Allcom Credit Union Worcester MA | Affordable Auto Loans & Business Banking

Introduction

At Allcom Credit Union, we believe that banking should be as personal as it is professional. Nestled in the heart of Worcester, MA at 36 Park Ave, our credit union has been serving our community since 1922. With nearly 4,000 members, we are dedicated to providing financial services that not only meet your needs but also foster a sense of belonging and trust. Our commitment to you goes beyond simple transactions. We manage a robust portfolio with total assets of $79,933,158 and total deposits reaching $8,860,084. Whether you're looking for auto loans where we currently have 1,470 loans and leases on record or personal banking solutions like checking and savings accounts, Allcom Credit Union is here to support your financial journey. Led by our passionate CEO, Laura Ybarra, and Board President John Naughton, our team of 17 employees works tirelessly to ensure you receive outstanding service tailored to your needs. We understand that every member is unique; that's why we offer a variety of products including mortgages, credit cards with rewards, and business banking solutions. While members can visit us at our branch address, official correspondence should be sent to the same location: 36 Park Ave, Worcester, MA 1609. If you have questions or need assistance, don't hesitate to reach out via phone at 508-754-9980 during our lobby hours: Monday through Friday from 8:30 AM to 4:30 PM (with extended hours on Thursdays until 6 PM) and Saturdays from 9 AM to 12 PM. Join us at Allcom Credit Union where your financial well-being is our top priority. Visit our website at allcomcu.org or stop by today we're excited to help you achieve your financial goals!

Branch History & Mission

Community Engagement

Our connection with the community goes beyond transactions; it's about building relationships. We actively engage in outreach efforts that uplift those around us and support local initiatives. Partnerships with schools and nonprofits allow us to give back meaningfully while helping cultivate a thriving environment for everyone. As part of our service offerings, we provide online banking options so you can manage your finances from anywhere at any time. Whether it's accessing your account or applying for loans through our user-friendly website (https://www.allcomcu.org), we aim to meet your needs efficiently.

Join Us

If you're looking for a credit union where you can feel valued and supported financially, look no further than Allcom Credit Union! Join us today and experience firsthand the benefits of being part of a member-focused organization dedicated to serving you well. For more information or assistance, don't hesitate to call us at 508-754-9980 or visit us during our operating hours: Monday through Friday from 8:30 AM - 4:30 PM; Thursday until 6:00 PM; and Saturday from 9:00 AM - noon. Become part of something special become part of Allcom Credit Union!

Our Mission

At Allcom Credit Union, we believe in empowering individuals and families through quality financial services and community support. Our mission is clear: to provide personal banking options that cater to your unique needs while fostering a sense of belonging and collaboration within our community. From checking and savings accounts to auto loans and mortgage financing, we strive to help you achieve your financial goals. We are committed to ensuring that everyone has access to reliable banking solutions. Our initiatives include ADA compliance measures and digital advancements that enhance your banking experience. Additionally, we offer drive-thru banking for convenience and shared service center options for members who belong to partner credit unions.

Our Story

Located at 36 Park Ave, Worcester, MA 01609, Allcom Credit Union has always been about more than just banking. We began with the mission to provide affordable financial services to our community. Over the years, we have achieved significant milestones that reflect our dedication and growth. Today, our total assets stand at an impressive $79,933,158, showcasing our stability and ability to support our members' financial needs effectively. While you can visit us at our branch location for all your banking needs, official correspondence should be sent to the same address: 36 Park Ave, Worcester, MA 1609. The area is not only accessible but also close to various local landmarks that make it easy for members to stop by.

Branch Location & Accessibility

Welcome to Allcom Credit Union, your friendly financial partner located conveniently at 36 Park Ave, Worcester, MA 01609. Nestled in the heart of Worcester County, our branch is easily accessible and ready to serve you. Whether you're coming from nearby landmarks like the beautiful Green Hill Park or the bustling City Square, you'll find us just a short drive away. Our location is designed with your convenience in mind. We offer ample parking, making it easy for you to stop by anytime during our operating hours. Speaking of which, we're here for you Monday through Friday from 8:30 AM to 4:30 PM, with extended hours on Thursday until 6:00 PM, and Saturday mornings from 9:00 AM to 12:00 noon. So whether you're juggling a busy schedule or looking for some weekend banking, we've got you covered! Accessibility is a priority at Allcom Credit Union. Our branch complies with ADA standards, ensuring that everyone can comfortably access our services. If you prefer to bank without leaving your car, take advantage of our drive-thru service for quick deposits and withdrawals. For those who need additional assistance or wish to explore shared services with partner credit unions, we are proud to provide shared service center options right here at our branch. And if you need cash on the go, our ATM is available whenever you need it. While members can visit us at 36 Park Ave for all their banking needs, official correspondence should be sent to the same address. If you have any questions or need assistance before your visit, feel free to give us a call at 508-754-9980. At Allcom Credit Union, we're excited to help you achieve your financial goals! Stop by today and discover how we can support you on your financial journey!

Member Eligibility

At Allcom, we believe that everyone deserves access to financial services that truly support their needs. Joining our community is simple! If you live, work, or worship in the area of Worcester, MA, you're likely already eligible to become a member. We also welcome family members of existing members, creating a network of support and shared benefits. Becoming part of Allcom not only means gaining access to competitive rates and personalized service, but it also opens the door to a range of financial products designed to help you thrive. To start your journey with us, check out the detailed eligibility criteria at https://www.allcomcu.org/about-allcom/join/. When you're ready to open an account, the process is straightforward and can be done online or in person at our branch located at 36 Park Ave Worcester Ma 01609. If you have any questions or need assistance, feel free to give us a call at (508) 754-9980. We're excited to welcome you into our family!

Business Banking & Commercial Services

Merchant Services That Work for You

Imagine being able to accept payments effortlessly while managing your cash flow efficiently. Our merchant services enable you to process transactions smoothly, ensuring you get paid quickly and can focus on what truly matters growing your business. From point-of-sale systems to online payment options, we provide comprehensive solutions designed to enhance your operational efficiency. Visit us at 36 Park Ave Worcester Ma 01609 in Worcester, MA or contact us at (508) 754-9980 to learn how our Business Banking & Commercial Services can help you take your business to the next level!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. For those outside our membership, we also support the broader community with $0 in non-member commercial loans, providing flexible financing solutions. With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking

We also cater to local businesses with specialized services such as merchant services and business loans. This means whether you're starting a new venture or expanding an existing one, we are here to support your growth with flexible financing solutions.

Connect with Us

Ready to explore how Allcom can assist you in achieving your financial goals? Don't hesitate to reach out! Call us at (508) 754-9980 or visit us at our branch in Worcester, MA during our operating hours: Monday through Friday from 8:30 am to 4:30 pm (with extended hours on Thursday until 6:00 pm) and Saturday from 9:00 am to 12:00 noon. Join us today at Allcom Credit Union, where we're committed to making banking straightforward and fulfilling for every member!

Digital Banking Features

In today's fast-paced world, convenience is key. That's why at Allcom Credit Union, we offer robust online and mobile banking features. Accessing your accounts has never been easier check balances, transfer funds, or pay bills anytime from anywhere. Need cash? Our network of ATMs allows for easy withdrawals while our drive-thru service ensures quick transactions without leaving your vehicle. For members who belong to partner credit unions, we provide basic shared branch transactions that let you make deposits and withdrawals seamlessly across different locations.

Personal Banking

Our personal banking services include everything you need for day-to-day financial management. We offer checking and savings accounts that help you manage your money effectively. Imagine having a hassle-free way to pay bills, save for future goals, or simply keep your funds secure. With our competitive rates and user-friendly online banking platform, tracking your finances is easy. For those considering purchasing a vehicle, our auto loans and vehicle financing options make it simple to get on the road without breaking the bank. Picture yourself driving that new car while knowing you secured an affordable loan tailored just for you. Additionally, if home ownership is in your plans, our mortgage loans and refinancing services can help turn that dream into reality. If unexpected expenses arise or you're looking to consolidate debt, our personal loans and debt consolidation options provide quick access to the funds you need. Plus, with our credit cards featuring rewards, you can earn points on purchases while managing your spending.

Digital & Online Banking

Key Features of Our Online Banking

With our online banking at https://www.allcomcu.org/, you can check your balance, transfer funds, and pay bills with just a few clicks. You'll enjoy the convenience of 24/7 access to your accounts, allowing you to manage your finances on your schedule. Plus, our electronic signature authorization means you can complete transactions quickly and securely without the need for paper forms.

Mobile Application and Payments

For those on the go, our mobile application is available for download, providing easy access to all the features of online banking right from your smartphone. While mobile payments aren't offered yet, rest assured that person-to-person transfers are just a tap away. Send money to friends or family instantly no need for cash or checks!

Security You Can Trust

Your security is our priority. We use advanced security measures to protect your personal information and ensure that your online banking experience is safe. This includes secure logins and encryption protocols that keep your data private. At Allcom, we're committed to making banking easier for you. Whether you're at home or on the move, our digital services provide the flexibility and security you need to stay in control of your finances. Explore all these features today and see how we can help you manage your money more effectively!

Stay Organized with E-Statements

Say goodbye to paper clutter! With our e-statements available at Allcom, you can view your account statements online whenever you need them. This feature not only helps the environment but also makes it easier for you to keep track of your financial activity.

Financial Strength

Committed Team

Our operational efficiency is reflected by our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 12 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Member Base

Total Share and Deposit Accounts: 8,544, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $417,338. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Allcom is your trusted partner. Visit us at 36 Park Ave Worcester Ma 01609 or call (508) 754-9980 to learn more about how we can help you achieve your financial goals.

Reinvesting in Member Services

With $11,443,500 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $317 in used auto loans and $45,395,387 in total loans and leases.

Secured Savings Opportunities

Members' savings are secured through $14,252,167 in share certificates and $11,196,694 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $12,841,955, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,607 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $4,013,759 in used vehicle loans and $653,224 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to fit your budget, making it easier than ever to drive away in the vehicle you want.

Credit Lines

For those looking for additional flexibility, our total credit lines amounting to $17,635,161 provide an excellent solution for unexpected expenses or planned purchases. This option allows you to borrow as needed and repay at your convenience.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,590,326, make buying or refinancing simple. We take pride in offering personalized support throughout the mortgage process, ensuring you feel confident every step of the way.

Refinancing Options

We also understand that circumstances change. If you're considering refinancing your current loans, our team is ready to discuss eligibility options tailored specifically for you. Whether it's auto loans or mortgages, we can help find a solution that fits your new financial situation. At Allcom, our commitment is not just about providing loans; it's about building lasting relationships with our members by supporting their financial journeys. For more information or assistance, don't hesitate to contact us at (508) 754-9980 during our operating hours: Monday through Friday from 8:30 am - 4:30 pm; Thursday until 6:00 pm; and Saturday from 9:00 am - 12:00 noon. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step toward achieving your financial aspirations today!

Unsecured Credit Card Loans

Managing everyday expenses can be challenging, but our unsecured credit card loans can help ease that burden. With a total of $1,106,082 in loans available, our flexible terms allow members to effectively manage their finances while enjoying convenient access to credit when needed.

Loan Aggregator

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