Save on energy costs and help protect the environment.
City of Boston Credit Union offers special discounts for energy-efficient projects and purchases, from home improvements to electric vehicles and bikes.
Get the right rate for all the right reasons.
Green Home Equity Loan
Up to $250,000* for up to 20 years on energy-efficient projects like:
- Solar panels
- HVAC systems, windows, and lighting
- Insulation, weatherproofing, air sealing, and ductwork
- Electric vehicle charging stations
- And much more — just ask! Apply online or in-person today!
Electric Bicycle Financing
Ride faster, ride efficiently, and ride with savings. CBCU Electric Bicycle Loans make it easy to purchase a new electric bicycle.
- As low as 7.99% APR**
- Borrow up to $5,000
- Terms up to 18 months
Get the electric bicycle of your dreams in no time at all. Apply online in minutes or come see us in-person.
Electric & Hybrid Vehicle Financing
In the market for an energy-efficient car, truck, or van? Get pre-approved financing before you head to the dealership.
- Receive a .25% APR† discount on up to $100,000 for new electric or hybrid vehicle purchases and up to $75,000 for used.
- Option to include the cost of an electric vehicle charging station.
- Qualified borrowers can add tax, title, warranty, and insurance costs.
- CBCU also offers cost-effective extended warranties†† and guaranteed asset protection (GAP)††† insurance coverage, to protect against totaled or stolen vehicles deemed a total loss.
Mass Save® HEAT Loan
Up to $25,000+ and interest-free financing for energy-efficient home upgrades, including:
- HVAC and solar hot water systems
- ENERGY STAR-qualified windows
- Insulation and weatherization
Get started today. Check out what Mass Save® has to offer by visiting www.masssave.com call 866-527-7283 to schedule a Home Energy Assessment.
Apply for a Mass Save® HEAT Loan online or at any CBCU branch location.
*All loans are subject to credit approval. All loan programs, annual percentage rates, terms and conditions are subject to change without notice. Combined Loan to Value (CLTV) ratio of your first mortgage and equity loan may not exceed 80%. Maximum loan amount not to exceed $250,000. Available for 1-4 family primary residences. Property and flood insurance may be required. Other restrictions may apply. Interest may be tax deductible (consult your tax advisor). Must be eligible for City of Boston Credit Union membership to apply. Subject to Credit and Underwriting approval.
**A.P.R. = Annual Percentage Rate. Must be eligible for City of Boston Credit Union membership to apply. Loan available for new electric bicycle purchases only. Checks will be made payable directly to bicycle vendor. Loan approval subject to City of Boston Credit Union lending criteria. Maximum loan amount equals $5,000.00. Monthly payment equals $59.14 per thousand borrowed for maxi-mum 18 month term and based on the 7.99% Annual Percentage Rate. All loans are subject to credit approval. Terms and conditions subject to change without notice.
†A.P.R. = Annual Percentage Rate. Rate determination is based on member’s current credit rating, term and down payment. All loans subject to credit approval. Promotion applies to new and used electric and hybrid vehicle models only, take an additional .25% APR off posted rates. Other rates and terms available. Terms and conditions subject to change without notice. A.P.R.s are accurate as of the date of printing and subject to change without notice. Qualified borrowers can also add on vehicle charging station cost and installation, tax, title, warranty or GAP (Guaranteed Asset Protection) insurance coverage costs into their financing, not to exceed 110% of vehicle cost. Some makes and models do not qualify for tax, title, warranty or Guaranteed Asset Protection insurance. Other guidelines may apply. New vehicles must have 5,000 miles or less. Used vehicles maximum mileage of 90,000 miles. Must be eligible for City of Boston Credit Union membership to apply
††Extended Vehicle Warranties are a purchase option offered through Route 66.
†††Guaranteed Asset Protection (GAP) Insurance Coverage is a purchase option offered through Allied Solutions.
+Subject to credit approval. Some restrictions may apply.