Webster First Douglas MA Credit Union | Best Auto Loans & Mortgage Refinancing

Introduction

Welcome to Webster First, your trusted financial partner in the heart of Douglas, MA. Located at 282 Main St, Douglas, MA 01516, we have been serving our community since 1934. Over the years, we've grown into a strong credit union with a commitment to enhancing the financial well-being of our 92,283 members. With total assets exceeding $1.44 billion and total deposits around $31,296,104, we stand as a solid choice for your banking needs. At Webster First, we take pride in our dedicated team of 214 employees, led by our CEO, John Thomasian, and Board President, Christopher Daoust. Together, we strive to provide exceptional service and support to our members. Our commitment is not just about numbers; it's about creating lasting relationships within the community. While you can visit us at our branch for all your banking needs, please note that official correspondence should be directed to 282 Main Street, Douglas, MA 1516 if it differs from our physical location. Whether you're looking for personal banking solutions such as checking and savings accounts or need assistance with auto loans and mortgages, we're here to help. With over 26,109 loans issued and a net worth of $261,871,848, we are equipped to meet your diverse financial needs. We invite you to experience the Webster First difference today! Feel free to call us at 508-476-7432 or explore more about our services on our website at Webster First. Your financial journey starts here!

Branch History & Mission

At Webster First, we take pride in our rich history and strong commitment to serving our community. Founded in 1934, our Douglas branch has grown from humble beginnings into a trusted financial partner for over 92,000 members. Located at 282 Main St, Douglas, MA 01516, we are not just a credit union; we are a cornerstone of the community. From the outset, our mission has been clear: to provide accessible financial services while fostering a supportive environment for all members. Our goal is to empower individuals and families with the tools they need to achieve their financial dreams. With total assets exceeding $1.4 billion, we have the resources to offer a wide range of services including personal banking, auto loans, mortgages, business banking, and more. Over the years, we've made significant strides in enhancing our offerings. We understand that convenience is key; that's why we proudly provide ATM access and drive-thru banking options. Our shared service center allows us to extend our reach even further, ensuring that members can access their accounts seamlessly no matter where they are. While members can visit us at our physical location on Main Street for face-to-face assistance during our operating hours Monday through Tuesday from 8:30 AM to 4:00 PM, Wednesday from 8:30 AM to 12:00 PM, Thursday from 8:30 AM to 7:00 PM, and Friday from 8:30 AM to 5:00 PM we also recognize the importance of digital advancements. With online banking and mobile payments available, managing your finances has never been easier. Our mission goes beyond just providing financial products; we actively seek partnerships within the community to support local initiatives and outreach efforts. We believe in giving back and making a real impact in the lives of those we serve. For any official correspondence, please send it to our mailing address at 282 Main Street, Douglas, MA 1516. Join us at Webster First and experience how we're dedicated not only to your financial well-being but also to building a stronger community together. Whether you're looking for your first savings account or planning for retirement, we're here every step of the way. Call us today at (508) 476-7432 or visit our website at Webster First to learn more about becoming a member!

Branch Location & Accessibility

Accessibility Features

At our Douglas branch, we prioritize accessibility for everyone. Our location is ADA compliant, featuring ramps and designated parking spaces to ensure all members can easily navigate our facilities. Whether you're visiting us for personal banking, auto loans, or just stopping by to chat with one of our friendly staff members, we're here to help.

Convenient Operating Hours

We understand that life gets busy! That's why our operating hours are flexible to fit your schedule. You can visit us Monday through Tuesday from 8:30 AM to 4:00 PM, Wednesday from 8:30 AM to 12:00 PM, Thursday until 7:00 PM, and Friday from 8:30 AM to 5:00 PM. We also offer drive-thru banking for those quick transactions when you're on the go.

Services Available

Webster First provides a full range of services tailored to meet your needs. From checking and savings accounts to auto loans and mortgages, we have options that suit both personal and business banking. Plus, if you need cash quickly or want to check your balance without entering the branch, we have ATM availability right on-site. And for those who prefer face-to-face assistance but belong to partner credit unions, our shared service center is ready to help with basic transactions. If you have any questions or need assistance, feel free to call us at 508-476-7432. We invite you to stop by Webster First in Douglas today we look forward to welcoming you!

Member Eligibility

At Webster First, we believe that joining our community is not just about opening an account; it's about becoming part of a supportive family dedicated to helping you achieve your financial goals. If you live, work, or worship in the area, or have a family member who is already a member with us, you're likely eligible to join. We welcome individuals from all walks of life, making it easy for you to access services tailored to your needs. To find out more about the specific eligibility criteria, feel free to check out our detailed guide at this link. Becoming a member is straightforward and comes with many benefits like competitive rates on loans and savings accounts, personalized service, and access to convenient online banking tools. Ready to take the next step? You can start the account opening process online by visiting this page. If you have any questions or need assistance, don't hesitate to give us a call at (508) 476-7432. We're excited to welcome you to Webster First!

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 $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.

Merchant Services

Imagine a local café that needs a reliable way to process payments. Our merchant services are crafted to help businesses like this thrive. Whether it's accepting credit cards or managing daily transactions, our solutions simplify payment processing so you can focus on what you do best serving your customers. Located at 282 Main St Douglas Ma 01516 in Douglas, MA, we're here to empower your business with the financial tools it needs. Reach out to us at (508) 476-7432 to learn more about how we can help your business grow!

Comprehensive List Of Services

Business Banking Solutions

If you're a business owner, we've got you covered with our Business Banking services, including Merchant Services & Business Loans that can help grow your venture. We understand how vital it is for businesses to have reliable banking support and efficient transaction processing.

Convenient Access Points

For those who prefer face-to-face interaction but still want efficiency, we provide basic drive-thru banking for deposits and withdrawals as well as shared branch transactions for partner credit union members. Our drive-thru service is perfect for quick transactions without leaving your vehicle. Whether you're stopping by our branch or managing your finances online, we're committed to making every step of your banking experience simple and straightforward.

Credit Card Options

For those who enjoy rewards on their spending, our Credit Cards with Rewards allow you to earn points on every purchase. This can be an excellent way to save on future travels or special events simply by using your card for everyday expenses.

Digital Banking Features

In today's fast-paced world, access to digital banking is essential. With our robust Online & Mobile Banking, managing your accounts has never been easier. You can check balances, transfer funds, and even make payments from the comfort of your home or on the go. Plus, our convenient ATM & Cash Withdrawal Services ensure you have quick access to cash whenever necessary.

Get in Touch

Ready to explore what we can do for you? Visit us at Webster First in Douglas or give us a call at 508-476-7432. Our friendly staff is here to assist you with any questions about our services or help you get started with an account today! Discover how easy banking can be with Webster First your trusted financial partner in the community.

Personal Banking Services

Starting with personal banking, we offer Checking & Savings Accounts that help you manage your day-to-day finances effectively. Imagine having access to your funds anytime you need them, whether it's for everyday purchases or saving for a special occasion. For those looking to make significant purchases or consolidate debt, our Auto Loans & Vehicle Financing provide competitive rates and flexible terms to suit your budget. If you're considering buying a home or refinancing your current mortgage, our Mortgage Loans & Refinancing options come with expert guidance to help you navigate the process smoothly. Additionally, we offer Personal Loans & Debt Consolidation solutions tailored to meet your specific financial goals.

Digital & Online Banking

Enhanced Features

We also offer e-statements for those who prefer a paperless option, making it simple to keep track of your transactions while reducing clutter. If you're on the go, our mobile application provides all the functionalities of online banking right in your pocket. You can even make mobile payments directly from your phone perfect for those last-minute purchases or when you're out and about. Security is a top priority at Webster First. We utilize electronic signature authorization, ensuring that your transactions are safe and verified. Rest assured that your financial information is protected as you navigate our services.

Key Services

Our online banking platform, available at https://www.websterfirst.com/, offers a user-friendly experience where you can check balances, transfer funds, and pay bills all in one place. You'll have access to 24/7 online banking services, allowing you to stay connected with your money on your schedule. Need to send money to a friend? Our person-to-person transfer feature makes it easy and quick, helping you avoid the wait of checks or cash.

Why Choose Us?

With all these features combined, managing your finances has never been easier. Whether you're using our website or mobile app, you'll find that accessing your accounts is straightforward and efficient. Join us at Webster First today and take control of your financial future with our cutting-edge digital banking solutions!

Financial Strength

Growing Trust

Total Share Accounts stand at 123,671, showing a strong and growing member base that trusts us with their finances. Our Net Shares (Funds available for lending and investments) amount to $7,306,890, further highlighting our commitment to responsible growth. 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 282 Main St Douglas MA 01516 or call 508-476-7432 to learn more about how we can help you achieve your financial goals.

Member-Focused Savings

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.

Operational Efficiency

Our operational efficiency is reflected in our net income of $0, which allows us to focus on providing 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, committed team.

Reinvestment for Growth

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 lending capacity supports members' financial goals across various sectors with $11,731 in used auto loans and a total of $1,142,784,132 in loans and leases.

Strong Financial Health

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.

Loan Offering

Auto Loans

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. We provide flexible terms that can fit any budget, making it easier than ever to drive off with your ideal car.

Credit Lines

For those needing additional flexibility, our total credit lines amount to $432,055,710. This option allows you to borrow as needed while only paying interest on what you use. It's perfect for both planned purchases and emergencies.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $80,068,156, make buying or refinancing simple. Whether you are a first-time buyer or looking to refinance your current mortgage for better terms, our team is here to guide you through the process.

Refinancing Options

If you're considering refinancing your existing loans be it an auto loan or mortgage we have options available that may save you money on interest payments. Our knowledgeable staff can help assess your current situation and guide you toward the best solutions available. For any questions regarding our loan offerings or if you'd like more information about eligibility requirements, feel free to reach out at (508) 476-7432. You can also visit us at our branch located at 282 Main St Douglas Ma 01516, Douglas, MA. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We are here to support your financial journey every step of the way!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $784,642 in loans helping members manage their finances effectively. These credit cards come with competitive interest rates and can be a great way to handle unexpected expenses or consolidate debt.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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Webster First