Data Source: NCUA, December 31, 2016
Worcester Credit Union was founded in 1976. Headquartered in Worcester, Massachusetts, Worcester Credit Union is a state chartered and federally insured credit union, being chartered in Massachusetts and insured through the National Credit Union Share Insurance Fund (NCUSIF). Worcester Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Worcester Credit Union services 7,301 members through its 2 offices and branches and 21 full-time and 2 part-time employees. It has $78,397,660 of total assets and $7,476,210 of net worth. Based on its asset size and net worth ratio, Worcester Credit Union is classified as a Well Capitalized medium credit union.
Worcester Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Worcester Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Worcester Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Massachusetts and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Worcester Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Worcester Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Worcester Credit Union actively involves in local communities by prliding services such as financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.
Community and other Service Offerings
520 W Boylston St
Worcester, MA 01606-2026
1 Skyline Dr
Worcester, MA 01605