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 Central One in the Community

Central One Federal Credit Union Helps Can Drive

Central One Federal Credit Union in Shrewsbury donated two bags of cans to the annual Boy Scout Bottle & Can Drive.  The bottles and cans were collected and recyled for the Troop 114 fundraiser. 

Central One Federal Credit Union Assists Blood Drive

Northborough Assistant Branch Manager, Sue Darling, volunteered with the Northborough Rotary in their blood drive on October 4th.  They had a great turnout.

Central One Federal Credit Union Feels The Spirit

Central One Federal Credit Union attended the Spirit of Shrewsbury Septmber 27-28. Those that attended were able to enter for a chance to have fun in the Central One Federal Credit Union Cash Wind Machine! Those chosen to enter, one winner every hour from 11 a.m. to 2 p.m., entered the machine, and had a chance to win up to $250! The community also loved the Central One Federal Credit Union footballs that were passed out to children, and even adults, throughout the parade the next day. It was a great success!

Central One Federal Credit Union Goes to Applefest

Central One Federal Credit Union attended the Applefest Parade September 20.  It was unseasonalbly hot that day, but the community had a great showing.  Everyone Loved their Oakie tattoos that they received!

CEO David A. L’Ecuyer Honored with a 2013 Credit Union Heroes Award by Banker and Tradesman Publication

Central One Federal Credit Union which offers the highest quality products and services possible to both the Savers and the Borrowers, announced that its president and CEO David A. L’Ecuyer was recognized by Banker and Tradesman with a 2013 Credit Union Heroes Award for outstanding contributions to the credit union industry. Mr. L’Ecuyer received the award at a banquet held at the Omni Parker House, Boston, MA.

The Credit Union Heroes Award honors individuals who have made a widely recognized and significant contribution in advancing the credit union industry and their local communities. Mr. L’Ecuyer is receiving the award for his decades of contributions in the community credit union industry which includes working with more than 100 charitable and service organizations, from the Red Cross of Central Massachusetts, Veteran’s Inc., You Inc., Rotary Clubs, and the Councils of Aging, as well as state, local and national credit union leagues.

Mr. L’Ecuyer has held key positions at Central One Federal Credit Union over the years. He started at the credit union as a loan officer in 1990, he ascended to CEO in 1995, and has overseen the institution's growth from a closed shop open only to electrical and power plant workers to a community credit union with several branches and hundreds of millions in assets under management.

His philosophy for success is based around customer service. “We didn’t really have a growth goal when I started as president – it was really about making sure we had all the products and services to meet our members’ needs and were profitable, so that we could offer a certain amount of security to our members,” he said. “We make customer satisfaction the number one priority. I think a lot of people profess that, but what we do is we actually measure it.”

The customer service is measured via monthly credit union surveys that are sent out to random credit union members.  The results go directly to Central One Federal Credit Union board of directions.  As a result; “The answers to those questionnaires go directly to my bosses. I challenge you to find any bank in the country that would ask their customers what they thought of their bank and have the responses go directly to their board of directors. It’s certainly rare,” he said. Making sure Central One’s staff make customer satisfaction a top priority is something “we’ve been doing consistently for over 20 years, and I think it’s been a key driver of our success.”

Central One Federal Credit Union Opens Westborough High School Branch


Central One Federal Credit Union announced the Grand Opening of its Westborough High School branch on Monday September 16, 2013.   
“Central One Federal Credit Union is proud to bring our 62 year tradition of being a community-focused credit union to the students, faculty and staff of Westborough High School.” said Dave L’Ecuyer, CEO of Central One.  “We are excited about the partnership and anticipate the branch will help the school’s financial literacy program to prosper.”
Central One’s WHS branch will have student Tellers who receive educational credits while gaining work experience.  Students who become members of the credit union will gain experience to properly manage and safeguard their money without leaving the school campus.  The branch will be open each day the school is open between 11:30 a.m. and 1 p.m. The branch is not open to the public. 


Kind Words From our Friend, Steve Levine of Remax Prestige

Excerpt from Shrewsbury Latern Article. "They may not be the biggest bank in Central Mass, but they sure have had the biggest impact I’ve ever seen on the local Shrewsbury community. Proving once again that they are here to define themselves as great corporate citizens, President Dave L’Ecuyer announced they they were taking a lead role in helping Shrewsbury students once again, by donating $20,000 to help sponsor the Shrewsbury High School athletic program for the coming fiscal year. This is in response to the announcement a few weeks ago that the School Committee has finally voted to allow advertising on school property, and will be offering ad packages to corporate partners who are willing to help fund our programming needs. This is something long overdue that many people, myself included, have been trying to get on the board since the Tony Bent days, and it should be a great asset at a time when we need it most."

Link to Full Article

William G. Whitten Scholarship Award

Cara D'Anello was this years recipient of the William G. Whitten Scholarship Award, $1,000 Scholarship; which was presented by David L'Ecuyer, President, and Joan Day, Shrewsbury Branch Manager.  Cara applied for the scholarship by participating in the Massachusetts Credit Union League College Scholarship Program.  On behalf of Central One Federal Credit Union, we would like to extend our congratulations and our best wishes for a successful academic career to Cara.




 Northborough Branch Manager Donates Tree to Proctor School in Northborough

Northborough Branch Manager Kate Shaw recently assisted in a tree planting that was donated by Central One Federal Credit Union.  The tree planted is immune to the Asian Beetle and should grow to be fifty to seventy feet in five years time. This is the second tree donated to Proctor School due to many trees being broken during the Halloween Snow Storm of 2011.




Westborough Branch Manager Recognized by Girl Scouts 

Westborough Branch Manager David Kaiser recently received a Certificate of Community Support from the Girl Scouts of Central and Western MA. The award was in recognition of Central One’s allocation of the branch’s Community Room for meetings and for providing a location for cookie sales. In addition, Central One sponsored a recent Styrofoam recycling project that was orchestrated by Westborough Girl Scouts Kaleigh Wright and Bhargavi Ram. David also gives tours of the branch to local Scout troops.





Congratulations Auburn Middle School student, Kayla Causey

Kayla Causey, an 8th grade student at Auburn Middle School, recently received Honorable Mention for her participation in Massachusetts Credit Union League’s 2012 Essay Contest. The contest was open to all 7th and 8th grade students in Massachusetts and over 1,000 essays were submitted for consideration. For this year’s essay, students were asked to share an example of how their family has reached out to help other people. For Kayla, her family participates in the Buddy Walk to raise money and awareness for services and programs for kids with Downs Syndrome.
Photo: 8th grader Kayla Causey (center) is pictured with Auburn Branch Manager, Owen Russell (left) and Auburn Middle School English teacher Sarah Connell (right).


Children's Books Donated to Auburn Youth & Family Services

Auburn Branch Manager, Owen Russell, recently delivered over 125 children's books to Auburn Youth & Family Services. The books were collected during Central One's annual children's book drive that was held in April. The books were donated by Central One members and employees and include board books for toddlers, books for beginning readers, and chapter books for advanced readers. The books will be used at AYFS during after school and summer programs.

Photo: Sally D'Arcangelo, Executive Director of AYFS (left) with Owen Russell of Central One in the Children's Room at the AYFS facility.


Central One recognized as Champion of Education

Central One was recently recognized as a Champion of Education by the Corridor Nine Area Chamber of Commerce for our support of schools in our local area. This is the fifth time that Central One has received this award.

Photo: April Healey, Vice President of Retail Services accepted the award on behalf of Cental One. Pictured with April is (l to r) Karen Chapman, Chamber Vice President, Mark Donahue, Chamber Chairman, and Donna Cox, Chairperson of the School to Business Partnership 


2011 William G. Whitten award presented to Shrewsbury resident

Jack Simone of Shrewsbury was recently awarded the William G. Whitten Award. Jack graduated from Assabet Valley Regional Technical High School and will be attending Quinsigamond Community College in Worcester and is planning to pursue a degree in Nursing.

Jack became eligible for this award through his participation in the Massachusetts Credit Union League's scholarship program, and we wish him much success!

Pictured left to right: Joan Day, Shrewsbury Branch Manager, April Healey, VP of Retail Services, Jack Simone, and Mike Rooney, CFO of Central One. 


Pancakes Served Up in Auburn

The Rotary Club of Auburn recently held their 48th Annual Pancake Breakfast. The breakfast was held in the cafeteria of Auburn High School and Rotary volunteers organized events and cooked up the pancakes. Over 750 people came for breakfast and close to $7,000 was raised at the event, most of which will be given out by the Rotary Club of Auburn in the form of scholarships
Photo: Auburn Branch Manager & Rotarian, Owen Russell (left), along with Guest Flippers, Joe Gagnon (middle) and Sen. Michael Moore (right) work the grill at the Annual Pancake Breakfast.  

Central One donates funds to Westborough Youth & Family
Services for Hot Summer Nights program

Central One recently presented a check for $1,000 to John Badenhausen, Director of Westborough Youth and Family Services (WYFS) to help fund their Hot Summer Nights program for Westborough youth in grades 6 through 10.
The Hot Summer Nights program, founded in 1996, creates safe, supervised and substance-free recreational activities for teens during the summer months. “WYFS plays an important role in the lives of many Westborough families,” stated David Kaiser, Branch Manager for Central One’s Westborough branch. “We are happy to support their Hot Summer Nights program.” The funding will be used to provide bus transportation during the summer program. 
Pictured: David Kaiser, Westborough Branch Manager presents a check for $1,000 to WYFS Director, John Badenhausen.


Request for Credit Union Contributions

Thank you for turning to Central One Federal Credit Union for support our local community.  We are committed to supporting and strengthening our community and making it a better place to visit, work, and live. 

Please complete the following information and return with any supporting documents.


Due to the large number of requests daily; all requests for Credit Union Contributions must fill out the "Request for Credit Union Contribution Form" in order to be reviewed. We require a minimum two- week notice from the date of the request to the date of the funds are needed. 




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