Northeastern University Federal Credit Union

Rated star_ratedstar_ratedstar_normalstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 2 out of 5

360 Huntington Ave Rm 129, Boston, MA 02115-5005

Website

(617) 373-2900

Data Source: NCUA, December 31, 2016


Northeastern University Federal Credit Union was founded in 1969. Headquartered in Boston, Massachusetts, Northeastern University Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Northeastern University Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Northeastern University Federal Credit Union services 2,570 members through its 5 full-time and 4 part-time employees. It has $26,230,838 of total assets and $2,193,884 of net worth. Based on its asset size and net worth ratio, Northeastern University Federal Credit Union is classified as a Well Capitalized medium small credit union.

Northeastern University Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Northeastern University Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Northeastern University Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Massachusetts and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Massachusetts
Median of USA
Checking
0.0000
0.0000
0.0000
Savings
0.1000
0.1000
0.1200
Money Market
0.0000
0.2500
0.2500
Certificate Deplit
0.5000
0.6800
0.5800
IRA
1.0000
0.6000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Massachusetts
National Median Rates
Credit Cards
n/a
10.4900
9.9900
Unsecured Line of Credits
9.8700
10.9900
10.9500
Short-term Small Amount
n/a
20.0000
25.0000
Student Loans
n/a
6.2500
6.0200
New Car Loans
3.6900
2.7500
3.3300
Used Car Loans
5.6500
3.8250
4.5000
1st Mortgage Real Estates
3.9600
4.0000
4.2500
Other Real Estates
3.5000
3.9900
4.7000

Northeastern University Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, and ATMs. The table below lists the electronic banking services prlided by Northeastern University Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
No
Yes
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
Yes
Account Balance Inquiry
Yes
No
No
View Account History
Yes
Yes

As a community financial institution, Northeastern University Federal Credit Union actively involves in local communities by prliding services such as financial education.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Fiserv
5600 Crooks Rd #101
Troy, MI 48098-2803
Phone:248-828-1300

Northeastern University Federal Credit Union
Main Office

360 Huntington Ave Rm 129
Boston, MA 02115-5005
Phone:617-373-2900

(617) 373-2584

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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