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Last Updated: 04/18/2025

Mass Bay Credit Union Business Share Account

from Mass Bay Credit Union

Last Updated: 04/18/2025

Mass Bay Credit Union logo
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APY (Annual Percentage Yield)

0.03% - 0.10%(Verified 06/29/2024)

Minimum Opening Deposit

$25

Minimum Balance to Earn APY

$25

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Mass Bay Credit Union Business Share Account Review

Mass Bay Credit Union Business Share Account is offered by Mass Bay Credit Union, a credit union founded in 1936 and based in South Boston, MA. Mass Bay Credit Union Business Share Account are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Low interest rate. The maximum annual percentage yield for this account is only 0.10%.
  • No monthly maintenance fees. This account does not charge any monthly account fees.

Mass Bay Credit Union Business Share Account Pros & Cons

Mass Bay Credit Union Business Share Account FAQ

Are savings accounts from Mass Bay Credit Union federally insured?

Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Does Mass Bay Credit Union offer a signup bonus?

Mass Bay Credit Union Business Share Account doesn't offer a signup bonus.

What is the minimum initial deposit for Mass Bay Credit Union Business Share Account?

The minimum deposit to open a Mass Bay Credit Union Business Share Account is $25.00.

What APY does Mass Bay Credit Union Business Share Account offer?

Mass Bay Credit Union Business Share Account offers a variable APY starting at 0.03% and ranging up to 0.10% (APY stands for annual percentage yield, rates may change).

What fees does Mass Bay Credit Union Business Share Account charge?

Mass Bay Credit Union Business Share Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
  • Outgoing domestic bank transfers come with a $25.00 fee.
  • Incoming domestic bank transfers come with a $10.00 fee.
  • An overdraft on your account will trigger a $25.00 fee per item.
  • Mass Bay Credit Union Business Share Account charges $5.00 every time you request a paper statement.

Does Mass Bay Credit Union Business Share Account charge overdraft fees?

Yes, Mass Bay Credit Union Business Share Account charges a $25.00 overdraft fee.
Mass Bay Credit Union Business Share Account offers overdraft protection at a cost of $5.00 per transaction. This overdraft protection fee is charged every time the bank arranges a transfer from another one of your accounts, typically a savings account, to cover the overdraft.

What features and perks does Mass Bay Credit Union Business Share Account offer?

This savings account includes the following features:
  • Mobile Banking Services - Mass Bay Credit Union Business Share Account allows you to manage your money online or with a mobile app.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Mass Bay Credit Union Business Share Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Mass Bay Credit Union Business Share Account?

The customer support email for Mass Bay Credit Union Business Share Account is memberservices@massbaycu.org.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

147 W Fourth St
South Boston, MA 02127
(617) 269-2700
Visit Site

Hours of Operation

Sunday
Closed
Monday
8:30AM - 4:00PM
Tuesday
8:30AM - 4:00PM
Wednesday
8:30AM - 4:00PM
Thursday
8:30AM - 4:00PM
Friday
8:30AM - 4:00PM
Saturday
8:30AM - 1:15PM

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APY (Annual Percentage Yield)

0.05%
Disclaimer popup with additional information

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

$0
Visit Site

Mass Bay Credit Union logo

APY (Annual Percentage Yield)

0.03% - 0.10%
Disclaimer popup with additional information

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

$0

Mass Bay Credit Union logo

APY (Annual Percentage Yield)

0.03% - 0.10%
Disclaimer popup with additional information

Minimum Opening Deposit

$5

Minimum Balance to Earn APY

$5

Mass Bay Credit Union logo

APY (Annual Percentage Yield)

0.03% - 0.10%
Disclaimer popup with additional information

Minimum Opening Deposit

$5

Minimum Balance to Earn APY

$5

Mass Bay Credit Union logo

APY (Annual Percentage Yield)

0.05%
Disclaimer popup with additional information

Minimum Opening Deposit

$0

Minimum Balance to Earn APY

$0

SuperMoney Net Recommendation Score

This product has no reviews yet. Help others by sharing your thoughts.

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-1000+100
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Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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