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!
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Thanks to a $4,000 donation from Woburn Municipal Federal Credit Union, nine students from Woburn Memorial High School will have the opportunity to attend DECA’s state competition this March. DECA is an international organization that prepares students to be business leaders and entrepreneurs through competitions, conferences, and professional development. The Massachusetts’ state competition, being held […]
WMFCU is excited to introduce our like campaign in support of Woburn’s Council of Social Concern. 2019 marks the 50th anniversary of the Council of Social Concern and to give back, we are pledging to donate $1 for every new like or follow we receive on our Facebook and Twitter pages. The like campaign will […]
|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.