Common Trust Credit Union Woburn MA | Reliable ATM Services Branch

Introduction

Welcome to Common Trust at 8 Cedar St, Woburn, MA 01801! Since our establishment in 1966, we've been committed to fostering a community where every member feels valued and empowered. With a proud membership of 3,418 individuals, we understand the importance of personalized financial services that cater to your unique needs. At Common Trust, we prioritize your financial well-being. Our total assets stand at an impressive $54,786,292, which reflects our strength and stability. We're also proud to manage total loans and leases amounting to 4,884, providing various lending options tailored for you. With total deposits reaching $6,427,792, we ensure that your savings are secure and growing. While members can visit us at our branch location, official correspondence should be sent to the same address: 8 Cedar St, Woburn, MA 01801-7246. Our leadership team is here for you; led by CEO James McCorkle and Board President Harrison Condon, we strive to build trust and transparency in all our interactions. With a net worth of $5,763,813 and cash on hand amounting to $434,390, you can rest assured that your financial future is in capable hands. We invite you to explore our services further through our website at Common Trust FCU. Feel free to reach out at 781-933-2600 during our operating hours from 9:00 AM to 4:00 PM Monday through Friday. Whether you're looking for a loan or simply want advice on managing your finances better, we are here to help you every step of the way. Join us today and experience the Common Trust difference!

Branch History & Mission

Join Us

We invite you to become part of our thriving community at Common Trust. Experience firsthand how we can help you achieve your financial goals while making a difference in Woburn. For more information on membership or to open an account online, please visit us at our website. Together, let's build a brighter future for ourselves and our community!

Our Commitment

At Common Trust, our mission goes beyond simply providing financial services. We aim to enhance the lives of our members by fostering a sense of trust and belonging. Our core values include integrity, respect, and inclusivity. Whether you're looking for a loan, savings account, or simply advice on managing your finances, our friendly staff is here to guide you every step of the way. While members can visit us at 8 Cedar St Woburn Ma 01801, official correspondence should be sent to 8 Cedar St, Woburn, MA 01801-7246. We also provide convenient operating hours from 9:00 AM to 4:00 PM Monday through Friday, ensuring that you can reach us when you need assistance.

Our Evolution

Since opening our doors, Common Trust has always focused on providing personalized financial solutions. Over the years, we have seen significant growth in both membership and assets. Today, with total assets exceeding $54 million, we continue to offer competitive rates and products tailored to meet the diverse needs of our members. Our mission has always been clear: to empower our members through exceptional service and support. Our branch is not just a place for banking; it's a hub where community connections are made. We believe that strong communities build strong futures. That's why we actively engage in outreach programs that help those in need within Woburn and surrounding areas. From local sponsorships to financial literacy workshops, we strive to make a positive impact every day.

Branch Location & Accessibility

Convenient Access

Our branch is easily accessible with ample parking available right outside. Plus, we take pride in being ADA compliant, ensuring that all members can access our services comfortably. Whether you're visiting us for personal banking or to discuss loan options, you'll find our friendly staff ready to assist you.

Get in Touch

Have questions? Feel free to give us a call at 781-933-2600. We're excited to serve you and help you achieve your financial goals. Stop by today and experience the Common Trust difference!

Operating Hours

We're here for you from 9:00 AM to 4:00 PM, Monday through Friday. Our hours are designed to fit your busy schedule, allowing you to drop by at a time that works best for you. Whether it's a quick errand or an in-depth discussion about your financial future, we welcome you with open arms.

Services Offered

While we currently do not offer ATM services or drive-thru banking, our dedicated team is eager to help you inside the branch with a variety of services tailored to meet your needs. From opening new accounts to guiding you through loan applications, we are committed to providing exceptional service. If you need to send official correspondence, please note that it should be directed to the same address: 8 Cedar St, Woburn, MA 01801-7246.

Member Eligibility

At Common Trust, we believe that everyone deserves a supportive financial community, and becoming a member is easier than you might think! If you're looking to join us at our branch located at 8 Cedar St, Woburn, MA 01801, you'll be happy to know that eligibility is open to a wide range of individuals. Generally, if you live or work in Middlesex County or have a family member who is already a member, you can become part of our family. We encourage you to check out the detailed eligibility requirements on our website at this link for the most current information. Once you've confirmed your eligibility, opening an account is a breeze! You can start the process right away by visiting our account opening page here. Should you have any questions or need assistance along the way, feel free to reach out to us at 781-933-2600. We're excited to welcome you into the Common Trust community, where your financial well-being is our top priority!

Business Banking & Commercial Services

Business Loan Options

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. - We also support the broader business 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.

Merchant Services

In today's fast-paced market, efficient payment processing is key. Our merchant services simplify transactions, allowing you to focus on what you do best running your business. Imagine being able to accept payments from customers seamlessly, whether they're shopping online or visiting your store. With our solutions, you'll enhance customer satisfaction while streamlining operations. Come visit us at 8 Cedar St Woburn Ma 01801, Woburn, MA, or call us at (781) 933-2600 to discover how we can partner with you on your journey to success!

Comprehensive List Of Services

Accessibility and Support

Need assistance? Don't hesitate to reach out! Our team at Common Trust is ready to help you with any questions or concerns. You can contact us at (781) 933-2600 during our operating hours from 9:00 AM to 4:00 PM, Monday through Friday. We pride ourselves on being approachable and responsive to our members' needs.

Banking Services Tailored for You

In today's fast-paced world, convenience is key. That's why Common Trust offers essential services that help simplify your financial life. For instance, with our ATM Services Only, you can easily access your funds whenever you need them. Imagine being able to withdraw cash or check your balance without stepping into the branch this flexibility allows you to manage your finances on the go.

Digital Banking Features

We understand that technology plays an important role in how you manage your money. Our online and mobile banking platforms allow you to perform transactions from the comfort of your home or while you're out and about. You can easily check account balances, transfer funds, and even pay bills all at your fingertips. Plus, our commitment to security ensures that your information is always protected.

Join Our Community Today

At Common Trust, we believe in fostering a supportive community where members can thrive financially. If you're interested in becoming a member or learning more about our services, visit us online at Common Trust Fcu or stop by our branch today. We look forward to welcoming you! In summary, whether it's using ATM services for quick cash access or managing accounts digitally, we're here for all your banking needs. Come see how we can help simplify your financial life!

Digital & Online Banking

Easy Access Anytime

Our online banking platform is available 24/7 at https://www.commontrustfcu.org/ . This means you can check your balance, make transfers, and pay bills right from the comfort of your home or on-the-go. No more rushing to the bank before closing time; everything you need is just a few clicks away.

Go Paperless with E-Statements

For those looking to reduce clutter and keep track of their finances easily, we offer e-statements. You can view your account statements online whenever you need them, making it simple to stay organized while also being environmentally friendly.

Manage Your Accounts on Mobile

With our mobile application, banking is even more accessible. Whether you're out shopping or relaxing at home, manage your accounts right from your smartphone. Plus, if you're someone who loves using mobile payments, you'll be pleased to know that our app supports this feature too!

Sign with Ease

We understand that paperwork can be a hassle. That's why we provide electronic signature authorization for many of our services. Sign documents digitally without needing to print anything out it's quick and straightforward. At Common Trust, we believe in making banking easier for you. Our digital services are designed with your needs in mind, so you can enjoy real-time account management and financial freedom wherever life takes you!

Transfer Money Effortlessly

Need to send money quickly? Our person-to-person transfer feature allows you to send funds to friends or family in just a few taps. It's fast, secure, and eliminates the hassle of cash or checks.

Financial Strength

Commitment to Growth

With $5,039,304 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is also substantial; we have $227 in used auto loans and $31,225,759 in total loans and leases, supporting our members' financial goals across various sectors.

Member-Focused Savings

Members' savings are secured through $10,956,085 in share certificates and $9,598,518 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.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 9 full-time employees and 1 part-time employees who are always ready to assist you with a knowledgeable and committed approach.

Strong Financial Position

With a net worth of $5,763,813, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,052 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trust Built Through Transparency

We understand the importance of trust when it comes to your finances. Our total share accounts stand at 6,490, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Common Trust is your trusted partner. Visit us at 8 Cedar St Woburn Ma 01801 or call (781) 933-2600 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans provide some of the lowest rates in the industry, with over $3,632,268 in used vehicle loans and $4,107,390 in new vehicle loans already helping members get on the road. We pride ourselves on offering flexible terms that fit your budget, whether you're purchasing a brand-new vehicle or a reliable pre-owned car.

Credit Lines

For those seeking additional flexibility in managing their finances, our total credit lines amount to $12,421,189. This option allows you to access funds as needed while only paying interest on what you use. At Common Trust, we aim to make borrowing straightforward and transparent. Our friendly team is here to assist you every step of the way whether it's answering questions about eligibility or guiding you through the application process. For inquiries or more information about our loan offerings, don't hesitate to call us at 781-933-2600 during our operating hours from 9:00 am to 4:00 pm Monday through Friday. 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 find the right loan product tailored just for you!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,060,450, make buying or refinancing simple. We offer competitive rates and terms designed to meet your needs. If you're considering refinancing your current mortgage, our team can guide you through the process and help you find the best solution for your situation.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $1,348,007 in loans helping members manage their finances effectively. This product is ideal for those looking to consolidate debt or cover unexpected expenses without tying up other assets.

Loan Aggregator

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Ensuring Accurate Comparisons

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COMMON TRUST FEDERAL CREDIT UNION - Woburn, MA