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SCU Credit Union will be closed on Wednesday, June 19, 2024 in observance of Juneteenth. You may access your funds through ATMs, Mobile and Online Banking.

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Specialty Loans

SCU Credit Union offers unique lending opportunities through our parnerships with MassHousing and Mass Save® that are designed to save our members money. And when partnerships are not available, we've designed our own programs, like the SCU Solar Loan, to meet our members' needs at competive rates and flexible terms.


Save on Energy Costs with Mass Save® Heat Loan

Get a no-cost home energy assessment. Reduce your energy expenses and enhance your home's efficiency with the Mass Save Heat Loan. 0% interest, 100% easy to make energy-efficient home improvements, turning your house into a more comfortable and cost-effective space. 

You could get a Mass Save Heat Loan for improvements like:

  • ENERGY STAR® Qualified Replacement Windows
  • Attic, Wall, and Basement Insulation
  • Heating Systems
  • Central Air Conditioning/Heat Pumps
  • Domestic Hot Water Systems
  • Solar Hot Water Systems
  • Energy-efficient Thermostats

Upgrade Your Home, Save on Energy
Invest in your home's energy efficiency without straining your budget:

  • 0% APR1 , 100% easy.
  • Maximum loan amount up to $50,000 for qualified eligible improvements.
  • Maximum term of 84 months.

How the Mass Save Heat Loan Works

  1. Call Mass Save® at 866-527-SAVE (7283) to schedule a no-cost home energy assessment. 
  2. Your Mass Save Heat Loan Administrator will provide you an authorization letter that is required to submit your application. 
  3. Once you have your authorization form, you will be able to apply for a Mass Save Loan at 0% interest. 
  4. To learn more about the program, eligibility, and the application process, visit the Mass Save website.

The Mass Save® HEAT Loan offers zero interest financing opportunities up to $50,000* total for energy-efficient home upgrades. That includes up to $50,000 on the installation of air source and ground source heat pumps, and up to $25,000 for the installation of insulation, combustion heating systems, and more.  *To find out if you qualify for the Mass Save® Residential HEAT Program, contact them directly via their website or call 1-866-527-7283. Upon receipt of your authorization form from Mass Save® apply online to start the loan process.

1APR = Annual Percentage Rate. Estimated cost per $1,000 calculated on maximum term available. 0% APR for 84 monthly payments of $11.91 per $1,000 borrowed. Loan terms are based on finance amount. Incentive available for residential customers of both owner occupied and non-owner occupied 1-4 family homes participating in the Mass Save home energy assessment program. Minimum FICO of 640 required for the Micro, Standard, Enhanced products. Minimum FICO of 680 for the Super products. Offer subject to change without notice. Some restrictions may apply. Subject to eligibility for credit approval. Please refer to for more information.


SCU Solar Loan

Looking for an Alternative Solar loan program to own your panels?

  • Loan amount $3,000 up to $35,000 maximum.
  • Only solar electric (photovoltaic) systems owned by the resident are eligible. No leased panels.
  • Third party lease or power purchase agreements for solar are NOT eligible.
  • Financing available on eligible primary residences or vacation homes in Massachusetts or Rhode Island.
  • Solar electric systems must be connected to the electricity distribution grid.
  • Signed Contract from Installer and Deed required.
  • Fees: UCC1 filing fee
  • Apply >>

MassHousing Septic Repair Loan

If your septic system failed and is non-compliant with the Commonwealth’s Title V requirements, the MassHousing’s low- and no-interest Septic System Repair Loan can help.

Program Features:

  • Owners of 1- to 4-family homes and condominiums are eligible
  • The minimum loan amount is $1,000; the maximum loan amount is $25,000
  • Loans may be paid in full at any time with no penalty
  • Apply >>

Borrowers must meet income eligibility requirements to qualify for a Septic Repair loan. If you do not meet the requirements, please speak with one of our member service representatives to see what other lending options are available to assist you.  Call 781-784-7725 or visit one of our convenient branch locations.