Banking that’s fully insured

Your money is safe at Webster First

Looking to open a new account or switch where you bank? Turn to the credit union rated 5-stars (Superior)8 by Bauer Financial9 where your deposits are fully insured.

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Insured by NCUA up to $250,000, additional amounts insured by MSIC

The National Credit Union Administration (NCUA), a U.S. Government Agency, insures member deposits for up to $250,000. The Massachusetts Credit Union Share Insurance Corporation (MSIC) insures additional amounts. MSIC fully insures excess shares and deposits above the federal insurance limit of $250,000 at ALL of its member credit unions.

Read our article How does deposit insurance work? for more details.

How to join

If keeping your money safe is important to you, joining is easy! Simply make sure you meet our membership requirements below and open your account online or in branch.

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You are eligible to join Webster First if you live, work, worship, or attend school in Essex, Middlesex, Suffolk, or Worcester County of Massachusetts.

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Businesses and other legal entities located in Worcester, Essex, Middlesex, or Suffolk Counties, Massachusetts are also eligible to join.

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Additionally, you are eligible if you are a current Webster First employee, are a volunteer in the community, or are the spouse of someone who died while within the field of membership.

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Members of the immediate family or household, and organizations of anyone meeting these qualifications are also eligible to join.

Earn more for your money with our certificate special

For a limited time only, we’re offering a special on select certificates so you can earn even more for your money. Open your certificate online or at your local branch today to lock in these rates:

9 month certificate up to 5.02% APY**

15 month certificate up to 5.23% APY**

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Additional accounts you may be interested in

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Primary Share Savings Account

Our Primary Share account is basic savings, upgraded. Enjoy added features and ultimate flexibility.


Open Primary Share

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First Advantage Checking

Compliment your certificate with our free flagship checking account.


Open First Advantage Checking

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Money Market

Earn more when you save more with our Money Market options and make your money go further.


Open Money Market

Award-winning service

Rated 5 Stars by Bauer

2022 Winner: Best of Central Mass

2022: Banker & Tradesman Top Lender

2021 Winner: Best of Central Mass

Why choose Webster First?

Smart money decisions are in our DNA

Webster First is one of the most well capitalized credit unions in Massachusetts as a result of our hard work and determination to make the best possible financial decisions. With our experience and dedicated team, we’re confident we can help your business make the right financial decisions too.

Local, neighborly know-how

Our roots are in Massachusetts, opening our first branch in the small town of Webster back in 1928. Since then we’ve grown to over $1.2 billion with over 80,000 members who trust us with their banking. Since our banking team is locally grown too, they personally care about the success of their local businesses and community.

Authenticity you can trust

As New Englanders, we believe in being upfront and honest. You can expect straightforward answers to all your questions. Each relationship starts with trust and it’s the cornerstone of our acclaimed member service.



**APY = Annual Percentage Yield. APY is accurate as of August 17, 2023. Penalty may be imposed for early withdrawal. Fees may reduce earnings. Minimum balance to obtain these rates is $1,000 and cannot be transferred from an existing Webster First Federal Credit Union account. Term of the advertised rates are 9 months and 15 months. Rates subject to change. Limited time offer.