Deposit & Checking Accounts
(minimum $5 to open an account)
(Effective: Thu. December 3, 2020)
Type APY** Interest Rate*
Savings 0.05% 0.05%
Club Accounts 0.10% 0.10%
Basic Checking 0.00%  
Preferred Checking
(Minimum balance of $500 required.)
0.05% 0.05%
Money Market
(minimum $1 to open an account, minimum $2,000 to avoid a fee)
(Effective: Thu. December 3, 2020)
Type APY** Interest Rate*
Money Market ($.01-$19,999.99) 0.05% 0.05%
Money Market ($20,000-$49,999.99) 0.15% 0.15%
Money Market ($50,000-$99,999.99) 0.25% 0.25%
Money Market (Over $100,000) 0.30% 0.30%
Certificate of Deposit*
(Effective: Thu. December 3, 2020)

Call 508.853.9966 to lock in at these great rates!

Type APY** Interest Rate*
6 Month CD 0.45% 0.45%
12 Month CD 0.75% 0.75%
15 Month CD SPECIAL*** (new money only) 0.90% 0.90%
24 Month CD 0.85% 0.85%
36 Month CD 0.90% 0.90%
*CD = Certificate of Deposit. APY = Annual Percentage Yield. New Money Only is defined as deposits and investments not previously held by Worcester Credit Union. 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 CDs that are 12 months or less will pay interest at maturity and CDs that are greater than 12 months the interest will be paid annually. Membership requirements apply and rate is subject to change without notice. ***CD Specials require ‘new money’ and are limited to one special account/ term per owner by TIN.
IRA Certificate of Deposit*
(Effective: Thu. December 3, 2020)
Type APY** Interest Rate*
12 Month IRA 0.75% 0.75%
24 Month IRA 0.85% 0.85%
36 Month IRA 0.90% 0.90%
*Minimum-$500 *Early withdrawal penalty
IRA Accounts
(Effective: Thu. December 3, 2020)
Type APY** Interest Rate*
IRA Savings 0.05% 0.05%

*Deposit interest rates may be subject to change without notice and may change after account opening. Fees could reduce earnings on account. Stated minimum deposits are the minimum balances required to receive the stated APY’s.
** Annual Percentage Yield – for Deposit Accounts
*** Annual Percentage Rate – for Loan Accounts