Central Credit Union

Please download the latest version of Adobe Flash Player here.

  • Personal Banking
  • Business Banking
  • Loans and Mortgages
  • Investment and Insurance
  • e-Central Service Center
  • About Us

About Us

 Central One in the Community

Wear Red Day

Central One Federal Credit Union employees joined the National Wear Red Day on Friday, February 6th to show their support for women’s heart disease awareness. National Wear Red Day is a national awareness campaign for women about heart disease sponsored by the American Heart Association. The organization created and introduced the Red Dress as the national symbol for women and heart disease awareness in 2002. This observance promotes the Red Dress symbol and provides an opportunity for everyone to unite in this life-saving awareness movement by showing off a favorite red dress, shirt, tie, or Red Dress Pin. Central One Federal Credit Union employees donated $15 a piece toward the cause and participated in a dress down day for the four Fridays of February at the credit union.


Central One Federal Credit Union Brings Financial Education to Schools

Northborough Branch Manager, Kate Shaw, presented the Money Trail at the Peaslee Elementary School on December 8th. Central One is invited annually to talk to the 4th graders about money, and where their money goes when they deposit it at the credit union. The students and teachers look forward to this event. It is a fun time for all! Kate also presented the Money Trail program at the Zeh Elementary School on January 8th.

Central One Federal Credit Union Provides Lunch For Veterans

Westborough Senior Center hosted a luncheon for veterans and their guests on November 10th.  Veterans from all branches of military attended.  Veterans were recognized by branch and the war or conflict in which they served.  To read more, follow this link: http://ow.ly/Eaz8h

Central One Federal Credit Union Gives Back to Seniors

Saturday November 15th, Central One in Northborough will be putting up the Christmas Tree. The week of Novermber 20th, Home Instead will be bringing gift tags to decorate the tree. The tags have gift “wishes” from the senior population of Northborough. Anyone interested can pick up a tag after November 20th and start shopping for our seniors in town. Gifts must be returned to the Northborough Central One Branch by December 6th. More details will follow.

Central One Federal Credit Union Participates in Trivia Bee

Employees of Central One Federal Credit Union volunteered to participate in Westborough Education Foundation's 7th annual Trivia Bee.  This is a community event, with many comming to watch the Trivia Bee. The event is not only for entertainment, but to raise money for the Westborugh Education Foundation.

Central One Federal Credit Union Participating in Harvest Dinner

Northborough Lions Club is hosting its annual Harvest Dinner, in which seniors from the town of Northborough are invited to a free Thanksgiving style meal, free courtesy of the Lions.  Northborough Branch Manager, Kate Shaw, will be voluntering to assist cleaning up the event.

Central One Federal Credit Union Represents Auburn Chamber

Community is very important to Central One Federal Credit Union. Auburn Branch Manager Owen Russell is Chairman for the Auburn Chamber School/Business Partnership Committee. As Chairman for the Auburn Chamber School/Business Partnership Committee, Owen visited all Auburn schools the week of October 27th to present faculty with Mini-Grant awards of up to $250. 

The Mini-Grant program is designed to support the development of innovative teaching ideas and increase student motivation and enthusiasm by providing funds for instructional experimentation and enrichment activities.  The entire faculty is able to apply for a Mini-Grant and winners are chosen based on the following five criteria; Innovative and Creative Teaching Ideas, Benefits to Students, Enrichment, Number of Students Reached Per Year and Shelf Life of Project.

Central One Federal Credit Union Dresses Down for a Cause

As many know, October is Breast Cancer Awareness Month.  In honor of Breast Cancer Awareness, Central One Federal Credit Union performed a dress down fundraiser, in which the employees raised approximately $300 for the National Breast Cancer Foundation.

Central One Federal Credit Union Helps Can Drive

Central One Federal Credit Union in Shrewsbury donated two bags of cans to the annual Boy Scout Bottle & Can Drive.  The bottles and cans were collected and recyled for the Troop 114 fundraiser. 

Central One Federal Credit Union Assists Blood Drive

Northborough Assistant Branch Manager, Sue Darling, volunteered with the Northborough Rotary in their blood drive on October 4th.  They had a great turnout.

Central One Federal Credit Union Feels The Spirit

Central One Federal Credit Union attended the Spirit of Shrewsbury Septmber 27-28. Those that attended were able to enter for a chance to have fun in the Central One Federal Credit Union Cash Wind Machine! Those chosen to enter, one winner every hour from 11 a.m. to 2 p.m., entered the machine, and had a chance to win up to $250! The community also loved the Central One Federal Credit Union footballs that were passed out to children, and even adults, throughout the parade the next day. It was a great success!

Central One Federal Credit Union Goes to Applefest

Central One Federal Credit Union attended the Applefest Parade September 20.  It was unseasonalbly hot that day, but the community had a great showing.  Everyone Loved their Oakie tattoos that they received!

CEO David A. L’Ecuyer Honored with a 2013 Credit Union Heroes Award by Banker and Tradesman Publication

Central One Federal Credit Union which offers the highest quality products and services possible to both the Savers and the Borrowers, announced that its president and CEO David A. L’Ecuyer was recognized by Banker and Tradesman with a 2013 Credit Union Heroes Award for outstanding contributions to the credit union industry. Mr. L’Ecuyer received the award at a banquet held at the Omni Parker House, Boston, MA.

The Credit Union Heroes Award honors individuals who have made a widely recognized and significant contribution in advancing the credit union industry and their local communities. Mr. L’Ecuyer is receiving the award for his decades of contributions in the community credit union industry which includes working with more than 100 charitable and service organizations, from the Red Cross of Central Massachusetts, Veteran’s Inc., You Inc., Rotary Clubs, and the Councils of Aging, as well as state, local and national credit union leagues.

Mr. L’Ecuyer has held key positions at Central One Federal Credit Union over the years. He started at the credit union as a loan officer in 1990, he ascended to CEO in 1995, and has overseen the institution's growth from a closed shop open only to electrical and power plant workers to a community credit union with several branches and hundreds of millions in assets under management.

His philosophy for success is based around customer service. “We didn’t really have a growth goal when I started as president – it was really about making sure we had all the products and services to meet our members’ needs and were profitable, so that we could offer a certain amount of security to our members,” he said. “We make customer satisfaction the number one priority. I think a lot of people profess that, but what we do is we actually measure it.”

The customer service is measured via monthly credit union surveys that are sent out to random credit union members.  The results go directly to Central One Federal Credit Union board of directions.  As a result; “The answers to those questionnaires go directly to my bosses. I challenge you to find any bank in the country that would ask their customers what they thought of their bank and have the responses go directly to their board of directors. It’s certainly rare,” he said. Making sure Central One’s staff make customer satisfaction a top priority is something “we’ve been doing consistently for over 20 years, and I think it’s been a key driver of our success.”

Central One Federal Credit Union Opens Westborough High School Branch


Central One Federal Credit Union announced the Grand Opening of its Westborough High School branch on Monday September 16, 2013.   


“Central One Federal Credit Union is proud to bring our 62 year tradition of being a community-focused credit union to the students, faculty and staff of Westborough High School.” said Dave L’Ecuyer, CEO of Central One.  “We are excited about the partnership and anticipate the branch will help the school’s financial literacy program to prosper.”


Central One’s WHS branch will have student Tellers who receive educational credits while gaining work experience.  Students who become members of the credit union will gain experience to properly manage and safeguard their money without leaving the school campus.  The branch will be open each day the school is open between 11:30 a.m. and 1 p.m. The branch is not open to the public. 


Kind Words From our Friend, Steve Levine of Remax Prestige

Excerpt from Shrewsbury Latern Article. "They may not be the biggest bank in Central Mass, but they sure have had the biggest impact I’ve ever seen on the local Shrewsbury community. Proving once again that they are here to define themselves as great corporate citizens, President Dave L’Ecuyer announced they they were taking a lead role in helping Shrewsbury students once again, by donating $20,000 to help sponsor the Shrewsbury High School athletic program for the coming fiscal year. This is in response to the announcement a few weeks ago that the School Committee has finally voted to allow advertising on school property, and will be offering ad packages to corporate partners who are willing to help fund our programming needs. This is something long overdue that many people, myself included, have been trying to get on the board since the Tony Bent days, and it should be a great asset at a time when we need it most."

Link to Full Article

William G. Whitten Scholarship Award

Cara D'Anello was this years recipient of the William G. Whitten Scholarship Award, $1,000 Scholarship; which was presented by David L'Ecuyer, President, and Joan Day, Shrewsbury Branch Manager.  Cara applied for the scholarship by participating in the Massachusetts Credit Union League College Scholarship Program.  On behalf of Central One Federal Credit Union, we would like to extend our congratulations and our best wishes for a successful academic career to Cara.




 Northborough Branch Manager Donates Tree to Proctor Northborough School 

Northborough Branch Manager Kate Shaw recently assisted in a tree planting that was donated by Central One Federal Credit Union.  The tree planted is immune to the Asian Beetle and should grow to be fifty to seventy feet in five years time. This is the second tree donated to Proctor School due to many trees being broken during the Halloween Snow Storm of 2011. 




Westborough Branch Manager Recognized by Girl Scouts 

Westborough Branch Manager David Kaiser recently received a Certificate of Community Support from the Girl Scouts of Central and Western MA. The award was in recognition of Central One’s allocation of the branch’s Community Room for meetings and for providing a location for cookie sales. In addition, Central One sponsored a recent Styrofoam recycling project that was orchestrated by Westborough Girl Scouts Kaleigh Wright and Bhargavi Ram. David also gives tours of the branch to local Scout troops.



Congratulations Auburn Middle School student, Kayla Causey







2015 COFCU Holiday Party Gift Sponsors

We'd like to thank the following supporters for their contributions:

Fallon & Associates, Attorney Gary Sanginario, W.B. Mason, Attorney Dionisis/O'Rourke,

NESN, Attorney David Lima, St. Pierre & St. Pierre, Pandora, Attorney Mike Robbins,

Attorney John Moriarty,Oak Tree Insurance, W.F Financial, Scott Boyages Promotions,

Uno Pizzeria & Grill, Chick fil A, Apple Spice, Attorney Joseph R Jenkins, FedEx,

Tavolino Restaurant, Attorney Vincent Vilkas, O'Connell & O'Connell,

Scott Boyages Promotions, PIckle-Haus Deli.

CentralNet Login

CentralNet Enrollment

For first-time login to CentralNet, use the password you selected when you opened your account.

If you do not have a password or have forgotten it, call 508-842-7400 or 800-527-1017.


Live Chat by LivePerson

Secure Chat is available
Monday through Friday
8:00 a.m. to 4:30 p.m.

Copyright © 2015 Central One Federal Credit Union. All Rights Reserved.