Premier Source Credit Union

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A short history of Premier Source CU

Since its inception in 1941 the Premier Source Credit Union has been serving its members in the East Longmeadow, Massachusetts area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Bonnie Raymond, the Premier Source CU has grown its membership to over 5,241 with assets of more than $68,355,283. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (413) 525-2002 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in East Longmeadow, MA.

General Information For Premier Source CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 67746
Address 232 N MAIN ST 
City East Longmeadow 
State Massachusetts 
Zip-Code 01028
Phone Number (413) 525-2002
Fax Number (413) 525-4718
Email Address:
CEO/President Bonnie Raymond
Members 5,241 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 68,355,283 

Compare Premier Source Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
C S P Employees CU CSP Employees Federal Credit Union 285 Shaker Rd 06072 (860) 763-3591 No 3.59
Greater Springfield CU Main Office 1030 Wilbraham Rd 01109 (413) 782-3161 No 3.97
Massmutual CU Bright Meadows 100 Bright Meadow BLVD 06082 (860) 562-1947 No 4.62
Freedom CU CHICOPEE 1976 MEMORIAL DR 01020 (413) 532-5085 No 5.88
Arrha CU 63 Park Avenue 63 Park Ave 01089 (413) 562-4092 No 5.99

Premier Source Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Premier Source Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.99 1.99 3.29 4.50 3.49
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 410 34 123 205 55
Rank Among All Massachusetts Credit Unions 30 6 30 48 7

Premier Source Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.35 0.40 1.05
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 89 284 152
Rank Among All Massachusetts Credit Unions N/A 19 17 55 22
Premier Source Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.990645792,151
All Other Unsecured Loans/Lines of Credit 10.9907092,198,255
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9903855,471,163
Used Vehicle Loans 3.2902401,802,665
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.50021718,770,394
Total Other Real Estate Loans/Lines of Credit 3.4901425,182,582
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.99077763,538
TOTAL LOANS & LEASES 2,41534,980,748

Premier Source Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 9112,169,3023339,572
    b. 15 Years or less 805,346,4526488,200
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 461,254,64014258,127
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1053,713,21710390,799
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 371,469,36518130,689
Open-End Fixed Rate 0000
TOTALS 35923,952,976511,607,387


Interest Only & Payment Option 1st Mortgage Loans 281,075,644208,182
Interest Only & Payment Option Other RE/LOC Loans 241,052,92981,308
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Premier Source Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes