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Worcester Credit Union Share
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Worcester Credit Union is a federally insured state credit union based in Worcester, Massachusetts. It has been opened since 1976, for 46 years.

With around $80,660,000 in assets, Worcester Credit Union is considered to be a large credit union. It has 2 branches and 2 ATM locations.

About Share
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Address 520 W. Boylston Street
Worcester, Massachusetts 01606
Website http://www.worcestercu.com
Phone (508) 853-9966
Fax (508) 853-7524
CEO Karen E. Duffy
President of the Board Robert Hennigan
Services Offered
Score Card Share
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46 years
Years in business
Opened in 1976
Well Capitalized
Net worth classification
Source: NCUA
7,159 members
Membership type: State chartered natural person credit union
Above average number of members
349:1
Credit union member to staff ratio
349 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$80,657,563
Total assets
Above average
2 branches
Compared with an average of 4 nationally and 3 in Massachusetts
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
12.35%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 3 in Massachusetts
Above average number of branches
Worcester Credit Union Branch Locations

Worcester Credit Union: High School
1 Skyline Drive
Worcester, Massachusetts 01605
ATM Available
Worcester Credit Union: Corporate
520 W. Boylston Street
Worcester, Massachusetts 01606
ATM Available
Members Share
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7,159 members
Membership type: State chartered natural person credit union
Above average number of members

With 7,159 members, the Worcester Credit Union is considered to be a large credit union. It is larger than 64% of credit unions.

Fees Share
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$110
Average fee per member
The average fee per member at the Worcester Credit Union is $110, which is very high compared to most credit unions. This rate is higher than 88% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Worcester Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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349:1
Credit union member to staff ratio
349 per each FTE employee
Compared to 411:1 nationally
Average number of staff
20 staff members
FTE (full-time equivalent)
5% of employees are part-time
20 full-time, 1 part-time

Worcester Credit Union has 20 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Worcester Credit Union has around 349 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$80,657,563
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$16,122
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 83% of credit unions.

Worcester Credit Union holds a total of $58,010,000 in loans and leases, which is about $16,122 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Worcester Credit Union pays 0.10%.

Loan rates Share
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12.35%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.06%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.70%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.65%
New car loan rate
Compared to 4.0% nationally
3.17%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.42%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Worcester Credit Union

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Worcester Fire Dept. Credit Union: Worcester Fire Department Credit Union
Credit Union Branch: 34 Glennie Street
Worcester, Massachusetts 01605 ATM Available
Interstate Unlimited Credit Union: Brunswick Branch ATM
Credit Union ATM: 1 Skyline Drive
Worcester, Massachusetts 01605
Worcester Credit Union
Credit Union: Well Capitalized Worcester, Massachusetts 7159.0 $81 million Well Capitalized
Leominster Credit Union: Worcester
Credit Union Branch: 910 W. Boylston Street
Worcester, Massachusetts 01606 ATM Available
Worcester Credit Union: High School
Credit Union Branch: 1 Skyline Drive
Worcester, Massachusetts 01605 ATM Available
Webster First Credit Union: Worcester
Credit Union Branch: 275 Greenwood Street
Worcester, Massachusetts 01607 ATM Available
Worcester Credit Union: Corporate
Credit Union Branch: 520 W. Boylston Street
Worcester, Massachusetts 01606 ATM Available
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Worcester Credit Union: Corporate ATM
Credit Union ATM: 520 W. Boylston Street
Worcester, Massachusetts 01606