Regulation, Competition Drive Credit Unions to Merge
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.
Freedom Credit Union Adds In-House Investment Service Division
Springfield-based Freedom Credit Union is adding an in-house investment services division to its growing list of services, which it previously outsourced, according to BusinessWest.
Personnel File
Bankers, engineers and real estate professionals have been on the move in recent weeks. See who’s been hired and promoted in this week’s Personnel File.
Personnel File
Members of the real estate and banking industries were on the move recently. See who’s been hired and who’s been promoted.
Freedom Credit Union to Merge with West Springfield Federal Credit Union
Freedom Credit Union of Springfield has agreed to merge with West Springfield Federal Credit Union. Pending regulatory and member approvals, the merger should be completed by the end of the year, Freedom Credit Union said in a statement.
Personnel File
A range of companies are announcing changes to personnel in this week’s roundup.
Carmelinda Menas
Carmelinda “Melin” Menas believes so strongly in the credit union mission of service, that after moving to Western Massachusetts from Maine, she took a job at a bank and only lasted a couple of weeks before returning to the credit union fold.
Lynne M. Wallace
Lynn Wallace has a great phone personality. It’s easy to see how easily she dives into teamwork, both within a work environment and on the volunteer front – and to get all hands on deck to be eager to join her.
Top 3 Mortgage Lenders
Freedom Credit Union jumped four spots to No. 3 in...
