Cabot Boston Credit Union
Locations in Boston:
1
What We Love...
Interest earning checking account.
Publicly traded company with an interest earning stock (itcker symbol CBT)
CBT merged with BrightBridge Credit Union in the Spring of 2025. After the merger completes it looks like account holders will have access to better rates. For example, Cabot's 12 month CD only offered 0.20% simple interest. Comparatively BrightBridge offered 3.69% for 12 months.
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What We Don't...
Super slow website.
Interest earning checking account compounds monthly (not daily).
CD earns simple (not compounded) interest
Savings accounts earn more because they compound monthly, while CDs only offer simply interest, or compound quartely on a 30 month term.
Per the Mass State Abandoned Property Laws Cabot Credit Union charges a $25 inactivity fee for accounts not active for more than 3 years.
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Rates
Below are the rates we think you should know:
CD | Savings | Checking |
|---|---|---|
0.20% | 0.20% | 0.05% |
Rates can change at any time. Please check with each institution for current details. Last Updated: November 30, 2025
Cash Bonus?
Abandonment Fee?
$25 dormant fee
Research Fee?
Summary
Cabot Boston Credit Union probably is a saving grace to the members it currently serves. For the modern depositor, it doesn't seem to have to tools for fast online banking.
History
Founded in 1941, Cabot Boston Credit Union serves Cabot employees in the United States. It's a fairly small institution with around 700 members. The main office is on the Seaport.
Cabot merged with BrightBridge Credit Union in the spring of 2025. Cabot's website was updated around March 26, 2025 with a link to the new website.