UMassFive College Federal Credit Union is a credit union in Springfield, MA. As a non-profit cooperative financial institution, it is owned by and operated exclusively for the benefit of its members. The credit union serves the Pioneer Valley, with locations spanning Hampshire and Hampden counties and extending east to Worcester County. Services include specialty loans, mortgages, auto loans, and various checking and savings options, all backed by a 4.70 rating.
The institution operates with a mission to provide access to financial well-being for individuals, businesses, and local communities. As a member-owned cooperative, earnings are returned to members through competitive rates and benefits. Beyond standard banking, the credit union offers specialized sustainability loans for projects involving solar energy, heat pumps, and bicycle or fuel conservation. Their Commercial Services division, established in 2017, provides business owners with specialized local knowledge and lending options to support the local economy. Additionally, they provide automotive protection services, such as GAP Plus and mechanical repair coverage, to assist members with vehicle investments.
The credit union is located on Carew Street, situated within the Mercy Medical Center Rehabilitation Building. It is a short walk from the Gilman Health Sciences Library and is located near the intersection of Prospect Street and Chestnut Street.
Information regarding this institution is well-documented and easy to find online, with business details that are consistently available to the public.
UMassFive College Federal Credit Union remains dedicated to fostering financial well-being and supporting the vibrant communities of Springfield and the surrounding Pioneer Valley.