Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Mass. CU-bank merger on closed agenda
WASHINGTON (4/18/08)—Aspects of a merger plan between Northeast Community CU and Haverhill Bank, under the name Haverhill Bank, were expected to be addressed Thursday during a closed meeting of the National Credit Union Administration (NCUA) Board, but the agency declined to comment on the session. It is NCUA’s general policy not to discuss items on the agenda or action it takes during a closed meeting of the agency’s three board members. However, NCUA may issue a statement in the coming days about the status of the merger. The Massachusetts Division of Banks has accepted public comment on the proposed merger of the $100 million asset credit union and $130 million asset bank. The merger partners have said the move is designed to expand and improve on financial services for area residents.


RSS print
News Now LiveWire
USFCU, Minn., hosts small business networking night. http://t.co/CBFHpJTFZe
9 hours ago
Number of @CUNA-certified fin. counselors hits 2,175 http://t.co/3fQGcdxyLO
10 hours ago
Jobless claims drop by 19,000 this week #Market #NewsNow http://t.co/LSqaYCsmX4
11 hours ago
#RBC draws letters from @SenatorBegich, @SenShelby to @TheNCUA See #NewsNow http://t.co/JvLBwkHwxF
12 hours ago
It's #summercamp with a financial literacy, #creditunion twist http://t.co/5eaps9ZoVB
14 hours ago