In light of recent banking industry news, we want to remind you that your deposits with Liberty Bay Credit Union are fully insured. The National Credit Union Association (NCUA) backed by the full faith and credit of the United States, covers up to $250,000. And over and above that, the remaining balance is covered by the Massachusetts Credit Union Share Insurance Corporation (MSIC). You can learn more about how your deposits are protected at http://ncua.gov and http://mycreditunion.gov.
At Liberty Bay, we are careful stewards of your deposits and value the hardworking men and women of our membership and appreciate the trust you put in us. Please feel free to contact us if you have any questions or concerns.
Liberty Bay focuses every day on giving back to our neighbors. In 2022 Liberty Bay donated over $80,000 to 58 nonprofit and community organizations. Whether it’s Spring Clean-Up at the Italian Home for Children, Kornhole for Kit in support of the Braintree Police K9 Unit, or the annual Holiday Angels Toy Drive to support the Old Colony YMCA, our employees, senior leadership team, and Board of Directors generously donate their support to these impactful community programs.
Liberty Bay is a proud community partner – we believe in giving back to our community. Join Us, Won’t you?
As we direct our dollars, Liberty Bay is focused on supporting organizations whose purpose aligns with our three pillars of stewardship:
Non-profit and community organizations that are specifically engaged in activities that promote and improve financial inclusion and financial literacy.
Non-profit and community organizations that work to foster leadership, provide access to education, and build stability and social prosperity.
Non-profit and community organizations that work to reduce inequities by providing personal guidance and activities that help ensure all people have the resources to thrive.
Liberty Bay is proud to support eligible, nonprofit organizations whose focus is to educate, empower, or enrich those in the communities where our members and employees work and live. In order to achieve balance across regions and causes in grant allocation, Liberty Bay will give priority to requests that most closely match the demographics of our partners, members, and employees.
Liberty Bay charitable support is not available for the following:
Any group which is not qualified as a nonprofit, tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code
Groups seeking educational or travel grants for contests, pageants, trips or conventions
Advertising, promotional events or sponsorship of athletic teams
Lobbying, partisan or denominational* groups
Sponsorship for individuals participating in cause-related events such as walks, runs and conferences
*Liberty Bay contributes to faith-based organizations on the condition that contributions are used to enhance services within the community and are in accordance with Liberty Bay’s specific areas of focus. Contributions may not be used for religious purposes or to serve a limited constituency.
Each year, Liberty Bay awards ten (10) $1,000 scholarships to assist with the cost of higher education. Each award is available to students who have been accepted into or enrolled in an accredited 2 or 4 year College, University, Technical or Vocational School.
We are also proud to award the Jane B. Cella and Winifred Bolter Scholarships for Community Service. The Scholarships pay tribute to a Liberty Bay Credit Union employee and a Director who gave a combined 75 years to the Credit Union. One (1) applicant will be selected to receive the Jane B. Cella Scholarship for Community Service and one (1) applicant will be selected to receive the Winifred Bolter Scholarship for Community Service, each of which consists of a $1,500 scholarship award. These scholarships are given to students who have shown dutiful service and significant contributions to our community.