Workers Credit Union Certificate Deposit Rates Climb

Workers Credit Union recently increased its certificate of deposit (CD) rates.

“We are always striving to give our members additional value and our latest CD rates are great product for those who want a safe investment and competitive rates,” Doug Petersen, president and CEO of Workers Credit Union said.

The community-based credit union offers a variety of CD rates and terms, from three months to six years.

According to Petersen, credit union members are looking for high interest CDs, which are a safe investment with a guaranteed rate of return. The credit union’s CD rates are tiered based on the deposit amounts, $500 to $24,999 and $25,000 or more.

To learn more about high interest CDs, visit the credit union’s website.

Workers Credit Union, home of the over $3M GiveBack program, is headquartered in Fitchburg, Mass. With assets of $1.6 billion, the credit union serves over 96,000 members from sixteen offices in Acton, Chelmsford, Fitchburg, Gardner, Groton, Lancaster, Leominster, Lunenburg, Orange, Townsend, Westford and Workers Online at wcu.com.

Workers Credit Union’s Fantasia earns recognition

Workers Credit Union’s Mark Fantasia has been named one of 100 top bank advisors in the country by Bank Investment Consultant.

Fantasia is a registered investment representative for the community credit union. BIC’s national ranking looks at assets under management, production and growth to determine an advisors’ scores.

Fantasia joined the credit union in 2006 and holds FINRA Securities Series 7, 63 and 65 licenses and is Life and Disability licensed in the state of Massachusetts. He is a Chartered Retirement Planning counselor.

Bank Investment Consultant provides investment-related analysis and insights for 24,400 advisors and managers within the bank brokerage marketplace.

Workers Credit Union, home of the GiveBack program, is headquartered in Fitchburg, Mass. With assets of $1.6 billion, the credit union serves over 96,000 members from sixteen offices in Acton, Chelmsford, Fitchburg, Gardner, Groton, Lancaster, Leominster, Lunenburg, Orange, Townsend, Westford, Athol, and Workers Online at WorkersCU.com.

Workers Credit Union is Hiring

Community. Family. Education. Guidance. Laughter. Working at Workers Credit Union has provided me all of the above and so much more. There is no other company that offers its’ employees as much value to their careers and daily lives as Workers does.

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Free Financial Fitness Webinars

We’re very excited to announce our free webinars for October, November, December and January! Whether you’re an employee, member or friend, our webinars are packed with useful info, and are open to everyone. Just make sure to reserve your virtual seat.

Click here to Learn More

Workers launches Early Pay Day

The community credit union has rolled out ‘Workers Early Pay Day,’ which will directly deposit paychecks up to 24 hours earlier than normal.

“This is a great benefit. Those who have Workers checking account and a direct deposit paycheck will have faster access to their money, said Doug Petersen, president and CEO of Workers Credit Union.

According to Petersen, it is simple to set up ‘Workers Early Pay Day.’ If someone doesn’t have a Workers checking account, they can open one online or at any branch. The employee will need to arrange for direct deposit of their paycheck into the checking account.

“That is really it. The funds will be available up to a day before the company’s normal payday,” Peterson said. Additional information about the program can be found on the credit union’s website, www.wcu.com.

Worker Credit Union Notice

Workers Credit Union, Fitchburg, Massachusetts has petitioned the Massachusetts Division of Banks for permission to close a branch office at 200 Richardson Road, Chelmsford.  Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, Terence A. McGinnis, 1000 Washington Street, 10th Floor, Boston, Massachusetts 02118 no later than two weeks from October 31, 2017.

Workers Credit Union updates checking accounts and adds feature

Workers Credit Union has renamed its popular checking accounts, to better reflect their features and benefits.

“We are always striving to make banking easier and want the features and benefits of our products and services to align with their names,” said Doug Petersen, president and CEO of Workers Credit Union.

The new names include: Simple Checking, formerly known as Just Checking; Free Checking, previously called Student Checking; and High Interest Checking, formerly Xtreme Checking.

“Our members will still enjoy all the features connected to their account; we just updated the account names to better reflect what they’re all about,” Petersen said.

The credit union also added a new feature that allows everyday purchases made with their debit card, for those who opt into the program, to round up to the next dollar and have it transferred to their savings account.

“When a member enrolls into ‘Debit Roundup,’ it automatically saves money into their savings account. It is a great way to save money. For example, if a $4.45 purchase is made, $5 will be transferred from their checking account; $4.45 pays for the purchase and .55 cents is transferred into a savings account,” Petersen said.

All existing checking accounts will be renamed on October 2.

Identity Theft Solutions Webinar

Attend Our Identity Theft Solutions Webinar. We created a special webinar in September covering everything you need to know about fraud prevention and recovery. We are offering this webinar for FREE to help provide valuable information on Identity Theft solutions on Wednesday, September 20 from 5 to 6 pm EST Members can register here: http://bit.ly/2xiVYMn

Bolton Fair Opens August 11

Lancaster, Mass. – The 135th Annual Bolton Fair gets under way Aug. 11 at the Lancaster Fairgrounds, Route 117.

“The Bolton Fair is a tremendous tradition,” said Donna McCullen, branch manager for Workers Credit Union, which is a major sponsor of the event.

This popular regional fair offers animal exhibits, rides, games, craft and growers’ exhibits, hands-on experiences, demonstrations, a kids area, entertainers, a petting zoo, monster truck and demolition derby shows and countless attractions.

Visitors to the Bolton Fair can browse through the wares of many craft and commercial vendors or sample fresh-grown produce, homemade jellies and jams, as well as baked goods, in the Farmers’ Market. The Exhibit Hall will showcase hundreds of home-grown and handmade crafts and goodies. There’s also the fabulous country fair food court, offering several dozen food vendors. The bold-spirited may want to venture onto the popular midway, with its rides for all ages. Visit www.boltonfair.org for more information.

Dates:          Aug. 11 -13, 2017
Location:  Lancaster Fairgrounds, Route 117, Lancaster, Mass.
Cost:    Adults, $10; Seniors, $6; Age 5 – 12, $5; Military Personnel, $5; Age 4 and under Free. Multi-day passes are available.

Equifax Update

*Security Update*

If you are concerned your data may be part of the breach please contact Equifax at:

Equifax will help consumers determine if their information has been impacted and help those individuals sign up for free credit file monitoring and identity theft protection.  Their website also provides additional information on steps consumers can take to protect their personal information.

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