a higher annual percentage rate.

* A.P.R. = Annual Percentage Rate.

**For Mortgage rates on owner occupied second homes add 0.25%. The borrower is required to maintain property insurance coverage as a condition of the loan. "Jumbo" mortgages - for mortgage amounts exceeding conforming loan limits add 0.50%.

***ARM = Adjustable Rate Mortgage. ARMs and their APRs are adjustable and may change after closing.

All loans are subject to credit approval. A.P.R.s are subject to change without notice.

Equity Loans & Lines of Credit

  • NMLS #403469
  • Max. amount $250,000.00+

Rates as of December 1, 2019

Equity Loans & Lines of Credit Rates
Products Max. Loan Amount A.P.R.* Monthly cost per $1,000 Borrowed
5 Years Fixed Rate  $250,000 4.250% $18.53 per $1,000 for 60 months
10 Year Fixed Rate  $250,000 4.500% $10.36 per $1,000 for 120 months 
15 Year Fixed Rate  $250,000 5.250% $8.04 per $1,000 for 180 months
20 Year Fixed Rate  $250,000 5.990% $7.16 per $1,000 for 240 months 
Line of Credit Adjustable @ Prime (4.5% minimum APR)++  $250,000 4.750% A

* A.P.R. = Annual Percentage Rate.

+ Online Valuation fee of $25.00 required with a Fixed Equity Loan or Home Equity Line of Credit.

++ This reflects the rate based upon Prime of 4.75% on 10/31/19. Subject to minimum APR up to 4.5%. This rate will change without notice on a monthly basis at the end of each billing cycle. The maximum APR under this plan would be 18.00%. The borrower is required to maintain property insurance coverage as a condition of the loan. Please consult your tax advisor concerning the deductibility of interest paid.

A - This payment would be dependent upon the term of the loan.

All loans are subject to credit approval. A.P.R.s are subject to change without notice.

Rates as of December 1, 2019

Consumer/Other Loan Rates
Products Credit 
Score		 Max. Term
 		 Max.Loan
Amount		 A.P.R.* Monthly cost per $1,000 Borrowed
RV - New   120 months $50,000 7.25% 11.74
RV - Used    120 months $40,000 7.50% 11.87
Personal Loans++        760+ 96 months  $30,000 6.99% 13.63
  720-759 96 months $30,000 9.99% 15.17
  660-719 96 months $30,000 12.99% 16.80
  600-659 96 months $30,000 14.99% 17.94
  599 & Below 96 months $30,000 16.99% 19.12
Tuition /Private Education Loan                                                               760+ 96 months $25,000 7.50% 13.88
  720-759 96 months $25,000 8.00% 14.14
  660-719 96 months $25,000 8.50% 14.39
  600-659 96 months $25,000 9.00% 14.65
  599 & Below 96 months $25,000 10.99% 15.70
Secured Loans - Secured by Main Share Account       3.25% A
Home Improvement Loans+++                               760+ 180 months $50,000 5.99% 8.43
  720-759 180 months $50,000 6.99% 8.98
  660-719 180 months $35,000 8.99% 10.14
  600-659 180 months $15,000 10.99% 11.36
  599 & Below 180 months $5,000 12.99% 12.65
Energy Loans    12 months $5,000 8.99% 87.45
Vacation Loan    12 months $5,000 8.99%   87.45
Back to School Loan     12 months $5,000 8.99% 87.45
Holiday    12 months $5,000 8.99% 87.45
Uniform and Equipment Loan**   12 months $5,000 3.99%  85.15
Mass Save® HEAT Loan***   84 months $25,000 0.00% 11.91
VISA Credit Card Rates
Card Type Max. Term A.P.R.* Monthly cost per $1,000 Borrowed
Visa® Signature Credit Card++++
(max. loan amount $20,000)		 Open End 3.990%  varies
Visa® Platinum Credit Card++++
(max. loan amount $20,000)		 Open End   3.990% varies

* A.P.R. = Annual Percentage Rate.

+Other rates available based on term of financing and credit score. Annual Percentage Rate is based on member's current credit rating. Please contact a Loan Representative at 617-635-4545 for more information.

++ Annual Percentage Rate is based on member's current credit rating.  Rate will be reduced by 100 basis points per year if member makes twelve consecutive months of payments on time.  Floor rate is 5.99% APR. If any payment after the rate reduction is 60 days or more overdue, rate will revert back to the original loan rate.  If loan is re-written rate is based upon member's current credit score.

+++Annual Percentage Rate is based on member's current credit rating and automatic payment deduction. Other rates available based on term and credit score. Maximum LTV (Loan to Value) 115%. UCC filing.  Signature of all homeowners required.  Only one (1) Home Improvement Loan allowed per household.

++++3.99% Introductory Annual Percentage Rate for first twelve (12) billing cycles, thereafter A.P.R. is based on member's credit rating at account opening. For complete disclosure and agreements click here.

A - This payment would be dependent upon the term of the loan.

** Uniform and Equipment Loan is for the purpose of purchases related to member occupation required uniform and equipment needs.  Checks will be made payable to supplier or the member for reimbursement of a qualified purchase made within past 30 days.

*** Members must meet program eligibility requirements to participate. Eligibility for the HEAT Loan is based on findings from the Home Energy Assessment and require pre-approval. Some restrictions apply and offers are subject to change or cancellation. Owner occupied properties only. Additional terms and conditions apply.  Visit www.MassSave/HEATLoan or call 1-866-527-SAVE (7283) for details and to learn more about the program.

All loans are subject to credit approval. A.P.R.s are subject to change without notice.