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94 W o r c e s t e r 3 0 0 : C i t y o f I n n o v a t o r s B uilt on the spirit of "We've got you," Southbridge Credit Union is working tirelessly to strengthen the quality of daily life of their members. Driven by a top-notch customer experience, robust financial products, and a deep-rooted belief in community citizenship, SCU delivers value to its members and the communities it serves every day. Headquartered in Southbridge, SCU is an independent, local, and full-service credit union with branches in Auburn, Fiskdale, and Sturbridge. At the core of everything SCU does is a belief that doing good in the community fosters growth from within. Here, members can take out a new mortgage, purchase an auto or recreational vehicle, refinance any existing loan, and even open a home equity line of credit (HELOC) to provide a low-interest option for homeowners' expenses. Southbridge Credit Union also offers a unique Advantage Home Equity Line of Credit, allowing members to borrow up to 100% of their home's value! And when borrowing from SCU, members never have to worry about their loans being sold, all products start and remain locally serviced. e SCU team walks members through the applicable options, ensuring the right products are matched to the need. SCU is committed to finding the best products for their members, offering competitive rates and to ultimately help build a better community for all. Over the last few years, SCU has focused on fostering the commercial side of the credit union. ey have formed hundreds of local business relationships with a commercial loan portfolio of $38 million. SCU's commercial member niche is helping to find competitive loan products to finance their business needs, and investing in products to help their businesses grow. A big factor of SCU's culture is kindness and building a community where everyone matters and people are seen. ree years ago, the SCU Kindness Campaign le many eyes teary when employees found local heroes with an impactful story and thanked them with a gi card. e Campaign still lives on touching the lives of Central Massachusetts residents, oen unplanned and random, whether they are members or not. As actual members of the community— coaches, friends, neighbors—SCU thrives on flexibility, integrity, respect, and trust. As an active mother of 4, CEO Kate Roy believes in the power of building a strong community. Over the years, Kate has served as a youth sports coach, a member of school committee, and a board member to various local organizations. She encourages volunteerism among her employees as well, as they too are vested in community. SCU's work in the community never rests. rough various partnerships with local organizations, they sponsor Pet Adoption days, School Supply Drives, Book Drives, Toy Drives, Charity Golf tournaments, College Scholarships, Holiday raffles, and even Cops 'N' Kids events that serve beyond membership. Last year alone, SCU donated more than $7,000 to local scholarship drives. rough the pandemic, SCU continued to build upon best-in-class products to serve members' banking needs, with over 50 PPP loans originated for local businesses at $2,600,000, ALL of which have been fully forgiven. e employees of SCU worked tirelessly to serve the membership in a safe, seamless fashion. For over 80 years, Southbridge Credit Union has been woven into the fabric of the community, and the future looks even stronger. n SOUTHBRIDGE CREDIT UNION: Local roots. Lead with Principles. 179 Main Street Southbridge, MA 01550 877-451-7214 www.southbridgecu.com Kate Roy, CEO Year Founded: 1938 "When borrowing from SCU, members never have to worry about their loans being sold, all products start and remain locally serviced." S P O N S O R E D P R O F I L E S