Mass. Credit Union Plans CT Expansion
Make that two financial institutions based in Holyoke that are making moves in the Hartford, Connecticut area.
Supreme Court Lets Field of Membership Expansion Go Ahead
The United States Supreme Court declined on Monday to review a lawsuit by the American Bankers Association against the National Credit Union Administration, upholding a 2016 rule change affecting field of membership.
Freedom Credit Union Adds Connecticut Counties to Membership
Springfield-based Freedom Credit Union has expanded its field of membership to include Hartford and Tolland counties in Connecticut.
Tremont Credit Union Now Open to MassBio Members Following Deal
Tremont Credit Union received approval from the Massachusetts Division of Banks to add the Massachusetts Biotechnology Council (MassBio) to its field of membership. In addition to employees of MassBio, the expansion includes employees of the not-for-profit organization’s 1,200 member companies throughout Massachusetts.
Align CU, Tremont CU Seek to Expand Field of Membership
Two credit unions have applied to the Massachusetts Division of Banks to expand their field of memberships.
Chelsea Credit Union Expands Membership into New Hampshire
Metro Credit Union is expanding its field of membership.
NCUA to Consider Contentious CU Field of Membership Rule
The National Credit Union Administration on June 21 will consider a final rule regarding field of membership, a move that bankers are fiercely opposed to.
Federal Judge Strikes Down Two Provisions in NCUA Field of Membership Rule
A federal judge has struck down two provisions in a National Credit Union Administration that makes it easier for credit unions to further expand their membership. The ruling will be seen as a partial victory for the banking industry, which strongly opposed the rule.
