UMassFive College Federal Credit Union operates as a nonprofit financial cooperative serving eligible members across its service areas. Established to provide member-owned banking services, the organization emphasizes democratic governance, where each member holds a voting stake in key decisions. Its structure supports common financial functions within a regulated framework designed to protect member deposits and ensure prudent financial management.
The credit union offers standard deposit accounts, loan products, and related financial services within the boundaries set by federal and state oversight. Its history is intertwined with the cooperative banking model that prioritizes member welfare and community access to financial services. Operationally, UMassFive coordinates through centralized administrative processes and branch networks to deliver equitable access to financial products, while maintaining compliance with applicable banking laws and regulations. The organization’s scope includes participation in community-oriented activities and partnerships that align with its mission to provide affordable financial services to its eligible membership.
Address
Mercy Medical Center, Rehabilitation Building, 233 Carew St Room 110, Springfield, MA 01102
Phone
(413) 25 65 500Website
umassfive.coopBetter than 85% of providers in Springfield
In addition to the primary service, UMassFive College Federal Credit Union also offers:
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UMassFive College Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
UMassFive College Federal Credit Union is listed as a financial service provider in Springfield, MA and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask UMassFive College Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from UMassFive College Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare UMassFive College Federal Credit Union with other providers in Springfield and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
UMassFive College Federal Credit Union has a rating of 4.7, which is better than 85% of providers in Springfield.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents UMassFive College Federal Credit Union requests. It is always best to call ahead using the phone number on this page so UMassFive College Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, UMassFive College Federal Credit Union also offers: Credit union, ATM, Bank, Business banking service, Financial institution, Financial planner, Mortgage lender, Non-profit organization.