Tremont Credit Union
Locations in Boston:
2
What We Love...
Get free checking simply by enrolling in e-statements.
Free coin machine use for members
Offer a Christmas account
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What We Don't...
Must have a regular savings account (membership share) to open any other account (including CDs and checking accounts).
Too many requirements for basic account rewards.
Checking account has deposit minimums.
Tremont has pretty hefty fees such as a $5.00 returned mail fee and a $100 abandonment fee.
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Rates
Below are the rates we think you should know:
CD | Savings | Checking |
|---|---|---|
3.50% | 0.05% - 1.00% | 0% - 2.00% |
Rates can change at any time. Please check with each institution for current details. Last Updated: November 30, 2025
Cash Bonus?
Unknown
Abandonment Fee?
$100 abandonment fee
Research Fee?
$50/hour
Summary
Tremont self identifies as "one of the best credit unions in Massachusetts." It has a whopping 5,500 branches in the state - including one in Roslindale and one in Dorchester.
History
Originally named, "Boston Teacher's Credit Union," the Tremont Credit Union was formed in 1952. Since it's founding Tremont has also extended its membership beyond teachers.