Become a member and you could win $500!*
New members who join Central One by 6/30/26 will automatically be entered into a monthly drawing to win $500!
Local banking with the perks you've come to expect
Banking at Central One means enjoying the perfect mix of local and friendly service with top-rated banking tech that lets you bank how and when you want.
-
Bank 24/7 with our top-rated app. Check balances, transfer money, deposit checks, and more - right from the palm of your hand.
-
Access your cash from anywhere with over 5,000 branches through the Shared Branch Network and over 55,000 ATMs** through the SUM and AllPoint ATM networks.
-
Enjoy upgraded banking tech from mobile wallets, mobile deposit, online loan payments, and more.
-
Plus, experience these added Member Benefits.
Ready to join? We’re ready for you.
If you live, work, worship, or go to school in one of the towns we serve, you’re eligible to open an account! Take a look at some of our most popular products:
Premium Checking Account
This account offers great perks and no minimum balance requirements or monthly service charges. Get started with a $1,500 per month direct deposit. ¹
• Cash back: 10¢ cash back for every
point-of-sale transaction
• Get Paid Early: Receive your regular direct deposits up to 2 days early
• ATM Reimbursements: Get up to $12 per month for out-of-network ATM fees2
Visa Signature Credit Card
Get rewarded with our low-rate credit card and enjoy unlimited 1.5% cash back3 on all purchases. No annual fees, balance transfer fees or international transaction fees.
Boost Certificate
You don’t need a big balance to begin building your future. With a low $100 minimum to open, the Boost Certificate is designed to make saving more accessible, whether you’re starting fresh or setting aside a little extra for something special. It’s a simple way to take the first step toward bigger goals.
New Member Sweepstakes Winners
-
August Winner
Pauline S. -
September Winner
Heather M. -
October Winner
Luis P. -
November Winner
Cesar E. -
December Winner
Michael W.
-
*The Central One New Member Monthly Promotion (the “Promotion”) is sponsored and administered by Central One Federal Credit Union (the “Credit Union”). The Promotion gives all new members who open a new account and membership between August 1st, 2025 and June 30, 2026 the chance to win one $500 award during the month of their new membership during the months of August 2025, September 2025, October 2025, November 2025, December 2025, January 2026, February 2026, March 2026, April 2026, May 2026, and June 2026. A random drawing will be held at the conclusion of each month. Eleven (11) monthly awards of $500 will be held for a total of $5,500. No purchase is necessary and purchases will not increase the odds of winning a prize. Promotion Dates: The Promotion runs from Friday, August 1, 2025 at 12:00 A.M. EST, through Tuesday, June 30, 2026 at 11:59 P.M. EST (midnight) (the “promotion period”). A random selection of winners (the “drawing”) will be held on September 3, 2025, October 1, 2025, November 3, 2025, December 1, 2025, January 2, 2026, February 2, 2026, March 2, 2026, April 1, 2026, May 1, 2026, June 1, 2026, and July 1, 2026 (the “drawing dates”), at Central One Federal Credit Union, Shrewsbury (Main) Branch, 714 Main Street, Shrewsbury, MA 01545, Contest void where prohibited or restricted by law. Federal, state, and local taxes are the sole responsibility of the prize winners. For full details, see Official Rules.
** Free ATM network includes Central One, SUM and AllPoint terminals. Out of network terminal owners may charge a service fee.
1 Premium Checking Terms Apply. Please see Member Service Agreement and Our Rates and Service Charge Disclosure
2 Free ATM network includes Central One, SUM and Allpoint terminals. Out of network terminal owners may charge a service fee.
3 Cash back rewards are deposited directly into your Central One account. Visa Signature® disclosure
**Cash back rewards are deposited directly into your Central One account.
Test Modal
Modal Content
Ea rerum vel molestiae omnis molestias. Et ut officiis aliquam earum et cum deleniti. Rerum temporibus ex cumque doloribus voluptatem alias.
Open Account
Ice Cream Day Dates
Check back for 2026 dates and times
Food Truck Dates
Check back for the 2026 dates and times
Adjustable Rate Mortgages
-
The 15/5 Adjustable Rate Mortgage offers a fixed APR of for the first 15 years then adjusts to a new rate every 5 years.
Term: Available for terms up to 40 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies, or we will not be able to process your application. Payments do not include taxes and insurance.
-
The 15/5 Adjustable Rate Mortgage offers a fixed APR of for the first 15 years then adjusts to a new rate every 5 years.
Term: Available for terms up to 40 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application. Payments do not include taxes and insurance.
-
The 10/5 Adjustable Rate Mortgage offers a fixed APR of for the first 10 years then adjusts to a new rate every 5 years.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application. Payments do not include taxes and insurance.
-
The 10/5 Adjustable Rate Mortgage offers a fixed APR of for the first 10 years then adjusts to a new rate every 5 years.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30-year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies, or we will not be able to process your application.
-
The 5/1 Adjustable Rate Mortgage offers a fixed APR of for the first 5 years then adjusts to a new rate every 1 year.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30-year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.
-
The 5/1 Adjustable Rate Mortgage offers a fixed APR of for the first 5 years then adjusts to a new rate every 1 year.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies, or we will not be able to process your application.
-
The 3/3 Adjustable Rate Mortgage offers a fixed APR of for the first 3 years then adjusts to a new rate every 3 years.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.
-
The 3/3 Adjustable Rate Mortgage offers a fixed APR of for the first 3 years then adjusts to a new rate every 3 years.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.
-
The 1/1 Adjustable Rate Mortgage offers a fixed APR of for the first 1 year then adjusts to a new rate every 1 year.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30-year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.
-
The 1/1 Adjustable Rate Mortgage offers a fixed APR of for the first 1 year then adjusts to a new rate every 1 year.
Term: Available for terms up to 30 years.
Rate caps: 2% per adjustment and 5% over the initial rate for the life of the loan.
Benefits: Central One’s ARMs often have lower down payment requirements, lower initial monthly payments and lower initial APRs than a 30 year fixed rate.
Calculate your monthly payment using the ARM Mortgage Calculator
Prior to applying, please make sure your credit is not frozen by the credit reporting agencies or we will not be able to process your application.
Order Checks for your Home Equity Line of Credit (HELOC)
You can order checks through this link Order Checks or by calling 800-355-8123. You will need to input your account number and the Central One routing number (211387169). As a security precaution, you will not be able to change the address on the checks and all orders will be sent to the address of record on the account.
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. We do not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.