Energy Credit Union, located at 156 Spring St in Boston, Massachusetts, is a member-owned financial cooperative that provides a range of basic banking services within a community-focused model. Established to serve the financial needs of its members, the organization operates on the cooperative principle of democratic member control, with decisions guided by the interests and welfare of its members rather than external shareholders. Its history is tied to the broader evolution of credit unions in the United States, emphasizing accessible financial services through locally rooted governance and financial cooperation.
The credit union’s primary functions include accepting deposits, offering savings and checking products, and providing loans to members. Its operational scope centers on fostering financial inclusion and thrift among residents in its service area, with services typically designed to be affordable and accessible to individual savers and borrowers. As a nonprofit cooperative, Energy Credit Union concentrates on member benefit, prudent credit, regulatory compliance, and the sustainable stewardship of funds entrusted by the membership.
Better than 35% of providers in Boston
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Energy Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Energy Credit Union is listed as a financial service provider in Boston, MA and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Energy Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Energy Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Energy Credit Union with other providers in Boston and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Energy Credit Union has a rating of 4.0, which is better than 35% of providers in Boston.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Energy Credit Union requests. It is always best to call ahead using the phone number on this page so Energy Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Energy Credit Union also offers: Credit union.