Webster First Federal Credit Union


Overview / Commentary
508-671-5170
271 Greenwood St
Worcester, MA 01607

Webster First Federal Credit Union is headquartered in Worcester and is the 9th largest credit union in the state of Massachusetts. It is also the 320th largest credit union in the nation. It was established in 1934 and as of September of 2024, it had grown to 196 employees and 92,283 members at 15 locations. Webster First Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.

Field of Membership Restrictions

Webster First Federal Credit Union is open to anyone who lives, works, worships, or attends school in the Massachusetts counties of Essex, Middlesex, Suffolk, or Worcester. Immediate family or household members of anyone eligible to join Webster First Federal Credit Union qualifies for membership.
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Health

Health Grade Components

Overall
NCUA #24557
Year Chartered1934
Employees196
Primary Regulator
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD6.97%
Annual Interest Income$47.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$1.45B$1.47B
LoansQ3 2024vs Q3 2023$1.14B$1.12B
DepositsQ3 2024vs Q3 2023$1.01B$1.03B
Equity CapitalQ3 2024vs Q3 2023$248.4MM$227.2MM
Loan Loss AllowanceQ3 2024vs Q3 2023$8.3MM$6.8MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$6.1MM$8.4MM
Real Estate OwnedQ3 2024vs Q3 2023$297K$297K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$5-Primary Share
0.05%$10$10kAll Purpose Club Account

Webster First Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Money Market Plus
OTHER TIERS: 0.10% $0 - $1k | 0.15% $1k - $100k
0.20%*$100k*$1mBusiness Money Market w/ Elite Business Checking account
OTHER TIERS: 0.05% $0+ | 0.10% $1k - $50k | 0.15% $50k - $100k
0.15%*$1k*-Money Market Account
OTHER TIERS: 0.10% $5 - $1k

Webster First Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$100k*-Elite Business Checking Account
OTHER TIERS: 0.01% $0 - $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

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$10k-7 Month CD Special - New Money
4.08%$1k-4 Month CD Special
3.05%$500-12 Month CD
1.51%$500-24 Month CD
1.51%$500-36 Month CD
1.51%$500-48 Month CD
1.51%$500-60 Month CD
0.85%$1k-6 Month CD
0.76%$1k-3 Month CD

Webster First Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$10k-7 Month IRA Special - New Money
4.08%$1k-4 Month IRA Special
3.05%$100-12 Month IRA
1.51%$100-24 Month IRA
1.51%$100-36 Month IRA
1.51%$100-48 Month IRA
1.51%$100-60 Month IRA
Locations

Availability



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