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Eastern Bank

1.0 (1 review)
Open • 10:00 am - 3:00 pm

Services - Eastern Bank

Personal banking

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1 year ago

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Metro Credit Union - Chelsea - Main Office - Metro Credit Union 200 Revere Beach Pkwy, Chelsea, MA 02150

Metro Credit Union - Chelsea - Main Office

(102 reviews)

I've been a member for about 12 years because it came through a job I had. The no-ATM-fees…read more(anywhere, ever) is the best thing about this place. I can't speak to loans as I never took one from here. But the online/app/distant ATM experience has been increasingly frustrating for the last year or two. "Upgrade" should always be used in quotation marks no matter the business, but the bugs are ridiculous and this time around there's been no response to two requests to fix things. I no longer live in MA, but for the first year or so in my new neighborhood (and all over the country and the world), ATMs worked fine. Then in summer 2019, they (literally) overnight started rejecting transactions. The explanation was that the machines (not supported by Metro) didn't have the right security features, but they had the day before, so...? And this latest upgrade is so far not horrible, but at least two regular monthly transactions have changed or been dropped and I'm guessing my emails are waiting in a queue somewhere. Not worth it anymore.

I had a small mortgage with them. $30,000. My interest rate was only 2.75%. During the term of the…read moremortgage FEMA determined (in error) my home was in a flood zone. Metro contacted me and told me I needed flood insurance. I purchased $70,000 in flood insurance. I got a letter from them that they accepted my insurance at the amount I purchased. Banking rules and FEMA rules both state that financial institutions cannot make you purchase more insurance than you could owe them. A year later Metro contacted me and told me I needed to purchase $500,000 in flood insurance. I sent them copies of the banking rules. They didn't care. I asked to speak to the underwriters that made this change. They refused to let me speak to anyone with authority over this unfair business practice. While I was trying to work with them they purchased the $500,000 policy at my expense. I had no choice but to refinance with another credit union who confirmed there was no need to purchase more than I owed them. I believe Metro intentionally forced me out because mortgage rates had risen to 7% and they weren't making enough profit on me. Unfair business practices against banking rules. I was with them for over 10 years. Beware of this institution, they are crooks. I'd rate them -10 if I could.

Eastern Bank - banks - Updated May 2026

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