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Gustafson to Retire from SCU Credit Union

by Banker & Tradesman | Jun 15, 2022

Robert Gustafson, the longtime CEO of the former Crescent Credit Union, plans to retire on June 30.

RI Man Pleads Guilty to Bank Robbery Spree

by Banker & Tradesman | Oct 14, 2020

A Rhode Island man pleaded guilty in Boston federal court to five Eastern Massachusetts bank robberies within a seven-day period that ended in a high-speed chase.

Guilty Plea in Five Greater Boston Bank Robberies

by Banker & Tradesman | Mar 11, 2020

A Rhode Island man has pleaded guilty to robbing several Massachusetts banks and a credit union in 2018, a spree that ended with a high-speed car chase.

Five Lenders Launch Venture Fund to Help Brockton Entrepreneurs

by Banker & Tradesman | Mar 5, 2020

HarborOne Bank and four other local financial institutions have committed $1 million to a new fund that will provide low-interest loans to help businesses locate, expand and hire in Brockton.

Regulation, Competition Drive Credit Unions to Merge

by Diane McLaughlin | Dec 8, 2019

Massachusetts has fewer credit unions compared to last year, with more than a dozen institutions completing or planning mergers in 2019 under pressure from many of the same forces plaguing banks.

Sharon Credit Union and Crescent Credit Union to Merge

by Bram Berkowitz | Apr 24, 2019

Sharon Credit Union and Brockton-based Crescent Credit Union are planning to merge, to form a new entity with more than $1 billion in assets.

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