Central One Federal Credit Union

Central One Federal Credit Union is one of the highly esteemed credit unions in the United States of America. Central One Federal Credit Union offers a varied range of financial products and services to its members.
Central One Federal Credit Union was incorporated in the year 1952. It is based in Shrewsbury, Massachusetts. Previously, it only served the workers and their family members of the New England Electric System, as well as their affiliate organizations. In 1998, the credit union received a community based charter on an official basis by the National Credit Union Administration (NCUA).

The financial products and services of Central One Federal Credit Union can be categorized into the following types:


  • Certificates
  • Holiday & Vacation Club
  • Free Checking (Share Draft)
  • Money Market Account (Maxi-Account)
  • Individual Retirement Accounts (IRA)
  • Regular Share (Savings) Account

Consumer Loans

  • Auto Loans
  • Boat and Recreational Vehicle Loans
  • Motor vehicle Acquisition Plan
  • Personal Access Line
  • Education Financing
  • VISA� / Student VISA� Credit Cards
  • Personal Loan

Home Loans 1) Mortgage Programs

  • Adjustable Rate
  • Fixed Rate
  • Reduced Closing Cost
  • 1st Time Homebuyers

2) Land

  • Home Equity Line of Credit
  • Construction/Renovation
  • Home Equity Loan


  • Debt Cancellation Protection
  • FREE Life Savings

Additional Services

  • ACH
  • Account Statements
  • Audio Response (Tel-Talk)
  • Bank by Mail
  • Automatic Teller Machine (ATM) Cards
  • Check Ordering
  • Direct Deposit
  • Check Card (Visa)
  • IRS Direct
  • Money Orders
  • Medallion Program Signature Guarantee
  • Notary Public
  • Treasury Tax and Loan–Attention Business Owners
  • Overdraft
  • Payroll Deduction
  • Teller Checks
  • Safe Deposit Boxes
  • Travelers Checks/Gift Checks

Trust Accounts

  • Fiduciary
  • Trust Accounts
  • Totten
  • UTMA

Wire Transfers U.S. Savings Bonds Professional Affiliates

  • Investment Services
  • Insurance Services
  • Tax Services
  • Legal Services

At present, the President and Chief Executive Officer (CEO) of Central One Federal Credit Union is David A. L’Ecuyer.

Central One Federal Credit Union also offers a wide array of online financial services, and they include the following:

  • Applications
  • Rate & Fee Schedule
  • Calculators
  • Central Net (PC Home Banking/Bill Payer)
  • Useful Links
  • Check Orders

Contact Details: Central One Federal Credit Union
P.O. Box 280
Shrewsbury, MA 01545-0280
Tel: (508) 841-0875 or

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Last Updated on : 27th June 2013

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