Webster First Cambridge MA Credit Union | Low Mortgage Rates & Top Auto Loans

Introduction

Welcome to Webster First, your trusted partner in financial services since 1934. Located at 20 Selton Street, Cambridge, MA 02138, we are committed to supporting our community and providing personalized banking solutions tailored to your needs. With a robust membership of over 92,000 members and total assets exceeding $1.4 billion, we take pride in our ability to serve you with integrity and transparency. At Webster First, we believe that banking should be accessible and straightforward. Whether you're looking for checking and savings accounts, auto loans, mortgages, or business financing options, our dedicated team is here to help you every step of the way. Our current total deposits stand at an impressive $31,296,104, ensuring that your funds are secure and well-managed. Led by CEO John Thomasian and Board President Christopher Daoust, our experienced leadership is deeply invested in the financial well-being of our members. With a net worth of $261,871,848 and cash in hand amounting to $5,138,913, we maintain a strong foundation that allows us to continually invest in services that benefit you. While members can visit us at our branch address for all their banking needs, official correspondence should be sent to our mailing address: 271 Greenwood St, Worcester, MA 1607. Feel free to reach out via phone at (617) 492-3212 during our lobby hours from 8:30 AM to 4:00 PM on weekdays. Join us today and discover how Webster First can help you achieve your financial goals! Visit us online at websterfirst.com for more information or to become a member. Your financial journey starts here!

Branch History & Mission

Join Us

We are not just a credit union; we are your neighbors dedicated to improving lives through financial education and support. With operating hours from 8:30 AM to 4:00 PM Monday through Friday, we're here when you need us most. Although we currently do not offer ATM or drive-thru services at this branch, our team is always ready to assist you in person or via phone at 617-492-3212. We encourage you to explore how becoming a member can benefit you. Join us today and take advantage of personalized financial solutions designed with your needs in mind! Visit us at Webster First for more information on membership eligibility and account opening procedures. Together, let's build a brighter financial future!

Our Journey

The journey of Webster First started with a simple mission: to provide accessible financial services to everyone in our community. From the outset, we prioritized member needs over profits, creating a welcoming environment that fosters trust and support. As we expanded our offerings from personal banking solutions like checking and savings accounts to auto loans and business banking we also committed ourselves to giving back through various community outreach initiatives. Throughout the decades, Webster First has adapted to the changing landscape of banking. We introduced digital banking solutions that allow members to manage their finances online and through mobile applications, ensuring convenience without sacrificing security. Our commitment to accessibility extends beyond technology; we strive to make our services available to all individuals in compliance with ADA standards.

Our Mission

At Webster First, our mission is clear: We aim to empower our members by providing reliable financial products and exceptional service while actively contributing to the well-being of our community. We believe that when our members succeed, we all succeed. This ethos drives us daily as we assist members with their financial goals whether it's securing an auto loan for that dream car or navigating the complexities of mortgage financing. While you can visit us at 20 Selton Street, official correspondence should be sent to 271 Greenwood St., Worcester, MA 1607 if needed. We invite you to experience firsthand what makes Webster First different our commitment to your success is unwavering.

Branch Location & Accessibility

Accessibility Features

At Webster First, we prioritize accessibility for all members. Our branch features ADA-compliant ramps and ample parking to ensure everyone can access our services comfortably.

Operating Hours

We are open Monday through Friday from 8:30 AM to 4:00 PM, making it convenient for you to stop by before or after work. Unfortunately, we are closed on Saturdays and Sundays, but we encourage you to plan your visit during the week.

Services Offered

Although we do not currently offer ATM or drive-thru services at this location, our branch provides a full range of personal banking services. From checking and savings accounts to auto loans and mortgage refinancing, we have options tailored just for you. Plus, our knowledgeable staff is always on hand to help guide you through any questions or concerns. Feel free to call us at 617-492-3212 if you have any inquiries or need assistance before your visit. We're excited to welcome you into our community and help you achieve your financial goals!

Member Eligibility

At Webster First, we warmly welcome you to join our community of members who enjoy personalized financial services and a supportive environment. Becoming a member is open to anyone who lives, works, or attends school in the areas we serve, including those affiliated with certain organizations. This means that if you're part of our local community, you likely qualify for membership! You can find more details about the eligibility criteria by visiting our website at this link. Joining Webster First not only gives you access to a range of financial products like checking and savings accounts, auto loans, and credit cards, but it also connects you with a dedicated team ready to help you achieve your financial goals. Opening an account is easy! Just give us a call at (617) 492-3212 or visit us at our branch located at 20 Selton Street Cambridge Ma 02138, and we'll guide you through the process. We look forward to welcoming you into our family!

Business Banking & Commercial Services

Merchant Services That Make a Difference

In today's fast-paced market, efficient payment processing is crucial. Our merchant services help streamline transactions so you can focus on what really matters growing your business. Imagine being able to accept payments easily from customers while managing your inventory seamlessly. This practical approach not only boosts customer satisfaction but also enhances your operational efficiency. Whether you're just starting out or looking to take your established business to new heights, Webster First is here to provide the financial backing you need. Visit us at 20 Selton Street Cambridge Ma 02138, Cambridge, MA, or call us at (617) 492-3212 to learn more about how we can help your business thrive!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $433 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $7 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $252,185,545, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

While our branch does not have ATM facilities, we are committed to helping you access cash when needed through shared networks in the area. At Webster First, located at 20 Selton Street Cambridge Ma 02138, we strive to provide exceptional service that meets all your financial needs under one roof. If you have questions or want more information about any of our offerings, please don't hesitate to reach out at (617) 492-3212. Your financial journey starts here!

Auto Loans & Vehicle Financing

When it's time to hit the road, our Auto Loans & Vehicle Financing options can help make your dream car a reality. We understand how important reliable transportation is, which is why we offer flexible financing solutions designed to fit your budget. Picture driving away in a new vehicle without the stress of high monthly payments.

Business Banking

For our business members, we offer comprehensive Business Banking services, including Merchant Services and Business Loans. Whether you're starting a new venture or expanding an established business, we provide tailored financial solutions that support your growth and success.

Credit Cards with Rewards

With our Credit Cards with Rewards, every purchase can earn you something back. Enjoy benefits like cashback on everyday purchases or points that can be redeemed for travel and other rewards. It's like getting paid for spending!

Mortgage Loans & Refinancing

Thinking about buying a home? Our Mortgage Loans & Refinancing services are here to guide you through one of life's biggest investments. We provide personalized assistance throughout the mortgage process, ensuring you find the right loan for your situation. Whether you're purchasing your first home or refinancing an existing mortgage for better rates, we're here to help.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we proudly offer robust Online & Mobile Banking options. With these features, managing your accounts is simple and secure from anywhere at any time. You can pay bills, transfer funds, and even apply for loans right from your smartphone or computer.

Personal Banking

Our personal banking services include Checking & Savings Accounts that cater to various lifestyles. Whether you need a simple checking account for everyday expenses or a savings account to help you reach your financial goals, we've got you covered. Imagine having the freedom to manage your money efficiently while enjoying the benefits of competitive interest rates.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses at you, and that's where our Personal Loans & Debt Consolidation come in handy. Need funds for home repairs or medical bills? Or perhaps you're looking to simplify your finances by consolidating debt? Our team will work with you to create a plan that fits your needs and helps lighten your financial load.

Digital & Online Banking

Key Features

One of the standout features is our mobile application, which offers a user-friendly interface for managing your accounts from your smartphone or tablet. You can also take advantage of mobile payments, making it easy to shop securely without needing cash or cards. For those who like to keep their records organized, we offer e-statements that provide you with an electronic copy of your monthly statements. This service not only saves paper but also gives you quick access to your financial history whenever you need it. If you ever need to send money to friends or family, our person-to-person transfers make it simple and fast. Just a few taps on your device and you're done! Plus, with our support for electronic signature authorization, signing important documents has never been easier or more secure.

Security and Support

We prioritize the safety of your information with robust security measures in place across all our digital services. Our systems ensure that your personal data is well-protected while providing an intuitive user experience. Whether you're tech-savvy or new to online banking, our resources are designed for everyone. We're here to help if you have questions about using our online services. At Webster First, we aim to empower you with tools that enhance how you bank, making it easier than ever to manage your finances effectively. Explore all these great features today at https://www.websterfirst.com/ and take control of your banking experience!

Financial Strength

At Webster First, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that you want to know your money is safe and that we're here to support your financial journey. That's why we're proud to share our strong financial standing with you. With a net worth of $261,871,848, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 18.03% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $253,272,775 in share certificates and $55,771,803 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. With $240,268,106 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $11,731 in used auto loans and a total of $1,142,784,132 in loans and leases, supporting members' financial goals across various sectors. Our operational efficiency is reflected in our net income of $0, which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 196 full-time employees and 18 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $7,306,890. Total Share and Deposit Accounts: 123,671, 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, Webster First is your trusted partner. Visit us at 20 Selton Street Cambridge Ma 02138 or call 617-492-3212 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

At Webster First, we understand that financial needs can vary greatly from person to person. That's why we offer a wide range of loan products designed to help our members achieve their goals, whether it's purchasing a new car, buying a home, or managing everyday expenses. Our commitment to serving you shines through in every loan we issue. With over 26,109 loans issued, we've helped thousands of members achieve their financial goals. If you're looking to buy a new car, our auto loans offer some of the lowest rates in the industry, with over $178,494,479 in used vehicle loans and $57,179,823 in new vehicle loans already helping members get on the road. For those considering homeownership, our mortgage options are designed to make buying or refinancing simple and accessible. Our Junior Lien 1-4 Family Residential Properties loans total $80,068,156, providing a solid foundation for your housing needs. If you're a business owner looking for support, our outstanding commercial loans totaling $252,185,545 provide the capital needed to grow and expand your operations effectively. Managing day-to-day expenses is also made easier with our flexible unsecured credit card loans. We currently have a total of $784,642 in these loans helping members manage their finances effectively. At Webster First located at 20 Selton Street, Cambridge MA 02138, our team is ready to assist you with any questions about eligibility or refinancing options. You can reach us at 617-492-3212 during our lobby hours from 8:30 AM to 4:00 PM on weekdays. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Whether you are exploring financing options for your next vehicle or seeking assistance with a mortgage or business loan, Webster First is here to support your journey toward financial success.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With LendMesh, you can navigate the loan landscape with confidence, knowing you have access to accurate and transparent information. Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures that every offer presented is fair and transparent, giving you peace of mind as you explore your options. One of the standout features of LendMesh is its commitment to verified data. All loan offers are sourced from legitimate financial institutions, ensuring transparency and reliability in your comparisons. Additionally, LendMesh does not prioritize lenders based on paid promotions; their goal is to provide unbiased results. This means you can trust that the information you receive reflects true market conditions rather than sponsored listings. LendMesh also provides real-time rate comparisons, allowing you to see up-to-date loan rates from multiple institutions at once. This feature helps users make informed decisions quickly and efficiently. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" If you're looking for the best rates tailored to your needs, compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Webster First