Official Credit Union of

Official Credit Union of

Credit Union Difference Community Hands

The UMassFive Difference

Being a non-profit financial co-operative means UMassFive operates as an association of people coming together for a common purpose. Members pool deposits then loan those deposits to other members. The seven co-operative principles guide all that we do and helps define our culture and promise to you, the member.

What This Means For You

• By having an account at UMassFive you are a member-owner of the Credit Union.
• You have one share of the Credit Union which allows you to vote for our volunteer board of directors.
• As a member in good standing, you are allowed to run for the volunteer board of directors.
• All the profits of the Credit Union are returned to you, the member in the form of higher dividends, lower loan rates and fees, and improved services.

Co-operative Principles

• Voluntary and Open Membership
• Democratic Member Control
• Member Economic Participation
• Autonomy and Independence
• Training and Information
• Co-operation among co-operatives
• Concern for community

For questions or assistance, contact a friendly UMassFive representative today!