Charter 8218 · Shrewsbury, MA
Central One Federal Credit Union
Central One Federal Credit Union is a federally chartered credit union in Shrewsbury, Massachusetts, with $872 million in assets and 39,412 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.72%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $872 million
- +4.2% in a year
- Members
- 39,412
- +0.3% in a year
- Net worth ratio
- 9.72%
- Peer median 10.79%
- Loans 60+ days late
- 0.68%
- Peer median 0.67%
- Loans outstanding
- $699 million
- +6.1% in a year
- Shares and deposits
- $723 million
- +2.9% in a year
- Branches
- 9
- 135 employees
- Opened
- 1952
- Federal charter
How Central One Federal Credit Union compares
NCUA groups credit unions by size; Central One Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.72% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.68%, is about the same as the group median of 0.67%. Loans grew 6.1% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 14 of 121 credit unions headquartered in Massachusetts. See all Massachusetts credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $872 million | 39,412 | $699 million | 9.72% | 0.68% |
| Q1 2026 | $883 million | 39,109 | $701 million | 9.45% | 0.38% |
| Q4 2025 | $858 million | 38,833 | $682 million | 9.58% | 0.70% |
| Q3 2025 | $836 million | 39,525 | $670 million | 9.77% | 0.79% |
| Q2 2025 | $837 million | 39,299 | $659 million | 9.56% | 0.58% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 1.9 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 9 sites for Central One Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Central One Federal Credit Union (main office)
714 Main St, Shrewsbury, MA 01545 - Northborough-148 Main St.
148 Main St, Northborough, MA 01532 - Auburn
63 Southbridge St, Auburn, MA 01501 - Westborough
40 South St, Westborough, MA 01581 - Southgate
30 Julio Dr, Shrewsbury, MA 01545 - Shrewbury High School
64 Holden St, Shrewsbury, MA 01545 - Westborough High School
90 W Main St, Westborough, MA 01581 - St. Vincent Hosptial
123 Summer St Ste 510, Worcester, MA 01608 - Milford
82 Prospect St, Milford, MA 01757
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology