Central One Federal Credit Union

490586

714 Main Street, Shrewsbury, MA, 01545  

Central One is a not-for-profit federal credit union. It was established in 1952 as an occupational-based credit union, serving the employees and family members of the New England Electric System (NEES) and their affiliate companies. Central One Federal Credit Union was officially granted a community-based charter on November 19, 1998.


Central One is a not-for-profit federal credit union. It was established in 1952 as an occupational-based credit union, serving the employees and family members of the New England Electric System (NEES) and their affiliate companies. Central One Federal Credit Union was officially granted a community-based charter on November 19, 1998 by the National Credit Union Administration (NCUA). This conversion was formally adopted by the Board of Directors on November 21, 1998 and effective November 23, 1998.

The conversion to a community based credit union, allows Central One to serve many communities in Central Massachusetts. Membership in Central One is eligible to "persons who live, work, worship, go to school in, and business and legal entities in"​ our Field of Membership.


LENDING PROFILE

Central One Federal Credit Union arranges the following loan types:
  • RESIDENTIAL: Hard Money , Construction loans , HELOC , Portfolio
  • COMMERCIAL: Hard Money , Construction , Portfolio
  • LAND: Hard Money
Lending territories: MA

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