Business Details
50+ Years
experience
Your Trusted Financial Partner in Somerset, MA
Somerset Federal Credit Union, established in 1936, is a member-owned financial cooperative dedicated to providing personalized financial services. With over 85 years of experience, we offer a wide range of products including checking and savings accounts, mortgages, personal and auto loans, and specialized services like Kasasa accounts and identity protection. Our mission focuses on community empowerment, offering financial literacy programs and supporting local initiatives such as scholarship programs and food drives. Governed by a member-elected board, we prioritize transparency, ethical practices, and member satisfaction.Our team of experienced professionals, including certified loan officers and financial advisors, ensures tailored solutions for individuals and businesses. With two branches in Massachusetts and 24/7 digital banking tools, we combine convenience with the personal touch of a local institution. Recognized for exceptional service, we remain committed to evolving with members' needs while maintaining the trust that has defined us for generations.
Services
Checking Accounts
Savings Accounts
Mortgage Loans
Personal Loans
Auto Loans
IRAs
Credit Cards
Identity Protection
Wire Transfers
Mobile Banking
Details
- Year established: 1936
Highlights and features
- 85+ years of trusted service in the community
- Member-owned cooperative prioritizing member needs over profits
- Comprehensive financial education programs like Banzai partnerships
- 24/7 TELLERphone and digital banking access
- Locally-based decision-making for personalized loan approvals
Associations and certifications
- National Credit Union Administration (NCUA)
What people say
Great service
Knowledgeable staff
Quick loan approvals
Personalized attention
Community involvement
Services
Checking Accounts
We offer multiple checking options including FREE Kasasa Cash Checking with rewards, TeenCents accounts for youth, and business checking. Our accounts feature no monthly fees with eStatements, surcharge-free ATMs, and integrated bill pay. Members benefit from personalized service and local decision-making for account management needs.
Mortgage Loans
Our mortgage programs include fixed-rate, adjustable-rate, and construction loans with competitive rates. Special programs like the Smart Start Homebuyer Program assist first-time buyers. The experienced mortgage team provides personalized guidance through the application process, with approvals available in under an hour for qualified applicants.
Personal Loans
We provide personal loans for debt consolidation, vehicle purchases, and other needs with fixed rates and terms up to 60 months. The 1-Hour Loan Approval process ensures quick decisions, and our loan officers work closely with members to structure payments that fit their budgets.
Financial Education
Through partnerships like Banzai Financial Literacy Education, we offer free resources to improve financial knowledge. Services include budgeting tools, credit score monitoring with Kasasa Protect, and community workshops focused on responsible money management for all age groups.
Digital Banking
24/7 access includes mobile deposit capture, bill pay, Zelle transfers, and account management through our app. The TELLERphone system provides automated assistance after hours, while secure online portals allow members to monitor accounts and manage financial products from any device.
People
Kassandra
Money Management Officer
Experienced financial advisor specializing in personalized account management and loan solutions. Known for exceptional customer service and commitment to member financial success.
Arlene Fortin
Loan Officer
Mortgage expert with deep knowledge of loan processes and dedication to helping members achieve homeownership goals through tailored solutions.
Jessica
Money Management Officer
Professional financial advisor recognized for compassionate approach and ability to understand unique member circumstances during account management.
Questions
What areas does Somerset Federal Credit Union serve?
We serve residents, workers, and students in Bristol, Plymouth, and Barnstable counties in Massachusetts, plus four Rhode Island counties and select coastal towns.
Can I open an account online?
Yes, qualified individuals can open checking, savings, and Kasasa accounts online with valid ID and Social Security Number.
What loan products are available?
We offer mortgages, personal loans, auto loans, HEAT energy loans, and specialized programs like Reverse Christmas Club Loans with competitive rates.
Is my money safe at SFCU?
Yes, all deposits are federally insured up to $250,000 through the National Credit Union Administration (NCUA).
What digital banking options exist?
Access 24/7 mobile banking with deposit capture, bill pay, Zelle transfers, and account management through our secure app and online portal.
How does SFCU support the community?
We sponsor local events, provide financial education through Banzai partnerships, and offer scholarships while supporting annual food and toy drives.
Reviews (5)
Steve Pardini
Aug 20, 2021
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Amazing Credit Union with people who answer your calls and questions. Best banking and loan experience Ive had.
Joseph Morra
Jul 10, 2021
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I have been a customer with St. Dominic's for several years now and I enjoy dealing with the professionalism in this credit union . on 07/11/2021 I applied for a new car loan , the process was painless and Jayne was wonderful to work with .
thank you
Joe M
thank you
Joe M
Sasha Werthessen
Jun 25, 2017
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I have been with this bank for about 6 years now an all i can say is they're like family. All of the employees are polite, and helpful. Definitely the best bank i have ever had! I highly Recommend them!
Rebecca Dozois
Dec 08, 2015
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Best bank.. great environment, the staff is tge best always has.. I've been going there for about 17 years now and I never plan on leaving.
Raymond Lynch
Sep 23, 2013
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I've been a client of the bank for a number of years and couldn't be more pleased with the staff and services. They really go out of their way to take care of their members. In this day and age when businesses are arrogant and impersonal, St. Dominics is maintaining the personal touch with their members. I can't say enough good things about them. If you want to bank where they greet you with a smile and know your name, St. Dominics is the place.
