Worcester Business Journal

Book of Lists 2019

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20 Worcester Business Journal | Book of Lists 2019 | wbjournal.com F O C U S B A N K I N G & F I N A N C E Top credit unions Ranked by assets as of Dec. 2018 Name Assets Annual income (loss) for 2018 No. of members Full-time employees No. of locations Head of credit union Year founded 1 Digital Federal Credit Union 220 Donald Lynch Blvd., Marlborough 01752 800-328-8797 • www.dcu.org $8,530,261,736 $64,519,648 802,007 1,222 22 James Regan 1979 2 Workers Credit Union 815 Main St., Fitchburg 01420 (a) 978-345-1021 • www.wcu.com $1,797,705,514 $11,502,678 101,732 316 15 (b) Douglas J. Petersen 1914 3 Hanscom Federal Credit Union 25 Porter Road, Suite 100, Littleton 01460 (c) 800-656-4328 • www.hfcu.org $1,327,579,561 $11,296,420 88,107 227 21 David Sprague 1953 4 Webster First Federal Credit Union (d) 271 Greenwood St., Worcester 01607 800-962-4452 • www.websterfirst.com $976,994,009 $11,522,983 74,243 211 16 Michael Lussier 1928 5 St. Mary's Credit Union 46 Lizotte Drive, Marlborough 01752 508-490-8000 • www.stmaryscu.org $876,189,714 $4,219,999 60,370 117 8 James C. Garvey 1913 6 Leominster Credit Union 20 Adams St., Leominster 01453 800-649-4646 • leominstercu.com $706,489,736 $2,735,992 50,901 121 9 (e) John J. O'Brien 1954 7 Central One Federal Credit Union 714 Main St., Shrewsbury 01545 508-842-7400 • www.centralfcu.com $514,198,088 $3,701,279 33,779 99 9 (f) David L'Ecuyer 1952 8 IC Federal Credit Union 300 Bemis Road, Fitchburg 01420 800-262-1001 • www.iccreditunion.org $504,356,362 $2,760,376 34,753 93 8 Anthony Emerson 1928 9 GFA Federal Credit Union 229 Parker St., Gardner 01440 978-632-2542 • www.gfafcu.com $502,519,017 $1,992,610 28,676 85 9 Tina Sbrega 1938 10 Millbury Federal Credit Union 50 Main St., Millbury 01527 508-865-7600 • millburycu.com $348,194,555 $2,246,247 30,111 75 5 Joseph F. Barbato 1934 11 Southbridge Credit Union 205 Main St., Southbridge 01550 508-765-5454 • www.southbridgecu.com $186,345,741 $238,764 12,762 42 5 (g) Katherine Alexander 1938 12 Shrewsbury Federal Credit Union 489 Boston Turnpike, Shrewsbury 01545 508-845-6755 • www.shrewsburycu.com $154,488,631 $1,145,760 9,054 21 1 James Dupont 1960 13 Homefield Credit Union 86 Worcester St., North Grafton 01536 508-839-5493 • www.homefieldcu.com $152,585,158 $530,112 8,806 33 2 Karl J. Moisan 1966 14 MetroWest Community Federal Credit Union 200 Concord St., Framingham 01702 508-879-5522 • www.mwcfcu.com $100,709,888 $257,892 7,848 12 1 Joseph Mansour 1941 15 Athol Credit Union 513 Main St., Athol 01331 978-249-3527 • www.atholcreditunion.com $95,457,242 ($97,755) 7,192 19 2 Kevin J. Miller 1930 16 Worcester Credit Union 520 W. Boylston St., Worcester 01606 508-853-9966 • www.worcestercu.com $80,657,563 $230,540 7,159 20 2 (h) Karen Duffy (i) 1934 17 AllCom Credit Union 36 Park Ave., Worcester 01609 508-754-9980 • www.allcomcu.org $66,251,837 $403,089 4,574 12 1 Debbie Guiney 1922 18 Worcester Fire Department Credit Union 34 Glennie St., Worcester 01605 508-752-1122 • www.wfdcu.org $39,711,296 $39,857 1,948 5 1 Lisa Carmody 1937 19 Leominster Employees Federal Credit Union 24 Church St., Leominster 01453 978-534-0240 • www.leomefcu.org $18,269,222 $94,654 1,972 5 1 Thomas R. Clark 1936 20 Worcester Police Department Credit Union 805 W. Boylston St., Worcester 01606 508-799-7677 • www.wpdfcu.com $18,074,403 $52,168 1,135 5 1 Julie-Anne Przypek 1947 Workers Credit Union has begun building a new head- quarters in Littleton. Work is underway to reno- vate and expand a two-story building at 119 Russell St. into what will be the Fitchburg firm's new 60,000-square-foot offices. The building is a short distance from the retail center The Point and I-495's exit 31. The credit union said its existing Fitchburg location will remain, housing the company's mortgage and commercial lending divisions, collections, deposit support and loan-ser - vicing departments. The new office is expected to open next year with enough space for the credit union's senior management team and several administrative depart - ments, for an initial total of around 75 employees. The new space will accommodate the credit union's annual growth of 10-15% percent a year, and help the company consolidate operations now in five locations. Workers Credit Union, which has more than $1.6 billion in assets, has 15 branches from Lowell to Orange, including two in Fitchburg. It doesn't have any branches in Littleton, but plans to add one next to the new offices. The credit union bought the Littleton property in 2015 for $6.4 million from Littleton Office Center Associates LLP. - Grant Welker Workers Credit Union building new Littleton headquarters Doug Petersen, CEO, Workers

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