Our Money Management Officer, Kassandra, was great to work with. I do not think she could do better.
SFCU Member
About SFCU
Somerset Federal Credit Union is a not-for-profit financial cooperative that is owned by its members.
Our goal is to provide our members with the financial services they need along with the latest technology and the personal attention they deserve.
SFCU serves people who live, work, worship or attend school in Bristol County, Plymouth County & Barnstable County in Massachusetts; Bristol, Kent, Newport and Providence counties in Rhode Island; and the Rhode Island towns of Charlestown, Exeter, Hopkinton, Narragansett, New Shoreham, North Kingstown, Richmond and South Kingstown.
Yesterday
Inspired by financial cooperatives popular in 19th century Europe, credit unions caught on in America in the early 1900s. Somerset Federal Credit Union’s birth took place in 1936 at Panneton’s Drug Store. The community of farmers and working people came together and founded Somerset’s first financial institution, the “Somerset Community Credit Union.” Since banks of the day would lend only to property owners, the new Credit Union expanded access by loaning money to people based on their good character and proof of steady employment. The financial institution was later renamed “Somerset Federal Credit Union,” and was one of the first credit unions in Massachusetts to own and operate its own building at 1275 County Street.
Today
Now headquartered at 740 County Street in Somerset, Massachusetts, SFCU is proud to have more than 13,300 members, two locations and $235 million in assets. Under the leadership of a member elected Board of Directors, and dedicated Senior Management Team, SFCU continues to look towards the future by providing banking solutions for each generation we serve.
I have been a member for a very long time. I am always satisfied with whatever I need to do at the Credit Union. The staff is always accommodating and courteous. The hours of operation are also very convenient.
SFCU Member
Our Loan Officer, Arlene, was so nice to work with. Her knowledge of the loan process and her ability to listen for what we wanted in a mortgage made the transition go smoothly. A very nice experience.
SFCU Member
I was overall pleased with my experience. Jessica, our Money Management Officer, was easy going and very professional. She understood my circumstance, had compassion and a genuine, caring, pleasant persona for my situation.
SFCU Member