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WELCOME to the UMassFive College Federal Credit
Union web site.
As an independent cooperative financial institution
owned by and operated for the benefit of our members, our mission
is to deliver financial services of the highest quality and value.
In 1967 UMassFive was organized to serve employees
and their immediate family members, of the University of Massachusetts
System. In 1971 Amherst, Hampshire, Mount Holyoke, and Smith Colleges
were added to the field of membership. Since the start ofUMassFive,
we have grown from a one room operation, on the UMass Amherst campus,
to a full-service financial institution.
Why join the credit union? It's simple! As a member, you are an
owner. We are a member owned, not-for-profit, cooperative financial
institution. This gives us the ability to pool our savings, lend
to one another, and own the organization where we save, borrow,
and obtain other related financial services. You, as a member, decide
how our organization is run by participating in the election of
our Board of Directors, who are all volunteers. All members have
an equal voting right, ensuring that ownership and control of the
credit union is always retained by the members.
Your money is safe here at theUMassFive College Federal
Credit Union. For your peace of mind, your money on deposit is fully
protected and insured. All accounts under one Social Security number
are insured up to $100,000.00. Your IRA account is also separately
insured in the same way up to $250,000.00. We are chartered by the
National Credit Union
Administration (NCUA), a federal agency, and we are audited
annually.
For questions or assistance, please contact a Representative
or email us today!
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