NTCU                                                                                        Established 1937                                        

Newton Teachers Credit Union is a nonprofit organization, legally organized and established under the provisions of General Laws, chapter 171, of the Commonwealth of Massachusetts on February 19, 1937. 

For over seventy years we have provided low interest loans and competitive saving alternatives. There are no costs or fees to be a member of the Newton Teachers Credit Union.  The only requirement is that members maintain a minimum of $25.00 in their account. Membership and Sphere ofOperations: Membership in this credit union is limited to those who are employed by the Newton Public Schools, immediate family of credit union members, retirees who were past credit union members and employees of organizations affiliated with the Newton Public Schools.

Note: The geographic area we serve is the Newton School properties located within the boundaries of the City of Newton. Some of the benefits of belonging to the Newton Teachers Credit Union are:

• We provide financial services to our members in a convenient cost beneficial manner.
• We invest our funds in accordance to approved investment policy guidelines.
• Your shares and deposits are fully insured up to $100,000. by the National Credit Union Administration (NCUA)
• We pay higher savings rates than most competing financial regular passbook accounts.
• Our rates for personal loans and auto loans are less than local lending institutions.
• Traditional IRA’s and Certificates of Deposit are available.
• Automatic payroll deduction is easily arranged for monthly savings or loan repayment.
• Since we service primarily the members of the Newton Schools community, you receive personal and prompt service.
• Credit Union members may qualify for auto insurance discounts.
• Favorable mortgage rates through our affiliate mortgage companies.

      The credit union provides savings and loan services to our members as follows:                                                            

Note: We do not make real estate loans. However, we do participate in a mortgage referral program.

Hours of Operation:

September - June

Monday,Wednesday, Thursday

1:00 PM – 4:00 PM

July and August

The credit union operates on a reduced schedule which is set by the Board each year.