As a credit union member, your member-owner status is represented by the shares you save at Woburn Municipal FCU. That’s why we call your savings account a Regular Share Savings Account. You must open this account with an initial minimum deposit of $25.00, and maintain that balance to remain a member in good standing.

All Credit Union Savings Accounts and IRAs earn dividends when a minimum balance of $50.00 is maintained. Share Accounts earn money from day-of-deposit to day-of-withdrawal. Dividends are distributed quarterly. Your funds are insured by the NCUA. And you receive the service you deserve.

You may open other Share Accounts for specific savings purposes like education, taxes, vacations, or special purchases. To open another Share Account for any purpose, visit or contact us.

  • Required to establish membership in WMFCU
  • $25.00 minimum opening deposit
  • Convenient free payroll deduction through your employers
  • Dividends are compounded daily and paid quarterly
  • Voting privileges at the Annual Member Meeting

Looking for more information? Complete the form below and we will contact you!







WMFCU Donates $500 to the Council of Social Concern

Apr 19th, 2019

Woburn Municipal Federal Credit Union (WMFCU) is pleased to announce the donation of $500 to the Council of Social Concern in Woburn. The donation comes following WMFCU’s social media “like” campaign in which WMFCU pledged to donate $1 for every like received on their social media pages throughout the months of February and March.  On […]

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Re-Cap of Our 52nd Annual Meeting & Our Big News!

Apr 17th, 2019

If you couldn’t make it to our annual meeting, don’t worry. Here is everything that you should know about what we covered last night. Our Name is Changing Last night we officially revealed that we will be changing our name from Woburn Municipal Federal Credit Union to Common Trust Federal Credit Union (CTFCU), effective on […]

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5 Reasons Why Financial Literacy Should be Taught from a Young Age

Apr 3rd, 2019

Despite improvements in banking technologies, many Americans are still unaware of how to manage their finances properly. In fact, only 48% of Americans were able to answer at least half of a set of financial literacy questions correctly. Even worse, less than 25% of millennials were able to answer basic financial wellness questions. So, how […]

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Savings Rates

Name APY Accrued Dividend Rate Minimum Balance
Regular Share .05% Monthly .05% $50 - paid Monthly
Holiday Share .05% Monthly .05% $50 - paid Monthly
Vacation Share .05% Monthly .05% $50 - paid Monthly
All Purpose Clubs .05% Monthly .05% $50 - paid Monthly

APY - Annual Percent Yield. Rates are subject to change without notice.

*APY - Annual Percent Yield. Rates are subject to change without notice.