It’s official, our name has changed!  Moving forward, Woburn Municipal Federal Credit Union will now be known as Common Trust Federal Credit Union (CTFCU).

The name change was announced during our annual meeting on April 16th, but it has officially taken effect as of today, May 1st. After months of hard work, we decided on this name as well as our new tagline, “Familiar Faces Invested in You,” as it best represents our mission to be the trustworthy, friendly faces that guide our membership towards financial success.

As we continue to grow, the new name and tagline will help us to stay competitive in the ever-changing consumer finances industry. Along with this, the name CTFCU will be inclusive to our growing field of membership as we recently received approval for a community charter from the National Credit Union Association.

Our new charter allows us to serve “persons who live, work, worship, regularly conduct business in, or attend school in, and businesses and other legal entities located in a contiguous portion of Middlesex County, Massachusetts, consisting of Bedford, Belmont, Burlington, Concord, Lexington, Lincoln, Medford, Melrose, North Reading, Reading, Stoneham, Tewksbury, Wakefield, Wilmington, Winchester, and Woburn, Massachusetts.” Learn more about our community charter in our latest blog post.

Current members of the credit union can rest assured that our core values will not change along with the new name. We still have the same staff and personalized service that are a trademark of who we are. In addition, while our field of membership will be growing, the city of Woburn will continue to be our home.

Members can expect to see the name Common Trust Federal Credit Union replace Woburn Municipal Federal Credit Union on all of our signage from now on. However, members will be able to continue using their WMFCU checks and cards without a problem until it’s time to re-order or they receive a new one.

As you may have noticed, we have also launched a new and improved website today. We hope that you find the site is easier to navigate and to view on your mobile devices. We want to hear your feedback about the new website and encourage you to share your thoughts by filling out our survey.

We thank everyone who has been a part of our name change process, and we are excited to move forward from now on as Common Trust Federal Credit Union.