Two Credit Unions Plan A Mass Together

merger

WALTHAM, Mass.–Members of the $7-million Hudson Municipal Employees Credit Union have voted in favor of merging into the $860-million RTN Federal Credit Union here. The merger will be effective on March 1.

“This is an exciting opportunity to expand RTN’s branch footprint, and grow our membership base,” says RTN Treasurer and CEO Richard Wright. “Our new members in Hudson will continue to be served by familiar staff, and enjoy access to more products and services with added convenience in the coming months. We look forward to a secure and promising future for our members, employees, and affiliates.”

The merger will mean a broader product and service selection for the HMECU members, according to RTN FCU.

“We are excited to offer members lower fees, more branch access, and greater convenience with the same individualized attention,” says Nancy Boire, HMEFCU Treasurer and CEO. “Staff and leadership are committed to a seamless transition so that members can conduct business as usual.”

RTN FCU has more than 50,000 members, with membership open to employees and families of more than 650 sponsor groups.

Section: Standard
Word Count: 241
Copyright Holder: CUToday.info
Copyright Year: 2019
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URL: http://www.cutoday.info/Fresh-Today/Two-Credit-Unions-Plan-A-Mass-Together