Workers Federal Credit Union

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A short history of Workers FCU

Since its inception in 1936 the Workers Federal Credit Union has been serving its members in the STAFFORD SPRING, Connecticut 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 Joan Posocco, the Workers FCU has grown its membership to over 4,159 with assets of more than $19,272,434. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (860) 684-4484 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 STAFFORD SPRING, CT.

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

Charter Number 1606
Address 70 W STAFFORD RD 
State Connecticut 
Zip-Code 06076
Phone Number (860) 684-4484
Fax Number (860) 684-5018
Email Address:
CEO/President Joan Posocco
Members 4,159 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 19,272,434 

Compare Workers Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Southbridge CU Main Office 205 Main St 01550 (508) 765-5454 No 12.94
C S P Employees CU CSP Employees Federal Credit Union 285 Shaker Rd 06072 (860) 763-3591 No 14.11
Premier Source CU Cottage Street Branch 254 COTTAGE ST 01104 (413) 731-8200 No 15.03
Luso CU Luso Federal Credit Union 1 Crane Park Dr Ste 4 01095 (413) 589-9966 No 16.32
Enfield Community CU Northwest Hills Credit Union 339 N Elm St 06790 (860) 496-7326 No 16.45

Workers Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Workers Federal 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 9.90 2.31 4.68 5.51 4.12
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 62 288 325 116
Rank Among All Connecticut Credit Unions 6 11 31 32 17

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 N/A 0.28 0.10
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 143 N/A 304 283
Rank Among All Connecticut Credit Unions N/A 15 N/A 36 32
Workers Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9006451,582,754
All Other Unsecured Loans/Lines of Credit 6.750180711,711
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.31044695,164
Used Vehicle Loans 4.6802982,667,537
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.510192,313,582
Total Other Real Estate Loans/Lines of Credit 4.1201094,160,345
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.74057655,619
TOTAL LOANS & LEASES 1,35212,786,712

Workers Federal 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 172,264,58200
    b. 15 Years or less 135,09100
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 113,90900


Closed-End Fixed Rate 923,917,1975144,193
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 17243,14800
Open-End Fixed Rate 0000
TOTALS 1286,473,9275144,193


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

Workers Federal 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 No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes