NCUA Board Chairman Debbie Matz doubts a conversion of the $1.8 billion HarborOne Credit Union to a bank would benefit most members.
The consolidation of Massachusetts State Employees CU marks the third merger deal in two years as Metro expands its reach into the Boston market.
Expanding its SEG reach, the $780 million Metro Credit Union of Chelsea, Mass. is planning a merger with the $58 million University CU of Boston.
The $780 million Metro Credit Union of Chelsea, Mass., embarking on a planned merger that was announced this week of the $58 million University CU of Boston, said it is marking a new expansion chapter in SEG growth.