Products & Services Offered by
Industrial Credit Union
Savings & Checking
Savings and checking accounts are fully insured under Massachusetts
Banking Law. Accounts are Federally Insured up to $100,000 by NCUA,
with excess Insurance provided by MSIC. You may deposit up to $600,000
in a single account and up to $1,200,000 in a joint account.
Our different types of accounts are:
Savings:
- Passbook or Statement
- Money Market Accounts
- IRA Accounts
Checking:
- Free NOW Checking
- NOWPlus Checking
Term Certificate of Deposit:
Loans
For over 95 years, we have loaned money to our members to help
them make purchases, pay bills, meet educational needs, start
a small business, acquire home ownership, and for other provident
purposes; not for charity, but to be paid back at fair and reasonable
rates of interest.
Our various loans and services are:
- Personal Loans
- Auto, Boat or Other Vehicles
- 1st Mortgage Real Estate Loans
- 2nd Mortgage Real Estate Loans
- VISA Credit Cards
- Home Improvement Loans
- Home Equity Lines of Credit
- First-Time Home Buyer Loans
- Free Mortgage Prequalifications
- Visa Check Cards
- ATM Cards
- On-line Banker and Bill Payer
Guarantee: With the exception of Real Estate loans and VISA cards, if a Borrower is
dissatisfied with any of the terms and conditions of the Note, he or she has 30 days from
origination to rescind the contract. All the Borrower has to do is return to us the amount financed
with no additional charge for its use or expense.
