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Cambridge Portuguese Credit Union (CPCU)

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Cambridge Portuguese Credit Union (CPCU)

Mission statement:

Provide personalized financial services to our members, while remaining sensitive to diverse cultural needs, in the cooperative spirit of our Portuguese founders.

History:

In 1928, people in the Portuguese-American community were finding it increasingly difficult to access deposit and loan products from banks in Cambridge. Seeking a solution to their community's needs, a group of twenty seven Portuguese - Americans banded together and formed the Cambridge Portuguese Credit Union, CPCU. Incorporated on March 2, 1928, CPCU provided a place where the Portuguese speaking community could deposit their savings with confidence, and borrow money at low rates of interest. With a motto of "Saving Together to Lend to Each Other," CPCU has had a rich history of helping its' members with financial needs and providing quick and easy access to a wide range of services.

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