Naveo Credit Union was founded in 1928 when twenty-seven Portuguese-Americans banded together to form a financial cooperative after finding it increasingly difficult to access deposit and loan products from banks in the community.
Naveo Credit Union, formerly Cambridge Portuguese Credit Union, was incorporated on March 2, 1928 as a place where the community could deposit their savings with confidence and borrow money at low rates of interest. In 2014, the Credit Union changed its name to Naveo Credit Union to complement the changing demographics of the area by becoming an inclusive institution, one that is welcoming to everyone in the community.
Today Naveo Credit Union is a $113 million asset community credit union with branches in Cambridge and Somerville. Naveo Credit Union serves as a reliable partner and trusted resource for direction and advice on how to best navigate the complex and sometimes confusing financial landscape.
At Naveo Credit Union, it’s your journey.