Leominster Credit Union
Beginning on Tuesday, January 19, 2021 our North Leominster Branch (1316 Main Street, Leominster) will go back to our regular Drive-Up Hours.
Monday, Tuesday, Wednesday, Friday from 8:30 to 5pm
Thursdays 8:30am to 6pm
Saturdays from 9:00am to 1:00pm.
Our Branch is open for appointments only. To make an appointment in our branch, please call 800-649-4646.
Stimulus Checks
The U.S Department of the Treasury’s Bureau of Fiscal Service as authorized by the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (“Act”), started printing and mailing Economic Impact Payments (EIP) checks on December 30, 2020 with a pay date of January 6, 2021. The latest information on Stimulus Checks can be found at www.IRS.gov/EIP
How can I find out if my check has been direct deposited into my account?
You can log into Online Banking from our website www.leominstercu.com, use our Mobile Banking App that can be downloaded from the App Store or set up Secure Alerts through our Online or Mobile Banking platforms. (Please note: due to high volume, our mobile platform is experiencing some intermittent disruptions.) Secure Alerts lets you know the moment something important happens in your account by instantly sending a message via text, email, or to your Online Banking message center. For more information visit, https://leominstercu.com/personal-banking/online-banking/#securealerts. Later this week, you may check the status of your payment at IRS.gov/GetMyPayment.
IRS Issued Checks/Debit Cards
If you don’t receive a direct deposit by early January, watch your mail for either a paper check or a debit card. The IRS will start mailing paper checks on Wednesday, December 30. To speed up delivery, a limited number of people will receive their second stimulus payment by debit card. But the form of payment for your second stimulus check may be different than your first payment. Some people who received a paper check last time might receive a debit card this time, and some people who received a debit card last time could receive a paper check.
The debit cards will be issued by MetaBank, and they will arrive in a white envelope that prominently displays the U.S. Treasury Department’s seal. The Visa name will be on the front of the card, and it will say “MetaBank” on the back. More information about these cards is available at www.EIPcard.com.
Fraud
Unfortunately there are individuals using COVID-19 to take advantage of others. Continue to be alert and don’t fall prey to panic or intimidation to do anything that may compromise your personal information. For useful information regarding Coronavirus related scams, please visit the Federal Trade Commission, https://www.ftc.gov/.
Due to the increase in calls regarding stimulus checks and account inquiries, we are experiencing higher than normal call volume and we appreciate your patience. We thank you for your continued loyalty and look forward to servicing all of your banking needs.
Please visit our website, www.Leominstercu.com for updates, current hours of operation, safety and security protocols and other important information.
Thank you,
Leominster Credit Union
Leominster, MA – Leominster Credit Union (LCU) held its first ever Virtual Annual Meeting on September 15, 2020. During this meeting John O’Brien, President & CEO of Leominster Credit Union announced that he will be retiring effective, November 30, 2020 after 13 years with LCU.
“I have enjoyed my 13 years at Leominster Credit Union as well as my 41 years in the banking industry. The last 7 ½ years as the CEO of LCU has been a very rewarding experience. I believe the Credit Union is in an excellent position, with a strong management team in place, solid results, excellent employee morale, and a strong vision. I feel very fortunate to be able to retire at a time that both works for me, and works well for LCU,” said John O’Brien.
Giulio Greco, Chairman of the Board said, “John is well respected throughout the credit union community and has been dedicated to giving back to non-profit organizations in the communities in which we live and work. He has been a strong asset to Leominster Credit Union, and we will miss his leadership.”
The Board of Directors appointed Barbara Mahoney as the next President & CEO to replace John O’Brien.
Mahoney joined the Credit Union on October 10, 2003 as Vice President of Human Resources. She was promoted to Senior Vice President of Human Resources in March of 2010 at which time she oversaw Human Resources, Training and Facilities. Since her promotion to SVP/Chief Operating Officer in January 2019, and she has been providing leadership, direction and vision for the Operations, Information Technology/Risk, Human Resources and Facilities functions.
Before joining Leominster Credit Union, Barbara was employed for 13 years at Allmerica Financial as Director of Human Resources and prior to that she worked for Bank of Boston.
“I am honored and humbled by the Board’s decision and very excited to take on the CEO role, representing and leading Leominster Credit Union. We have an exceptional team and I know through their passion and commitment we will continue to move LCU forward. John established an excellent foundation and I am confident we are positioned well, for continued success,” said Barbara Mahoney.
Barbara has had many professional affiliations within our community including, The North Central Massachusetts Chamber of Commerce, Economic Development Strategy Committee, Masshire North Central Workforce Board as the Executive Committee Chair, Employers Association of the Northeast Past Executive Committee Chair, HR Network and Cooperative Credit Union Association, New England Human Resources Association, Society of Human Resources Management, HR Council. Barbara currently serves on the Foundation Board for St. Bernard’s High School.
“Barbara brings experience, leadership, strategic vision and a passionate community connection that we feel are critical attributes that will help Leominster Credit Union to continue moving forward over the next several years,” stated, Giulio Greco, Chairman of the Board.
Barbara Mahoney
Effective, Thursday, October 1, 2020 we will be opening up the use of our coin machines. Coin machines are located at the following branch locations:
For the health and safety of our employees and members, we ask that you continue to follow the appropriate health guidelines when utilizing our coin machines by wearing a mask and gloves. We thank you for your cooperation.
For members who “cash out” or for non-members – a 5% fee will be assessed. Coin counter service is FREE to members when depositing full amount of change into your LCU account. Coin counter receipt is good only on the date coins were counted.
Due to recent events surrounding COVID-19, we understand there may be some of our members that will not be traveling as intended this season. Please contact our Member Service Center at 800-649-4646 to ensure we have the correct address on file so you will receive your statements and important tax documents.
In an effort to support the health and wellbeing of our members, employees, and communities, the 2020 Annual Meeting of Leominster Credit Union, which was postponed from April 21, 2020 will be held solely by remote communication, in a virtual-and teleconference format. Members will not be able to attend the Annual Meeting in person. The Annual Meeting will be held on Tuesday, September 15, 2020 at 5:00PM for the purpose of electing Directors, approval of consent agenda, approval of maximum loan amounts, and approval of the 2019 Board of Director expenses, and for the transaction of such other business as may properly come before the meeting. Minutes from the 2019 Annual Meeting and all committee reports can be found under the About Us section of this website. Registration instructions to attend this meeting can be obtained by sending an email to AnnualMeeting@leominstercu.com or by calling 800-649-4646.
