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 10th largest credit union in the state of Massachusetts. It is also the 348th largest credit union in the nation. It was established in 1934 and as of March of 2022, it had grown to 205 employees and 86,724 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
A+

Health Grade Components

Overall
NCUA #24557
Year Chartered1934
Employees205
Primary Regulator
Profit Margin
Return on Assets - YTD1.05%
Return on Equity - YTD6.11%
Annual Interest Income$8.5MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$1.25B$1.23B
LoansQ1 2022vs Q1 2021$877.1MM$887.0MM
DepositsQ1 2022vs Q1 2021$981.2MM$923.2MM
Equity CapitalQ1 2022vs Q1 2021$213.0MM$205.3MM
Loan Loss AllowanceQ1 2022vs Q1 2021$2.5MM$2.7MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$5.5MM$4.3MM
Real Estate OwnedQ1 2022vs Q1 2021$0$297.00K
Rates

Rates for Webster First Federal Credit Union are currently being reviewed.

Locations

Availability



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.