Workers' Credit Union

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A short history of Workers' CU

Since its inception in 1914 the Workers' Credit Union has been serving its members in the FITCHBURG, 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 Douglas Petersen, the Workers' CU has grown its membership to over 94,863 with assets of more than $1,595,818,463. They have a main office and 16 branch offices. Please see the credit unions website or contact them by phone at (978) 345-1021 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 FITCHBURG, MA.

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

Charter Number 66479
Address 815 MAIN ST 
State Massachusetts 
Zip-Code 01420
Phone Number (978) 345-1021
Fax Number () -
Email Address:
CEO/President Douglas Petersen
Members 94,863 
Full-Time Employees 247 
Part-Time Employees 41 
Number of Branch Offices 16 
Total Assets 1,595,818,463 

Compare Workers' Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
I-c CU Worcester 947 W Boylston St 01606 (978) 343-3725 No 1.62
Leominster Employees CU LEFCU Office 24 Church St 01453 (978) 534-0240 No 4.48
Leominster CU Holden 715 Main St 01520 (508) 829-7146 No 4.76
Gfa CU Ashburnham Branch 35 Main St 01440 (978) 827-3283 No 9.90
Worcester Police Department CU WPDCU 805 W Boylston St 01606 (508) 799-7677 No 18.04

Workers' Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Workers' 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 N/A 5.53 7.23 4.70 5.13
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 451 565 232 247
Rank Among All Massachusetts Credit Unions N/A 78 94 51 48

Workers' Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.20 1.04 1.04
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 114 167 153
Rank Among All Massachusetts Credit Unions 8 19 25 28 23
Workers' Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 6.9903,65218,786,166
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.2503,81527,544,534
New Vehicle Loans 5.5305388,265,866
Used Vehicle Loans 7.23019,365152,360,613
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.7003,640636,457,099
Total Other Real Estate Loans/Lines of Credit 5.1303,715128,847,714
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.19015,935171,031,691
TOTAL LOANS & LEASES 50,6601,143,293,683

Workers' 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 1,466385,656,91311061,675,700
    b. 15 Years or less 1,517121,663,472589,088,345
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 18127,739,96100
Adjustable Rate > 1 yr 476101,396,7534510,135,200


Closed-End Fixed Rate 79327,119,086924,517,550
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2,922101,728,62826121,014,200
Open-End Fixed Rate 0000
TOTALS 7,355765,304,813566106,430,995


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 2,922101,728,62821,014,200
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Workers' Credit Union Member Offerings
First Time Homebuyer Program Yes
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 No
Check Cashing No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes