Become a member and you could win $500!*
New members who join Central One from 8/1/25 to 12/31/25 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.
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Bank 24/7 with our top-rated app. Check balances, transfer money, deposit checks, and more - right from the palm of your hand.
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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.
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Enjoy upgraded banking tech from mobile wallets, mobile deposit, online loan payments, and more.
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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
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
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August Winner
Pauline S. -
September Winner
Heather M. -
October Winner
Luis P.
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*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 December 31,2025 the chance to win one $500 award during the month of their new membership during the months of August, September, October, November and December. 2025. A random drawing will be held at the conclusion of each month. Five(5) monthly awards of $500 will be held for a total of $2,500. 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 Wednesday, December 31, 2025 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 and January 2, 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.
^Bonus Cash Offer. Promotion is available for personal accounts only and valid through 8/31/2025. You will qualify for $200 cash bonus if you use your new credit card account to make any combination of purchase transactions totaling at least $1,000 (excluding any fees) that post to your account within 90 days of the account open date. Returns, credits, and adjustments to this card will be deducted from purchases. Cash Advances and Balance Transfers are not considered purchases and do not apply for purposes of this offer. Limit 1 cash bonus offer per new account. This one-time promotion is limited to new credit card accounts only and will not apply to existing Central One credit cardholders. Your account must be open with active charging privileges in order to receive this offer. After 90 days, if you qualify, you will receive your cash bonus within your next 1-2 billing cycles in your credit card account. $5.00 OVS required. Federally insured by NCUA.
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Adjustable Rate Mortgages
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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