Business View Magazine | January 2021

255 BUSINESS VIEW MAGAZINE JANUARY 2021 I n the early 1900s, Fitchburg, Massachusetts was home to a healthy population of immigrants from Finland. Among them was John Suominen, who owned a successful local printing company. Suominen was concerned about the economic welfare of his fellow immigrants from Finland, so in 1911, he met with state officials about launching a credit union for his countrymen. Three years later, a charter was granted for Workers Credit Union, which declared that the board of directors could only recommend members who were “honest, industrious, and of good habits.” There was no difficulty finding such people then, and that holds true to this day. Douglas Petersen, President & CEO of Workers CU, shares, “We were formed in 1914, which makes us the fifth or sixth oldest credit union in the country and we’re very proud of that long history. To this day, Workers has continued to expand, while staying with our founding premise of improving the daily lives of our members. Our membership has grown and diversified through the years and we’re proud to be a credit union that supports our entire community.” AT A GLANCE WORKERS CREDIT UNION WHAT: Progressive, member-focused credit union WHERE: Headquartered in Fitchburg, Massachusetts WEBSITE: www.wcu.com WOR K E R S C R E D I T UN I ON Strength & Trust