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
