The Worcester Police Department Credit Union (WPDCU) is a not-for-profit financial cooperative that has been serving the Worcester Police Department and their families since 1960. The credit union is dedicated to providing affordable financial services, excellent customer service, and financial education to its members.
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The History of WPDCU
The Worcester Police Department Credit Union was established in 1960 by a group of Worcester Police Department officers who wanted to create a financial institution that would provide affordable financial services to police officers and their families. The credit union started out small, with only a few members and limited financial products and services.
Over the years, WPDCU has grown to become a full-service financial institution with over 1,500 members and assets of more than $25 million. The credit union now offers a wide range of financial products and services, including checking accounts, savings accounts, loans, and credit cards.
Membership Eligibility
Membership in WPDCU is open to current and retired employees of the Worcester Police Department, as well as their immediate family members. This includes spouses, children, siblings, and parents of eligible members. Membership in the credit union is also open to members of the Worcester Police Relief Association and the Worcester Police Academy.
Financial Products and Services
WPDCU offers a range of financial products and services designed to meet the needs of its members. These include: check their official website which linked here.
Savings Accounts: WPDCU offers savings accounts with competitive interest rates and no minimum balance requirements. Members can open multiple savings accounts to save for specific goals or purposes.
Checking Accounts: WPDCU offers checking accounts with no monthly maintenance fees and no minimum balance requirements. Members can also access their accounts through online banking, mobile banking, and bill pay.
Loans: WPDCU offers a variety of loans, including auto loans, personal loans, and home equity loans. Members can apply for loans online, by phone, or in-person at the credit union.
Credit Cards: WPDCU offers credit cards with low interest rates, no annual fees, and rewards programs. Members can choose from a variety of credit card options, including cash back rewards and travel rewards.
Financial Education
WPDCU is committed to providing its members with financial education and resources to help them make informed financial decisions. The credit union offers financial education seminars, workshops, and online resources on topics such as budgeting, saving, credit management, and retirement planning.
WPDCU also offers a financial literacy program for young adults called the CU Succeed program. This program is designed to teach young adults about money management, budgeting, and credit, and it provides them with the tools and resources they need to make informed financial decisions.
Community Involvement
WPDCU is committed to giving back to the community it serves. The credit union supports local charities, non-profit organizations, and community events through donations and sponsorships. WPDCU is also involved in the Worcester Police Department’s community policing efforts, supporting events such as the National Night Out and the Police Department’s annual toy drive.
conclusion
the Worcester Police Department Credit Union has been serving the community for over 60 years with a commitment to providing affordable financial services, excellent customer service, financial education, and community involvement. With a range of financial products and services, including savings accounts, checking accounts, loans, and credit cards, the credit union is dedicated to helping its members achieve their financial goals. WPDCU’s commitment to financial education and community involvement sets it apart from traditional banks and makes it a valuable resource for the Worcester Police Department and their families. If you are eligible for membership, consider joining the Worcester Police Department Credit Union to take advantage of its excellent financial products and services.