Webster First Worcester MA Credit Union | Top Auto Loans & Personal Banking

Introduction

Welcome to Webster First, your trusted financial partner since 1934. Located at 275 Greenwood St, Worcester, MA 01607, we are proud to serve our community with a commitment to excellence and member satisfaction. With a membership base of over 92,283 individuals, we focus on providing services that enhance the financial well-being of our members. At Webster First, we understand that your financial goals are unique. That's why we offer a wide range of products including personal banking, auto loans, mortgage financing, and business services tailored to meet your needs. Our total assets stand strong at an impressive $1,448,827,072, reflecting our stability and dedication to serving you better. While members can visit us at our branch location for face-to-face support or use our convenient online banking services through our website websterfirst.com, official correspondence should be sent to the same address for consistency. Under the leadership of our CEO, John Thomasian, and Board President, Christopher Daoust, our team of 214 dedicated employees is always ready to assist you with any inquiries you may have. Whether you're looking for help with loans totaling over 26,109 or wish to explore the benefits of saving with us over $31,296,104 in deposits await you. Your trust is paramount to us. We take pride in being a member-focused credit union with strong net worth of $261,871,848 and cash reserves of $5,138,913 available for your financial needs. Feel free to reach out to us at (508) 753-1484 or stop by during our operating hours Monday through Wednesday from 8:30 AM to 4:00 PM; Thursday from 8:30 AM to 7:00 PM; Friday from 8:30 AM to 5:00 PM; and Saturday from 8:30 AM to 12:00 PM. Join us in exploring how Webster First can help you achieve your financial dreams!

Branch History & Mission

Commitment to Community

Our commitment extends beyond just banking; we actively engage in partnerships and community outreach efforts that strengthen the fabric of Worcester. Whether it's sponsoring local events or providing financial literacy workshops, we strive to make a positive impact on those around us. In an age where technology plays an essential role in finance, Webster First embraces digital advancements while ensuring ADA compliance and customer-centric initiatives. From online banking options to mobile payments and e-statements, we aim to enhance your experience while keeping your information secure. We invite you to join Webster First and discover the benefits of being part of a community-focused credit union. Experience personalized service that puts your needs first and enjoy the peace of mind that comes with knowing you're supported by a dedicated team committed to your success. Come visit us today at 275 Greenwood St in Worcester or explore more about becoming a member on our website here. Together, let's build a brighter financial future!

Our Evolution

Over the years, Webster First has evolved significantly. We started as a small credit union aimed at helping local residents achieve their financial goals. As we expanded, so did our range of services, from personal banking and auto loans to business financing options. Today, we proudly manage total assets of approximately $1.45 billion, demonstrating our stability and growth within the financial landscape.

Our Mission

At Webster First, our mission is clear: to empower our members through accessible financial services while giving back to the communities we serve. We believe that everyone deserves the opportunity to achieve financial wellness. This mission drives us to provide not only competitive rates on loans and deposits but also educational resources that help our members make informed financial decisions. Our operating hours are designed with your convenience in mind: Monday through Wednesday from 8:30 AM to 4:00 PM, Thursday until 7:00 PM, and Fridays until 5:00 PM. We also offer ATM access and drive-thru banking for quick transactions. If you need to reach us, feel free to call at 508-753-1484. While members can visit us at our branch address, official correspondence should be sent to our mailing address at 275 Greenwood St, Worcester, MA 1607.

Branch Location & Accessibility

Easy Access and Parking

At Webster First, we prioritize your convenience. Our parking area is spacious and designed with accessibility in mind, ensuring that everyone can visit us without hassle. Plus, our facilities are ADA compliant with ramps available for easy entry.

Let’s Connect!

We're excited to serve you! If you have any questions or need assistance, don't hesitate to give us a call at 508-753-1484. We invite you to visit Webster First today and discover how we can support your financial journey right here in Worcester!

Operating Hours That Fit Your Schedule

We know life can be busy! That's why we're open during hours that accommodate your schedule. Swing by Monday through Wednesday from 8:30 AM to 4:00 PM, enjoy extended hours on Thursday until 7:00 PM, and join us on Friday from 8:30 AM to 5:00 PM. Need some weekend banking? We're also here on Saturday from 8:30 AM to 12:00 PM!

Services Just for You

Webster First offers a variety of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgage financing our team is ready to assist you with all your financial goals. For those who prefer quick transactions, we have a drive-thru service available for deposits and withdrawals. Additionally, our ATM provides easy access for cash withdrawal and balance checks at any time.

Member Eligibility

Joining the Webster First family means becoming part of a supportive community that values your needs and aspirations. To become a member, you'll find that eligibility is simple and welcoming! If you live, work, worship, or attend school in Worcester County or certain surrounding areas, you can easily open an account with us. We're dedicated to helping our members thrive with a variety of financial services tailored just for you. For more details on eligibility criteria, feel free to check out our resource at this link. When you're ready to take the next step, opening an account with Webster First is straightforward and user-friendly. You can find all the information you need on how to enroll in online banking at this page. If you have any questions or would like assistance, don't hesitate to reach out to us at 508-753-1484. We're here to help you start your journey with us at our branch located at 275 Greenwood St, Worcester, MA 01607!

Business Banking & Commercial Services

Empowering Your Business with Loans

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 for Daily Operations

In addition to loans, we offer merchant services that simplify your day-to-day transactions. Imagine seamlessly accepting payments from your customers whether it's through credit cards or digital wallets helping you keep your cash flow steady and operations smooth. Our merchant services are designed to fit the needs of businesses like yours, allowing you to focus on what matters most: growing your business. Partner with us at Webster First to unlock the full potential of your business today!

Comprehensive List Of Services

ATM and Drive-Thru Services

Need quick access to cash? Enjoy our ATM & Cash Withdrawal Services available at various locations. Plus, take advantage of our Basic Drive-Thru Banking for deposits, withdrawals, and simple transactions perfect for those on the go!

Auto Loans and Vehicle Financing

Thinking about buying a new car? Our Auto Loans & Vehicle Financing options make it simple to secure funding for your next vehicle purchase. We offer competitive rates that can fit any budget, ensuring that you can drive away in the car of your dreams without breaking the bank.

Business Banking Solutions

If you're a business owner, you'll appreciate our Business Banking services. From Merchant Services to Business Loans, we provide tailored solutions that help your business thrive. We understand the unique challenges small businesses face and are committed to supporting their growth.

Credit Cards with Rewards

Our Credit Cards come with rewards that let you earn while you spend! Enjoy benefits like cash back on purchases or travel rewards that add value to your everyday spending.

Digital Banking Features

In today's fast-paced world, convenience is key. Our Online & Mobile Banking services allow you to manage your accounts from anywhere at any time. With features like mobile payments and person-to-person transfers, handling your finances has never been easier.

Mortgage Loans and Refinancing

Owning a home is a significant milestone, and our Mortgage Loans are designed to help you achieve that dream. If you're already a homeowner, consider our refinancing options, which could lower your monthly payments or free up cash for other expenses.

Personal Banking

Managing your finances shouldn't be stressful. Our personal banking services include Checking & Savings Accounts designed to help you save for the future or manage day-to-day expenses effectively. Whether you're looking to build your savings or access funds easily, we've got the right account for you.

Personal Loans and Debt Consolidation

Life can throw unexpected expenses your way. With our Personal Loans and Debt Consolidation services, you can access funds when you need them most. Whether it's for home improvements or consolidating debts into one manageable payment, we're here to assist.

Shared Branch Transactions

As part of our commitment to accessibility, we offer Basic Shared Branch Transactions for partner credit union members. This means you can complete deposits and withdrawals even if you're not at your home branch. At Webster First, we pride ourselves on making banking convenient and user-friendly. Our team is ready to assist you with any questions or needs you may have regarding these services. Don't hesitate to reach out by calling us at (508) 753-1484 or visiting us in person at 275 Greenwood St Worcester Ma 01607 in Worcester, MA. Your financial journey starts here let us help guide the way!

Digital & Online Banking

Key Features

One of the standout features is our mobile application, which allows you to bank on the go. Whether you're waiting in line or relaxing at home, you can perform all your banking tasks right from your smartphone. Plus, with our mobile payments feature, making purchases has never been easier. Just tap and go! For those who prefer a paperless approach, we offer e-statements, so you can view your financial statements digitally rather than waiting for them to arrive in the mail. This not only keeps things organized but also helps you stay on top of your finances.

Security and Ease of Use

Your security is important to us. That's why we use electronic signature authorization for transactions, ensuring that everything is handled safely. You can trust that your information is protected while enjoying the ease of digital banking. Another great feature is our person-to-person transfers, allowing you to send money to friends or family without hassle. No need for cash or checks; simply transfer funds directly through our platform. In summary, Webster First makes banking accessible and convenient for everyone. With a variety of online banking options tailored to fit your lifestyle, managing your finances has never been easier or more secure! Visit us 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 are proud to share our robust financial standing, which reflects our commitment to serving you with reliability and trustworthiness. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $261,871,848, we maintain strong 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 capacity to lend is also noteworthy; with $11,731 in used auto loans and $1,142,784,132 in total loans and leases, we support members' financial goals across various sectors. While our current net income stands at $0 this year due to various strategic investments aimed at future growth and stability, it reflects our operational efficiency over time. We 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. Our net shares available for lending and investments stand at $7,306,890, further demonstrating our capability to support your financial needs. With a total of 123,671 share accounts, it's clear that a growing number of members trust 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 275 Greenwood St Worcester Ma 01607 or call 508-753-1484 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have already issued over $57,179,823 in new vehicle loans and $178,494,479 in used vehicle loans, helping many members get on the road with confidence. If you're interested in refinancing your existing auto loan or exploring eligibility options, we're ready to assist.

Business Loans

For business owners looking to expand or invest in growth opportunities, our outstanding commercial loans total $252,185,545. These loans provide the capital needed for various business ventures. At Webster First, we are committed to supporting your financial journey with transparent options tailored to your needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. If you're interested in any of these products or want to learn more about refinancing options and eligibility requirements, feel free to reach out at (508) 753-1484. Our friendly staff is here to help you every step of the way!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $80,068,156. Whether you want to purchase a new home or refinance your current mortgage, our team can guide you through the process smoothly and efficiently.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans. With a total of $784,642 in these loans helping members manage their finances effectively, our credit cards come with rewards that can benefit your everyday spending.

Loan Aggregator

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Webster First