Central One Federal Credit Union Listed Among the Top 10 Fastest-Growing Commercial Lenders in Massachusetts by Boston Business Journal

Central One Federal Credit Union is proud to announce that it ranked within the top ten in Boston Business Journal’s list of the Fastest-Growing Commercial Lenders in Massachusetts. This recognition highlights the impressive growth of Central One's commercial loan portfolio, underscoring its commitment to supporting local businesses and driving economic development across the state.

As of September 30, 2024, credit unions in Massachusetts with the fastest-growing commercial loan portfolios reported loans valued at $4.99 billion, marking a significant 7.83% increase from the previous year. Central One earned its place among this elite group due to its strong year-over-year growth in commercial lending, demonstrating an exceptional ability to meet the needs of Massachusetts businesses.

To qualify for this distinction, commercial lenders were required to have a commercial loan portfolio balance as of September 30, 2024, and to be incorporated and headquartered in Massachusetts. Rankings were based on year-over-year changes in commercial lending volume, specifically raw dollar value increases in the period analyzed.

This recognition comes at a time of continued growth and expansion for Central One, as it strives to enhance its offerings and deepen its partnerships with the Massachusetts business community. By prioritizing member service and tailored financial products, the credit union has seen significant success in helping businesses secure the funding they need to succeed.

For more information about Central One, its commercial lending services, please visit www.centralfcu.com.