Worcester Credit Union


Overview / Commentary
508-853-9966
520 W Boylston St
Worcester, MA 01606

Worcester Credit Union is headquartered in Worcester and is the 59th largest credit union in the state of Massachusetts. It is also the 1,722nd largest credit union in the nation. It was established in 1976 and as of September of 2020, it had grown to 15 employees and 6,951 members at 2 locations. Worcester Credit Union has an A health rating.

Field of Membership Restrictions

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

Related Posts

15-Month CD Special, 2.30% APY - 1/17/2020

$500 minimum deposit opens the 15-month CD Special earning 2.30% APY. You are eligible for membership if you live, work, or attend any school in the City of Worcester or any of the surrounding towns: Auburn, Boylston, Grafton, Holden, Leicester, Millbury, Paxton, Shrewsbury, or West Boylston.

Reviews

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Health

Health Grade Components

Overall
NCUA #64144
Year Chartered1976
Employees15
Primary Regulator
Profit Margin
Return on Assets - YTD0.71%
Return on Equity - YTD8.08%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$102.1MM$79.7MM
LoansQ3 2020vs Q3 2019$58.3MM$57.3MM
DepositsQ3 2020vs Q3 2019$93.1MM$70.7MM
Equity CapitalQ3 2020vs Q3 2019$8.8MM$8.2MM
Loan Loss AllowanceQ3 2020vs Q3 2019$342.00K$311.00K
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$270.00K$382.00K
Real Estate OwnedQ3 2020vs Q3 2019$0$0
Rates

Rates for Worcester Credit Union are currently being reviewed.

Locations


Worcester Credit Union Locations
Branch Office1 Skyline DrWorcester, MA 01605
Branch Office520 W Boylston StWorcester, MA 01606-2026

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