20 Worcester Business Journal | Book of Lists 2017 | 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 2017
Name Assets
Annual income
(loss) for 2016
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
$7,983,890,884 $86,947,674 644,778 1,000 22 James Regan 1979
2
Workers Credit Union
815 Main St., Fitchburg 01420
978-345-1021 • www.wcu.com
$1,542,379,470 $13,140,873 92,676 235 16
1
Douglas J. Petersen 1914
3
Webster First Federal Credit Union
2
271 Greenwood St., Worcester 01607
800-962-4452 • www.websterfirst.com
$872,032,298 $10,955,544 67,288 201 15 Michael Lussier 1928
4
St. Mary's Credit Union
46 Lizotte Drive, Marlborough 01752
508-490-8000 • www.stmaryscu.org
$831,490,065 $4,294,383 57,328 113 7 James C. Garvey 1913
5
Leominster Credit Union
20 Adams St., Leominster 01453
800-649-4646 • leominstercu.com
$653,001,897 $1,957,727 53,234 126 9
3
John J. O'Brien 1954
6
IC Federal Credit Union
300 Bemis Road, Fitchburg 01420
800-262-1001 • www.iccreditunion.org
$518,983,123 $2,840,629 34,761 103 7 Anthony Emerson 1928
7
GFA Federal Credit Union
229 Parker St., Gardner 01440
978-632-2542 • www.gfafcu.com
$489,340,161 $2,040,911 28,050 81 9 Tina Sbrega 1938
8
Central One Federal Credit Union
714 Main St., Shrewsbury 01545
508-842-7400 • www.centralfcu.com
$459,012,516 $3,240,205 34,008 95 9
4
David L'Ecuyer 1952
9
Millbury Federal Credit Union
50 Main St., Millbury 01527
508-865-7600 • millburycu.com
$320,927,487 $906,893 28,445 77 5 Joseph F. Barbato 1934
10
Southbridge Credit Union
205 Main St., Southbridge 01550
508-765-5454 • www.southbridgecu.com
$181,672,596 $305,541 11,946 49 5
5
Katherine Alexander
6
1938
11
Homefield Credit Union
86 Worcester St., North Grafton 01536
508-839-5493 • www.homefieldcu.com
$144,220,278 $200,426 9,784 30 2 Lloyd L. Hamm Jr. 1966
12
Shrewsbury Federal Credit Union
489 Boston Turnpike, Shrewsbury 01545
508-845-6755 • www.shrewsburycu.com
$142,921,509 $785,694 8,909 22 1 James Dupont 1960
13
Athol Credit Union
513 Main St., Athol 01331
978-249-3527 • www.atholcreditunion.com
$104,484,294 $26,650 6,600 20 2 Kevin Miller 1930
14
MetroWest Community Federal Credit Union
200 Concord St., Framingham 01702
508-879-5522 • www.mwcfcu.com
$99,445,154 $138,778 8,315 12 1 Joseph Mansour 1941
15
Worcester Credit Union
520 W. Boylston St., Worcester 01606
508-853-9966 • www.worcestercu.com
$80,390,837 $207,089 7,306 19 2
7
Karen Duffy 1934
16
AllCom Credit Union
36 Park Ave., Worcester 01609
508-754-9980 • www.allcomcu.org
$68,750,239 $252,515 4,899 13 1 Debbie Guiney 1922
17
Worcester Fire Department Credit Union
34 Glennie St., Worcester 01605
508-752-1122 • www.wfdcu.org
$39,422,243 $38,442 1,948 5 1 Lisa Carmody 1937
18
Leominster Employees Federal Credit Union
24 Church St., Leominster 01453
978-534-0240 • www.leomefcu.org
$18,821,123 $135,752 2,064 5 1 Thomas R. Clark 1936
19
Worcester Police Department Credit Union
805 W. Boylston St., Worcester 01606
508-799-7677 • www.wpdfcu.com
$16,714,348 $20,051 1,106 5 1 Julie-Anne Przypek 1947
20
St. Vincent Hospital Credit Union
123 Summer St., Worcester 01608
508-363-9339 • www.svhcreditunion.org
$13,521,320 $10,534 1,724 2 1 Nancy M. Burbank 1973
Teamed with
Quinsigamond Community
College in February to pro-
vide job training and finan-
cial literacy training to help
long-term unemployed
workers develop job skills
and financial management
tools.
Had 101,642 new
members sign up in 2016
alone, bringing to 700 the
number of businesses and
organizations whose
employees bank there.
Net income for the year
hit nearly $87 million.
Paid out $3.3 million to its
members last year and
saw its assets grow by 14
percent, which it said was
the highest rate of any
credit union in
Massachusetts.
Saw net income more
than double last year to
nearly $4.3 million.
Assets rose by $54
million, and the credit
union made more than
5,000 loans.
Named its new permanent
CEO in March, choosing
Kate Alexander, who had
been filling the spot on an
interim basis. She joined
the credit union as chief
sales and retail officer in
May 2016.