Official Credit Union of UMass Athletics

Official Credit Union of UMass Athletics

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Archive for February 2016

Hadley Branch Construction - First Week of March

By Cait Murray.

As many of our local members are seeing, each day brings new and exciting changes to our Hadley branch! New flooring, ceiling, furniture, and technology are slowly finding their place within the branch. In other good news, the member restrooms are now back in service!

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UMassFive 2016 Board of Directors Election

By Craig Boivin.

As a member-owner of UMassFive you have one share of the Credit Union, which allows you to vote for our volunteer board of directors. This is referred to as Democratic Member Control, and is one of the seven Cooperative Principles that guides UMas...

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Market Month January 2016

By Craig Boivin.

The start of 2016 for the equities markets may be described as rocky at best. Stunted by receding oil prices and a plummeting Chinese stock market, January began with stocks hitting the skids in a big way. A late-month rally fueled by an about-face in oil prices, some favorable earnings reports, the prospect of further stimulus from the European Central Bank, and Japan dropping interest rates to negative numbers spurred stocks higher toward the end of the month, but not enough to lift each of the indexes listed here out of negative territory year-to-date. The Russell 2000 and Nasdaq still have the most ground to make up to get to even, while the large-cap Dow and S&P 500 are about 5.0% off their values at the end of 2015.

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. 

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UMassFive Premiers Mass Solar Loan

By Cait Murray.

UMassFive College Federal Credit Union, in partnership with the Massachusetts Department of Energy Resources (DOER) and the Massachusetts Clean Energy Center (MassCEC), is proud to be one of the first lenders to support the Mass Solar Loan program...

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