Cabot Boston Credit Union

About Cabot Boston Credit Union

Cabot Boston Credit Union Location

Two Seaport Lane
Boston, MA 02210

Phone: (617) 342-6154
Website: www.cbcu.com
Routing/Transit Number: Not Available

Cabot Boston Credit Union Information

Cabot Boston Credit Union of Boston, MA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 1009 members and assets of $7,475,142, as compared to the national average of $93 million dollars of assets per credit union. Cabot Boston Credit Union, first opened in 1941 and has been in operation since then. Additionally, Cabot Boston Credit Union has 2 full time employees and 0 part time employees, or 504.5 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Cabot Boston Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Cabot Boston Credit Union is a not-for-profit, cooperative, tax-exempt organization.