Worcester Credit Union is headquartered in Worcester and is the 60th largest credit union in the state of Massachusetts. It is also the 1,763rd largest credit union in the nation. It was established in 1976 and as of December of 2021, it had grown to 13 employees and 6,553 members at 2 locations. Worcester Credit Union has a B+ health rating.
Membership is open to those who live, attend school or work in the city of Worcester or the towns of Boylston, Auburn, Holden, Grafton, Leicester, Paxton, Millbury, Shrewsbury, or West Boylston. Membership is also open to federal, state and municipal employees, employees of private or regional school systems, and elected or appointed officials in a government organization, all in Worcester County.
See current membership details
Overall | |
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NCUA # | 64144 |
Year Chartered | 1976 |
Employees | 13 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.73% |
Return on Equity - YTD | 8.5% |
Annual Interest Income | $2.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $107.3MM$106.7MM |
Loans | Q4 2021vs Q4 2020 | $53.2MM$56.9MM |
Deposits | Q4 2021vs Q4 2020 | $97.9MM$97.3MM |
Equity Capital | Q4 2021vs Q4 2020 | $9.2MM$8.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $198.00K$350.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $126.00K$318.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Worcester 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | - | $50k | Kasasa Saver | ||
OTHER TIERS: 0.25% → $50k+ | |||||
0.10% | - | - | Holiday Club | ||
0.10% | - | - | Vacation Club | ||
0.05% | - | - | Savings Account | ||
0.05% | - | - | IRA Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.05% → Up to $50k | |||||
0.10%* | $50k* | - | Business Money Market | ||
OTHER TIERS: 0.05% → Up to $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.50%* | - | $25k | Kasasa Cash | ||
OTHER TIERS: 0.05% → $25k+ | |||||
0.05% | $5k | - | Business Premier Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | $500 | - | 36 Month CD | |
0.30% | $500 | - | 24 Month CD | |
0.20% | $500 | - | 12 Month CD | |
0.20% | $1k | - | Business 12 Month CD | |
0.10% | $500 | - | 6 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | $500 | - | 36 Month IRA | |
0.30% | $500 | - | 24 Month IRA | |
0.20% | $500 | - | 12 Month IRA |
Worcester Credit Union Locations | ||
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Branch Office | 1 Skyline Dr | Worcester, MA 01605 |
Branch Office | 520 W Boylston St | Worcester, MA 01606-2026 |