Workers Credit Union

Workers' Community & News

Workers' Credit Union has always been community-minded and supportive of civic, social, cultural and industry-related organizations that help to make our community a better place in which to work and live.

From groups that provide the basic necessities of food, shelter and medical care to children and families, to the arts, and to those that help to create jobs and commerce, Workers' Credit Union looks to direct its support through many diverse channels. Consideration is afforded to any nonprofit organization whose efforts are in some way tied to enhancing the quality of life in North Central Massachusetts.

Workers' Credit Union provides corporate funding and support to many organizations in and around the area. In addition, many Workers' employees are actively involved with numerous community efforts. Collectively, Workers' employees volunteered nearly 5,000 hours of their time to over 60 different organizations in the past year alone. Below is a list of 15 of those organizations:

• American Cancer Society
• American Red Cross
• Fitchburg Art Museum
• Fitchburg State College Foundation
• Massachusetts Credit Union League
• Mount Wachusett Community College
• Montachusett Regional YMCA
• Nashua Valley - Council Boy Scouts
• Nashoba Valley Chamber of Commerce
• North Central Mass. Chamber of Commerce
• Our Fathers Table Parish Church
• Special Olympics of Massachusetts
• Thayer Symphony Orchestra
• Twin Cities Community Development Corporation
• United Way of North Central Massachusetts

In the News

  Workers' Credit Union's
goodwill is boost to "Good-Wil"

Workers’ Credit Union’s Linda Lagoy presents a $2500 contribution to
Wil Darangelo for the “Good-Wil Initiative,” which will benefit 10 local charities.    

For Immediate Release  - The Good-Wil initiative, which will benefit 10 local charities through a 10-month series of jazz-infused performances at the Fitchburg Senior Center, received a $2500 contribution from Workers' Credit Union.

"The credit union's goodwill will help the Good-Wil initiative provide more resources to the charities that we are supporting," said Wil Darcangelo, the creator of the event.
  
The next event is scheduled for Sunday, October 12th and will benefit NEADS Dogs for Deaf and Disabled Americans located in Princeton, MA.  Tickets are $12 for adults and $8 for seniors and children under 12 and include an all-you-can-eat family-style brunch. 

Tickets can be purchased at City Hall, the Senior Center, 14 Wallace Ave, Fitchburg, or online at wildarcangelo.com

Teller to vice president
Lagoy's career spans three decades

 
Fred Healey, president and CEO of Workers' Credit Union, congratulates
Linda Lagoy on her thirtieth anniversary with the credit union.

Fitchburg, MA (November 7, 2008) - The year Linda Lagoy of Fitchburg went to work in the banking industry, the top single was "I Will Survive" by Gloria Gaynor. The year was 1978 and she has survived quite well, celebrating her thirtieth anniversary with Workers' Credit Union.

Lagoy joined as a part-time teller the then Cleghorn Credit Union in Fitchburg, which merged with Workers' Credit Union in 1980, which quickly promoted her to head teller.  "Linda is a true asset to the credit union and is always willing to go the extra mile for our members," noted Fred Healey, president and CEO of Workers' Credit Union.

Lagoy now oversees seven branch offices as a regional vice president. Her original hiring manager, Frank Bellafiore, who also stayed on after the merger and is still with Workers' Credit Union today, said that the Long Island, New York native originally only wanted part-time work.   

When asked how the industry has changed over her career, Lagoy noted that even though the credit union has grown so much, the philosophy remains the same. "We are here to serve our members and give back to our community. "
 

Workers' Credit Union launches 
online savings account

For Immediate Release - Workers' Credit Union recently rolled out an online savings account that offers nationally-competitive interest rates.

"This is a first for us, offering a product that you can only get online," noted Fred Healey, president and CEO of Workers' Credit Union.  "Since the cost of providing the product and service is lower, we can offer a higher rate than a traditional savings account."

While there are several national internet banking companies, the Fitchburg-based credit union is the first locally to offer an exclusive online savings account option.
 
Healey said one of the reasons it decided to offer the product is the changing consumer behavior. "As more and more people get comfortable with online banking it was a natural extension for our website,  which allows users to look at their balances, transfer money and pay bills."
  
There are no fees to open an account and one can be opened online in minutes.  In addition, there are no penalties for withdrawals and funds can be easily transferred from other financial institutions.

The current rate is 3.10% with a minimum deposit of $500.  More information can be found at wcu.com

Workers' Credit Union branches
to assist with food drive

Workers' Credit Union's Ivette Conway and Jennifer Lawrence at one
of the drop locations for nonperishable food items the credit union is collecting for local food pantries.

Immediate Release (November 13, 2008) - With many food pantries experiencing a significant increase in demand, Workers' Credit Union branches will be accepting food donations at several of its branches.

"We are hearing from many of the nonprofits that the demand for food and other basic items is up and their supplies are extremely low," commented Fred Healey, president and CEO of Workers' Credit Union.

The credit union is accepting nonperishable food item for Ginny's Food Pantry at its Leominster Water Tower Branch until Thursday, November 20th and Leominster Wal-Mart branch until Saturday, December 13th.  The Acton office is accepting food donations for the Acton Community Supper through Monday, November 24th.  The Fitchburg office on Main Street is accepting food donations for the Twin Cities CAC through Friday November 21st. And the Chelmsford branch is accepting food donations for the Merrimack Valley Food Bank.