Meet the newest member of the credit union Billionaires Club: Workers’ Credit Union in Fitchburg, Mass.
The Fitchburg, Mass.-based credit union reaches the $1B milestone, celebrates 100 years and pays out its first annual dividend.
Gift will help development organization help businesses in north-central Massachusetts.
Topics include managing both CEOs’ visions for success, tips for leadership teams working together, regulatory approval and due diligence processes.
Doug Petersen, president/CEO of the $880 million Workers’ Credit Union in Fitchburg, Mass., recalls asking the president/CEO of a small credit union why he chose Workers’ to consider a merger deal.
Mergers and acquisitions in the credit union industry are expected to continue for years to come and the focus on making them work needs to follow.
Credit Union Times hosting panel of experts in free session on topics including governance, managing both CEOs' visions and post-merger integration.
CUSOs are the secret weapon of the credit union industry. That was a phrase that we used with our board of directors when we last updated them on the eight CUSOs that we own.
Workers’ Credit Union said it has been recognized by the SBA as the number one new business lender of the year in Massachusetts.