West Springfield Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.51% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.10% | Savings | 2.20% - Barclays Online Savings Account |
| 2.12% | 2-year CD |
West Springfield Federal Credit Union is headquartered in West Springfield and is the 86th largest credit union in the state of Massachusetts. It is also the 2,936th largest credit union in the nation. It was established in 1960 and as of September of 2018, it had grown to 5 employees and 2,827 members at 1 location. West Springfield Federal Credit Union's CD rates are 68% higher than the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live, worship, attend school or work in, and businesses located in West Springfield.
See current membership details
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13781 |
| Year Chartered | 1960 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.11% |
| Return on Equity - YTD | 1.45% |
| Annual Interest Income | $566.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $28.8MM$29.4MM |
| Loans | Q3 2018vs Q3 2017 | $10.1MM$10.0MM |
| Deposits | Q3 2018vs Q3 2017 | $26.5MM$27.1MM |
| Equity Capital | Q3 2018vs Q3 2017 | $2.3MM$2.3MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $96.00K$85.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $153.00K$126.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not West Springfield Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
West Springfield Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $25 | - | Share Account |
West Springfield Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.12% | $1k | - | 24 Months Share Certificate | |
| 1.76% | $1k | - | 18 Months Share Certificate | |
| 1.51% | $1k | - | 12 Months Share Certificate | |
| 0.40% | $1k | - | 6 Months Share Certificate |
West Springfield Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.12% | $500 | - | 24 Months IRA | |
| 1.76% | $500 | - | 18 Months IRA | |
| 1.51% | $500 | - | 12 Months IRA | |
| 0.40% | $500 | - | 6 Months IRA |
| West Springfield Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 58 Union St | West Springfield, MA 01089-3317 |