Worcester Business Journal

Book of Lists 2021

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24 Worcester Business Journal | Book of Lists 2021 | 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 March 2021 Name Assets Annual income (loss) for 2020 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 • dcu.org $9,850,411,641 $19,413,010 932,444 1,475 24 James Regan 1979 2 Workers Credit Union 119 Russell St., Littleton 01460 978-345-1021 • www.wcu.com $2,102,016,175 $6,883,511 110,899 323 16 Douglas J. Petersen 1914 3 Hanscom Federal Credit Union 25 Porter Road, Suite 100, Littleton 01460 (a) 800-656-4328 • www.hfcu.org $1,728,060,391 $8,612,449 90,981 242 22 David P. Sprague 1953 4 Webster First Federal Credit Union 271 Greenwood St., Worcester 01607 800-962-4452 • www.websterfirst.com $1,231,277,905 $9,937,062 85,034 206 16 Michael N. Lussier 1928 5 St. Mary's Credit Union 46 Lizotte Drive, Marlborough 01752 508-490-8000 • www.stmaryscu.org $972,059,581 $4,030,780 50,859 109 6 James C. Garvey (b) 1913 6 Central One Federal Credit Union 714 Main St., Shrewsbury 01545 508-842-7400 • www.centralfcu.com $685,189,105 $3,722,334 35,326 96 8 David L'Ecuyer 1952 7 GFA Federal Credit Union 229 Parker St., Gardner 01440 978-632-2542 • www.gfafcu.com $642,143,458 $3,722,334 30,547 88 11 Joshua Brier (c) 1938 8 Leominster Credit Union 20 Adams St., Leominster 01453 800-649-4646 • leominstercu.com $627,869,745 $1,991,269 46,940 125 9 Barbara Mahoney 1954 9 IC Federal Credit Union 300 Bemis Road, Fitchburg 01420 800-262-1001 • www.iccreditunion.org $583,481,980 $2,482,732 33,729 101 9 Chris Hendry (d) 1928 10 Millbury Federal Credit Union 50 Main St., Millbury 01527 508-865-7600 • millburycu.com $431,711,290 $2,752,348 32,535 78 5 Joseph F. Barbato 1934 11 Southbridge Credit Union 179 Main St., Southbridge 01550 508-765-5454 • www.southbridgecu.com $204,460,322 $213,034 12,192 39 6 Katherine Alexander 1938 12 Shrewsbury Federal Credit Union 489 Boston Turnpike, Shrewsbury 01545 508-845-6755 • www.shrewsburycu.com $192,632,268 $684,445 9,161 20 1 James Dupont 1960 13 Homefield Credit Union 86 Worcester St., North Grafton 01536 508-839-5493 • www.homefieldcu.com $165,489,547 $661,699 8,322 29 2 Karl J. Moisan 1966 14 MetroWest Community Federal Credit Union 200 Concord St., Framingham 01702 508-879-5522 • www.mwcfcu.com $124,797,684 $205,239 7,518 14 1 Joseph Mansour 1941 15 Worcester Credit Union 520 W. Boylston St., Worcester 01606 508-853-9966 • www.worcestercu.com $111,891,039 $558,602 6,885 16 2 Lisa Perrin 1934 16 Athol Credit Union 513 Main St., Athol 01331 978-249-3527 • www.atholcreditunion.com $82,109,237 ($24,185) 7,047 21 2 Courtney Fifield 1930 Sources: National Credit Union Administration (www.ncua.gov), credit union annual reports and websites. All information except 2020 annual income from March 31, 2021 call reports. (a) Address is for Littleton branch and operations center; main branch is located at 1610 Eglin St., Hanscom Air Force Base. (b) Larissa Thurston will take over as president and CEO effective October 1. (c) Replaced Tina Sbrega, who retired April 1. (d) Announced as new CEO Jan. 19, 2021. - Compiled by: Timothy Doyle, tdoyle@nebusinessmedia.com DCU CEO James Regan, who was a certified public accountant for much of his career, has been with DCU since 1991 and its CEO since 2008. In December, Workers Credit Union completed construction of a new 60,000-square-foot headquarters in Littleton. On Oct. 1, Larissa Thurston will take over as St. Mary's Credit Union's first female CEO. Central One Federal Credit Union in March expanded its membership region to all towns in Worcester County, and some in Middlesex and Norfolk counties. Leominster Credit Union in January gave $600 bonuses to all employees, labeling them as stimulus checks. Pictured is President & CEO Barbara Mahoney.

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