AllCom Credit Union is a member-owned, not-for-profit financial institution based in Worcester, MA, offering loans, savings accounts, and digital banking services to its members.
Data compiled from public sources · Rating from CreditDoc methodology
AllCom Credit Union is a federally-insured credit union headquartered at 36 Park Avenue in Worcester, Massachusetts, with NCUA insurance and routing number 211387017. The organization has been serving its community long enough to celebrate a 100th anniversary, indicating a century-long history of member service. As a not-for-profit, member-owned institution, AllCom operates under the credit union model where profits are returned to members through competitive rates and lower fees.
AllCom offers a comprehensive suite of consumer financial products including mortgage loans, home equity lines of credit, auto loans, personal loans, and recreational vehicle financing. On the savings side, members can access checking accounts, share/savings accounts, money market accounts, and certificates of deposit. The credit union also issues an AllCom VISA credit card and provides digital banking services including online banking, bill pay, mobile banking, digital wallets, and 24/7 telephone banking through AllCom Connexion. Additionally, AllCom participates in shared branching networks and surcharge-free ATM networks, expanding member access beyond their physical locations.
AllCom distinguishes itself through its commitment to digital accessibility and member education, actively working to improve its website's ADA compliance and publishing regular financial guidance through its blog and news section. The credit union demonstrates community engagement through initiatives like the 100 Mile Ruck March support and member appreciation events. They also stay current with regulatory changes, providing member education on topics like the 2025 federal auto loan interest deduction. The institution offers an Equity Builder Program alongside traditional mortgage products, suggesting specialized lending options.
As a traditional, full-service credit union with a physical branch presence in Worcester and access to shared branching networks, AllCom is best suited for members seeking relationship banking with competitive rates and lower fees typical of the credit union model. The main limitation is that membership may have eligibility requirements (common to credit unions, though not detailed on their website), and their physical footprint appears limited to the Worcester area without multiple branch locations listed.
Allcom processed 23 mortgage applications in 2023, approving 87% of applicants across 2 states.
23
Applications
87%
Approval Rate
$94K
Avg Loan
2
States Served
Based on 23 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Allcom is a registered company, headquartered in Worcester, MA, founded in 1922.
Membership approval and account opening typically takes 1-3 business days. Loan decisions are usually faster than traditional banks.
CreditDoc Diagnosis
AllCom is best for Massachusetts residents (particularly Worcester area) who qualify for membership and seek a traditional credit union offering comprehensive banking products with competitive rates and lower fees. The main caveat is that membership eligibility requirements are not detailed on their website, and the institution appears to primarily serve a regional rather than national membership base.
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