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Our Main Office ATM Lobby at 147 West 4th Street in South Boston will be open during regular business hours only:  M-F 8:30-4:00, Sat 8:30-1:15.  We are sorry for any inconvenience.  Remember, our mobile app and online banking are available 24/7.  For questions, please call 617-269-2700.


Consumer Loans -  Personal, Student, Heat

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Easy Loan Process. Quick Closings. Friendly Service.

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Borrowing money doesn’t need to be scary or stressful. At mass Bay Credit Union, we don't make you jump through hoops. We offer a simple & transparent process with low rates and outstanding local service.
One of the benefits of borrowing from Mass Bay Credit Union is we are local. We are a Greater Boston Credit Union. We are real, local people - and we treat our Members as real people. rather than just a credit score or as an account number. Whether you’re planning a vacation, planning exciting renovations, need a new car, or just have a short term lending need,  we have you covered!

Affording life’s smaller financial necessities often can be more challenging than managing the bigger ones. At Mass Bay, we don’t believe our Members should pay unnecessarily high rates to handle things like tuition payments, vacations, holiday spending, debt management and other expenses that are part of everyday life. So while we think you will like our broad range of financing solutions, we know you will love our rates.


Don’t like the payment you have now? Re-write it at a better rate and enjoy our flexible terms. Our Re-Write Loan gives you a low fixed-interest rate that will never increase and time to make the payments more manageable with your budget.

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Because we’re your credit union, we believe you should not have to pay a high interest rate just to take a vacation or spend during the holidays. Try one of our special fixed rate vacation and holiday loans.

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Borrow for almost any reason with flexible terms. Your rate and dollar limit will be determined by your credit worthiness, but you can use the proceeds any way you like. It’s our most flexible financing solution and always offers a competitive interest rate.

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Pay for life's expenses. The Lifestyle Loan gives you the chance to purchase furniture, pay for a wedding, or even buy a bicycle at a great low rate.  Anything your life needs!

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Not sure just how much money you’re going to need? Our Open- End Loans give you the flexibility you’re looking for. Apply for a maximum amount, and then draw what you need when you need it. You will only owe payments on what you actually draw out, minimizing your interest expense.

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Secure your personal loan with funds in your Mass Bay savings account or Certificate, and you’ll reduce your interest rate dramatically. Use the proceeds for any purpose.

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Have you ever accidentally miscalculated your balance? It happens to everyone at some point or another. With our overdraft line of credit, your approved credit line will be there for you when you need it.

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Improve your home comfort while saving energy and lowering your bills with an interest free Heat Loan from Mass Save.

Members may qualify for a ZERO-PERCENT loan to use for the purchase of qualified energy-efficient improvements in their homes through our partnership with Mass Save®

Program highlights:

  • Loans available up to $25,000 with terms up to 7 years (depending on the loan type)*
  • Mass Save offers monetary incentives for installing a variety of qualified energy efficiency upgrades

*Monthly Payment is $11.90 per $1,000.00 borrowed. Subject to credit approval. MassSave qualification restrictions may apply.

Eligible energy efficiency improvements may include:

  • Weatherization Improvements
  • Attic, wall, and basement insulation
  • Central AC and air-source heat pumps
  • Ductless mini split-heat pumps
  • High-efficiency heating and hot water systems, including solar
  • Energy Star® Qualified replacement windows
  • Digital & WiFi thermostats

To learn more about Heat Loans visit here

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The Smart Option Student Loan® for Mass Bay Credit Union by Sallie Mae®*

For borrowers attending participating degree-granting institutions

Now you may pay for college the smart way with three great repayment options and competitive interest rates.

This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. 

The Smart Option Student Loan features and benefits:

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates, providing even more flexibility
  • No origination fee and no prepayment penalty
  • Benefits and an interest rate reduction available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthy cosigner may help you qualify
  • 100% US-based Student Loan Specialists

*Mass Bay Credit Union is compensated by Sallie Mae for the referral of Smart Option Student Loan Customers.

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