Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Two Mass. CUs get state OK to merge
BOSTON (7/11/12)--Massachusetts' state credit union regulator has approved the merger of Boston-based Massachusetts State Employees CU into Chelsea-based Metro CU.

The Division of Banks in the Office of Consumer Affairs and Business Regulation said in its June 29th Activity Report that it granted permission on June 12 for the two to merge, with Metro continuing as the surviving credit union. State Employees CU's sole branch will be retained as a branch office of Metro.

Metro has more than $1 billion in assets; its 13 branches serve more than 140,000 members. Massachusetts State Employees CU had $71.7 million in assets, one branch, and se4rved 12,532 members.


RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
15 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
18 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
20 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
20 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
20 hours ago