Mass Bay Credit Union is expanding
Mass Bay Credit Union has proud to announcee the approval to expand its field-of-membership to include all of Suffolk and Norfolk Counties, in addition to Abington, Everett, Hanover, Hingham, Lynn, Malden, Marshfield, Medford, Melrose, Norwell, Peabody, Rockland, Saugus, Scituate, Somerville, Stoneham, and Whitman. Anyone who lives or works in any of these municipalities is now eligible to open an account or take out a loan and join the credit union.
The new community expansion opens the door to Mass Bay membership to nearly 2 million residents, according to 2010 census figures, who can now take advantage of a cooperative banking, not-for-profit structure that offers better interest rates and lower fees, while maintaining the highest coverage of federal deposit insurance allowed by law. “We believe our community will be greater served with this expansion,” says Mass Bay Credit Union CEO John Thomas. “Our members enjoy the same state-of-the-art banking services offered by the area’s biggest financial institutions, but with more competitive pricing and more attentive personal service. And as we grow, so will the banking advantages for anyone who deposits or borrows with us.”
About Mass Bay Credit Union
Originally chartered in 1936, Mass Bay Credit Union is a full-service financial institution that provides the highest level of service and personal attention to all our members. Mass Bay Credit Union operates under the Credit Union ideal of “People Helping People” and is 100% committed to providing our members with the best banking value, products and services available, with the latest technology and unparalleled access. Continually striving to expand and refine our product and service offerings to best meet members’ needs, Mass Bay is also dedicated to offering these services at the most competitive rates and unsurpassed value.