Rates as of May 1, 2022
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 |
0.20% |
0.20% |
Money Market Tier I 2 |
$1,000.00 |
0.15% |
0.15% |
Money Market Tier II 2 |
$20,000.00 |
0.30% |
0.30% |
Money Market Tier III 2 |
$50,000.00 |
0.30% |
0.30% |
Certificate Rates*
Account Name |
Min. Balance to Earn Dividends** |
Dividend Rate |
APY 1 |
3 Months |
$500.00 |
.15% |
.15% |
6 Months |
$500.00 |
.35% |
.35% |
8 Months |
$500.00 |
.40% |
.40% |
12 Months 3 |
$500.00 |
.50% |
.50% |
18 Months 3 |
$500.00 |
.55% |
.55% |
24 Months 3 |
$500.00 |
.65% |
.65% |
30 Months 3 |
$500.00 |
.70% |
.70% |
36 Months 3 |
$500.00 |
.85% |
.85% |
48 Months 3 |
$500.00 |
.90% |
.90% |
60 Months 3 |
$500.00 |
.94% |
.94% |
Jumbo |
Jumbo/3 Months |
$50,000.00 |
.25% |
.25% |
Jumbo/6 Months |
$50,000.00 |
.45% |
.45% |
Jumbo/8 Months |
$50,000.00 |
.50% |
.50% |
Jumbo/12 Months 3 |
$50,000.00 |
.60% |
.60% |
Jumbo/18 Months 3 |
$50,000.00 |
.65% |
.65% |
Jumbo/24 Months 3 |
$50,000.00 |
.75% |
.75% |
Jumbo/30 Months 3 |
$50,000.00 |
.80% |
.80% |
Jumbo/36 Months 3 |
$50,000.00 |
.94% |
.94% |
Jumbo/48 Months 3 |
$50,000.00 |
.99% |
.99% |
Jumbo/60 Months 3 |
$50,000.00 |
1.04% |
1.05% |
Rates subject to change without notice. All rates and terms are available for Savings and IRA Certificates.
New** and Used (Maximum borrowed $100,000)
Model Years 2020-2022 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
Up to 48 Months |
As low as 2.25% up to 5.34% |
$21.80/$23.18 |
|
49 – 72 Months |
As low as 2.25% up to 5.59% |
$14.86/$16.38 |
|
73 – 84 Months |
As low as 2.85% up to 5.84% |
$13.15/$14.53 |
Used (Maximum borrowed $100,000)
Model Years 2017-2019 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
Up to 36 Months |
As low as 2.64% up to 5.84% |
$28.92/$30.35 |
|
37 – 60 Months |
As low as 2.84% up to 6.09% |
$17.90/$19.37 |
|
61-72 Months |
As low as 3.09% up to 6.34% |
$15.23/$16.73 |
Used (Maximum borrowed $75,000)
Model Year 2016 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
Up to 36 Months |
As low as 2.84% up to 6.04% |
$29.01/$30.44 |
|
37 – 48 Months |
As low as 3.04% up to 6.29% |
$22.15/$23.62 |
Used (Maximum borrowed $50,000)
Model Year 2015 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
Up to 36 Months |
As low as 3.44% up to 6.64% |
$29.28/$30.71 |
|
37 – 48 Months |
As low as 3.64% up to 6.89% |
$22.42/$23.90 |
Used (Maximum borrowed $50,000)
Model Year 2014 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
Up to 36 Months |
As low as 3.99% up to 7.19% |
$29.52/$30.96 |
|
37 – 48 Months |
As low as 4.19% up to 7.34% |
$22.66/$24.10 |
New 1/8th Off Rate¹ Promotion applies to purchase transactions only.
Mortgage Rates* - No Points!
-
Payments shown do not include taxes or insurance. Your payment may be greater
-
NMLS #403469
Rates as of May 11, 2022
10 Year Fixed Rate
A.P.R.** |
4.875% - 0.125% = 4.750%¹ |
Monthly cost per
$1,000 Borrowed
|
$10.48 per $1,000 for 120 months |
15 Year Fixed Rate
A.P.R.** |
5.000% - 0.125% = 4.875%¹ |
Monthly cost per
$1,000 Borrowed |
$7.84 per $1,000 for 180 months |
20 Year Fixed Rate
A.P.R.** |
5.250% - 0.125% = 5.125%¹ |
Monthly cost per
$1,000 Borrowed |
$6.67 per $1,000 for 240 months |
30 Year Fixed Rate
A.P.R.** |
5.500% - 0.125% = 5.375%¹ |
Monthly cost per
$1,000 Borrowed |
$5.60 per $1,000 for 360 months |
First Time Home Buyer Program
Term |
360 Months |
A.P.R.** |
5.375% - 0.125% = 5.250%¹ |
Monthly cost per
$1,000 Borrowed |
$5.44 per $1,000 for 360 months |
5/25 Year ARM (Adjustable Rate) {2 step fixed rate} [cap:4%]***
Term |
360 Months |
A.P.R.** |
4.500% - 0.125% = 4.375%¹ |
Monthly cost per
$1,000 Borrowed |
60 months at $4.99 per $1,000
and 300 months at $5.07 per $1,000 |
7/23 Year ARM (Adjustable Rate) {2 step fixed rate} [cap:4%]***
Term |
360 Months |
A.P.R.** |
4.750% - 0.125% = 4.625%¹ |
Monthly cost per
$1,000 Borrowed |
84 months at $5.14 per $1,000
and 276 months at $5.22 per $1,000 |
* These rates reflect the best rates available for the indicated terms and are subject to change at any time. Rates are determined by creditworthiness, loan to value (LTV) ratio, purpose of loan, occupancy status, and property type, so your rate may be higher.
** A.P.R. = Annual Percentage Rate
¹ Annual Percentage Rate (“APR”) and Interest Rate (“Rate”) are effective June 1, 2021 and are subject to change without notice. New Mortgages to City of Boston Credit Union only. This discount promotion applies to purchase transactions only. The APR and Rate are calculated using a loan amount of $548,250 for a term of 30 years or 360 months and a down payment of 20%. Payments are $4.21 per $1,000 borrowed. Payment does not include taxes and insurance; your payment may be greater. Complete application required, with approval subject to meeting underwriting qualifications. Available on owner occupied, 1-4 unit, purchase transactions with a maximum loan amount of $1,500,000. Fees and closing costs may apply. This rate and APR are not available for programs offering discounted rates or closing costs. Must be eligible for City of Boston Credit Union membership to apply. Subject to Credit and Underwriting approval.
All loans are subject to credit approval. A.P.Rs are subject to change at anytime without prior notice.
Equity Loans & Lines of Credit
-
NMLS #403469
-
Max. amount $250,000.00^
Rates as of May 11, 2022
5 Years Fixed Rate
Max. Loan Amount |
$250,000 |
A.P.R.* |
4.875% |
Monthly cost per
$1,000 Borrowed |
$18.81 per $1,000 for 60 months |
10 Year Fixed Rate
Max. Loan Amount |
$250,000 |
A.P.R.* |
5.250% |
Monthly cost per
$1,000 Borrowed |
$10.73 per $1,000 for 120 months |
15 Year Fixed Rate
Max. Loan Amount |
$250,000 |
A.P.R.* |
5.500% |
Monthly cost per
$1,000 Borrowed |
$8.17 per $1,000 for 180 months |
20 Year Fixed Rate
Max. Loan Amount |
$250,000 |
A.P.R.* |
6.000% |
Monthly cost per
$1,000 Borrowed |
$7.16 per $1,000 for 240 months |
Line of Credit Adjustable @ Prime^^
Max. Loan Amount |
$250,000 |
A.P.R.* |
4.000% |
Monthly cost per
$1,000 Borrowed |
This payment would be dependent upon the term of the loan. |
All loans are subject to credit approval. A.P.Rs are subject to change at anytime without prior notice.
Rates as of May 1, 2022
Consumer/Other Loan Rates
Products |
Credit
Score |
Max. Term
|
Max.Loan
Amount |
A.P.R.* |
Monthly cost per $1,000 Borrowed |
RV Loans (Trailers, Campers & Boats)# |
|
|
|
|
|
RV - New or Used |
760+ |
60 months |
$100,000 |
5.25% |
18.99 |
|
760+ |
120 months |
$100,000 |
5.75% |
10.98 |
Personal Loans |
760+ |
72 months |
$30,000 |
6.99% |
17.04 |
|
720-759 |
72 months |
$30,000 |
9.99% |
18.52 |
|
660-719 |
72 months |
$30,000 |
12.99% |
20.07 |
|
600-659 |
72 months |
$30,000 |
14.99% |
21.14 |
|
599 & Below |
72 months |
$30,000 |
16.99% |
22.24 |
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 |
|
18 months |
$5,000 |
8.99% |
59.59 |
Vacation Loan |
|
18 months |
$5,000 |
8.99% |
59.59 |
Back to School Loan |
|
18 months |
$5,000 |
8.99% |
59.59 |
Holiday |
|
12 months |
$5,000 |
8.99% |
87.45 |
Uniform and Equipment Loan** |
|
18 months |
$5,000 |
3.99% |
57.33 |
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 |
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.