Finalized Merger Makes New Top-Five CU to Mass.
After finalizing its merger with Waltham-based RTN Federal Credit Union on Thursday, Merrimack Valley Credit Union is now one of the state’s five largest credit unions.
RTN FCU, Merrimack Valley Credit Union to Merge
Two of Massachusetts’ $1 billion-asset credit unions plan to merge, creating one of the state’s largest credit unions with a footprint spanning Eastern Massachusetts and out to Worcester.
Survey Finds Poor Service the Biggest Threat to Banks’ Customer Bases
Banks and credit unions trying to attract and retain new customers frequently worry about their technological capabilities, but a new survey suggests poor customer service is over three times as frustrating to their clients as poor technology
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.
Second Time’s the Charm: MVCU and BCU Approve Merger
Nearly eight months after first applying, the merger between Merrimack Valley Credit Union and Bridgewater Credit Union has finally passed. The deal will still require regulatory approvals and is not expected to be complete until early 2019.
MVCU and BCU Attempt Merger for Second Time
With its state charter now approved, Merrimack Valley Credit Union is pursuing its merger with Bridgewater Credit Union for the second time this year.
Merrimack Valley CU Membership Approves Charter Conversion
The membership of Merrimack Valley Credit Union has approved the institution’s proposal to convert from a federal to state charter.
MVCU/BCU Merger Efforts Derailed by Federal Court Decision
It’s not often that the effects of a federal court decision can be immediately seen at the local level.
Merrimack Valley CU to Change Charters
Merrimack Valley Credit Union has proposed to change its charter.
Merger Application for Merrimack Valley and Bridgewater CUs Withdrawn
A proposed merger that would have created one of the top 10 largest credit unions in the state appears to have fallen apart.
Merrimack Valley and Bridgewater Credit Unions to Merge
Merrimack Valley Credit Union is planning to absorb Bridgewater Credit Union in a proposed merger that will make the new entity one of the top 10 largest credit unions in the state by total assets.
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