Webster First Federal Credit Union

Overview / Commentary
271 Greenwood St
Worcester, MA 01607

Webster First Federal Credit Union is headquartered in Worcester and is the 10th largest credit union in the state of Massachusetts. It is also the 330th largest credit union in the nation. It was established in 1934 and as of June of 2021, it had grown to 203 employees and 86,044 members at 17 locations. Webster First Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Webster First Federal Credit Union is open to anyone who lives, works, worships, or goes to school in Worcester, Suffolk, Middlesex, or Essex counties.
See current membership details

Reviews (1)

Webster First Federal Credit Union

I have nothing but positive to say about Webster First Federal Credit Union. They have been my banking institution for approximately 4 years and have always been right there if a concern arouse. Whether it be having to call them by telephone, contact them online, or visit the local branch, whatever the reason is for contact, they are readily available with a solution. I have suggested this financial institution to many of my family members and a few friends as I have seen them get charged some outrageous amounts on overdrafts and such, and this is not a problem when dealing with Webster First Federal. I have chosen the option of getting paper statements from the credit union, although they do have the option to opt out and just find all informatin needed online, which shows me that they do have an environmental concern also.


Health Grade Components

NCUA #24557
Year Chartered1934
Primary Regulator
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD5.79%
Annual Interest Income$17.4MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$1.24B$1.17B
LoansQ2 2021vs Q2 2020$878.5MM$898.3MM
DepositsQ2 2021vs Q2 2020$932.2MM$854.3MM
Equity CapitalQ2 2021vs Q2 2020$208.3MM$197.4MM
Loan Loss AllowanceQ2 2021vs Q2 2020$2.6MM$2.6MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$4.9MM$8.2MM
Real Estate OwnedQ2 2021vs Q2 2020$297.00K$297.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Webster First Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Webster First Federal Credit Union Savings Account Rates

0.03%--Regular Savings Account
0.03%$10$10kAll Purpose Club Account

Webster First Federal Credit Union Money Market Rates

0.10%*$100k*-Money Market Plus
OTHER TIERS: 0.03% Up to $1k | 0.05% $1k - $50k | 0.07% $50k - $100k
0.10%$100k$1mBusiness Money Market Promotion - New Money w/ Elite Business Checking account
0.07%*$50k*$100kBusiness Money Market
OTHER TIERS: 0.03% Any amount | 0.05% $1k - $50k
0.05%*$1k*-Money Market Account
OTHER TIERS: 0.03% Up to $1k

Webster First Federal Credit Union Checking Account Rates

0.05%*$100k*-Elite Business Checking Account
OTHER TIERS: 0.01% Up to $25k | 0.02% $25k - $100k
0.01%$5-First Advantage Checking
0.01%$5-Jump Start Checking Account

Webster First Federal Credit Union CD Rates

0.50%$500-60 Month CD
0.45%$500-48 Month CD
0.40%$500-36 Month CD
0.30%$500-24 Month CD
0.25%$500-12 Month CD
0.20%$1k-6 Month CD
0.15%$1k-3 Month CD

Webster First Federal Credit Union IRA Rates

0.50%$100-60 Month IRA
0.45%$100-48 Month IRA
0.40%$100-36 Month IRA
0.30%$100-24 Month IRA
0.25%$100-12 Month IRA


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.