Rates

Minimum $1 to open an account.

Minimum $5 to open an account.

Minimum $500 required. Early withdrawal penalty.

New Money Only is defined as deposits and investments not previously held by Worcester Credit Union (balances before offering will be reviewed and any amounts withdrawn upon start of special offerings will not qualify for special offers). Minimum deposit is just $500, there is a penalty for early withdrawal. Stated minimum opening deposits are the minimum balances required to receive stated APY’s. Simple interest Share Certificates that are 12 months or less will pay interest at maturity and Share Certificates that are greater than 12 months the interest will be paid annually and/ or maturity. Membership requirements apply and rate is subject to change without notice.

*Share Certificate Specials require ‘new money’ and are limited to one special account/term per owner by TIN. Any amount withdrawn from a Worcester CU account prior to special offering and brought in as 'new money' will not be eligible for special offers.  Early close out of existing Share Certificates also do not quailfy for special offers.  

Minimum $1 to open an account. Minimum $2,000 to avoid a fee.

*Minimum balance of $5,000 required.

Minimum $500 required. Early withdrawal penalty.

Simple interest Share Certificates that are 12 months or less will pay interest at maturity and Share Certificates that are greater than 12 months the interest will be paid annually. Membership requirements apply and rate is subject to change without notice. 

Please contact a Mortgage Specialist at 888-445-0089 for personalized assistance.  NMLS#1557

If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.

²Rates shown are “as low as” based on credit score of 751 or higher.

³ Savings Secured Loans – 3% above interest rate paid on the share certificate.

⁴APR = Annual Percentage Rate. Six-month 0% APR balance transfer offer for new cardholders only. After six months, 0% APR balance transfer rate converts to, as low as WSJ Prime plus 5.25% or higher, as of 3/28/23, currently 13.25% variable APR. Current Worcester CU MasterCards not eligible for 0% balance transfer rate. All loans are subject to credit approval. The fee associated with foreign transaction converted to US currency is 2%, the fee associated with transactions in US dollars completed outside the US is 0.80% WCU reserves the right to discontinue this promotion at any time without notice.  Rates are variable, tied to WSJ Prime Rate, and can change monthly. Other restrictions may apply.

Rates shown are “as low as” based on credit score of 751 or higher. All loans subject to membership & credit approval. Other rates, terms, and conditions may apply. Loan rates are subject to change at any time without notice. Normal underwriting guidelines apply.  Rate will vary by the term of loan, model year of collateral, & credit score. Rate is determined by your personal credit history.  Consumer type vehicles only at these rates. Commercial type vehicles will have increased rates.  

Rates quoted are for new Worcester CU loans only.  Worcester CU loans being refinanced please add .50% to applicable rate. 

Rates shown are “as low as” based on credit score of 751 or higher. All loans subject to membership & credit approval. Other rates, terms, and conditions may apply. Loan rates are subject to change at any time without notice. Normal underwriting guidelines apply.  Rate will vary by the term of loan, model year of collateral, & credit score. Rate is determined by your personal credit history.  Consumer type vehicles only at these rates. Commercial type vehicles will have increased rates.  

Rates quoted are for new Worcester CU loans only.  Worcester CU loans being refinanced please add .50% to applicable rate. 

Rates shown are “as low as” based on credit score of of 751 or higher.

Rates shown are “as low as” based on credit score of 751 or higher. All loans subject to membership & credit approval. Other rates, terms, and conditions may apply. Loan rates are subject to change at any time without notice. Normal underwriting guidelines apply.  Rate will vary by the term of loan, model year of collateral, & credit score. Rate is determined by your personal credit history.   

Rates quoted are for new Worcester CU loans only.  Worcester CU loans being refinanced please add .50% to applicable rate. 

100% LTV for credit score of 720 or higher.

Rates shown are “as low as” based on credit score of 751 or higher. All loans subject to membership & credit approval. Other rates, terms, and conditions may apply. Loan rates are subject to change at any time without notice. Normal underwriting guidelines apply.  Rate will vary by the term of loan, model year of collateral, & credit score. Rate is determined by your personal credit history.  Consumer type vehicles only at these rates. Commercial type vehicles will have increased rates.  

Rates quoted are for new Worcester CU loans only.  Worcester CU loans being refinanced please add .50% to applicable rate. 

• *Home Equity Line of Credit Introductory Annual Percentage Rate (APR) of 2.99% good for first twelve (12) months. Must take a minimum draw of $10,000.00 upon account opening. Maximum loan amount is $250,000. **Thereafter, the rate, including the rate on any existing account balance will convert to the applicable variable rate. Equity Lines of Credit are variable rates subject to increase after consumption, adjusting monthly to the Wall Street Journal (WSJ) Prime Rate minus 1.00% with a maximum APR rate of 18% with a floor of 7.00% APR. WSJ Prime Rate is 8.00% current for 3/28/2023. An early termination fee applies for equity lines of credit closed within 36 months of opening the line of credit. Maximum Loan to Value 80%. Offer applies to 1-4 family, owner-occupied primary residences only. Not available for homes currently for sale or intended to be sold within 6 months of closing. Offer available for new money only. Other restrictions apply. All loans are subject to credit approval. Offer may be withdrawn at any time. NMLS#491585
• An early termination fee of no more than $1,000 may be imposed to cover fees paid to third parties if the equity line is discharged within 36 months of the note date. Equity is determined by taking 80% of the property value and deducting the balance of any mortgages. If appraisal is required, the charge will range from $400 to $850. The minimum loan amount is $10,000. Property insurance is required. Worcester CU members must maintain a $5 membership share account relationship. All requests are subject to credit approval.
• *Special Intro rates - If you have recieved an introductory rate special loan during the preceding 36-month period, you are not eligible to recieve another introductory rate special loan and rate will default to the regular rate terms upon inception as set by the Prime Rate and Edge Home Equity line rate terms.