Peterborough

• People in the News

  By Staff Writer  |  May 8, 2013

  Hirings, promotions, retirements among credit union people.

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  Industry Attorney Sees Credit Union Bank Buys Accelerating

  By Peter Strozniak  |  April 5, 2013

  Michael Bell helped with MECU Baltimore buy, sees more of the same happening down the road.

• HarborOne Bank Conversion Not Seen as Trend Setter

  By Peter Strozniak  |  March 20, 2013

  Industry observers point to credit unions buying banks, note that Boston conversion involves unique state charter.

• GFA FCU Completes Purchase of New Hampshire Bank

  By Peter Strozniak  |  December 28, 2012

  Massachusetts credit union's assumption first of its kind in the United States, credit union's president says.

• GFA FCU Purchase of New Hampshire Bank Still on Track

  By David Morrison  |  December 13, 2012

  Massachusetts credit union's CEO says five of eight regulatory approvals now secured.

• Letter: More Card Merger Compliance Pitfalls

  By Timothy R. Kolk  |  October 7, 2012

  The article on page 3 in the Sept. 26 issue [“Portfolios Can Gum Up the Merger Works”] did the industry a service by pointing out oft overlooked difficulties in merging credit card programs in an overall credit union merger.

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  GFA FCU’s Bank Bid Advances on Shareholder Vote

  By David Morrison  |  June 11, 2012

  The 20,000 member, $353 million GFA Federal Credit Union, headquartered in Worcester Mass., moved a bit closer to finalizing a purchase of a stock-owned thrift when a majority of the bank’s shareholders voted to approve the deal.

• Bank Attorney Cautions on GFA/Monadnock Repeats

  By Jim Rubenstein  |  June 1, 2012

  Cash requirements could be issue, bank attorney says, adding that he has seen interest in similar possible deals.

• Monadnock Shareholders Say Yes to GFA Federal Credit Union

  By David Morrison  |  June 1, 2012

  New Hampshire bank becomes second savings bank to be purchased by a credit union.

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  GFA FCU's Bank Buyout Grabs Industry Interest

  By Jim Rubenstein  |  April 1, 2012

  The proposed buyout by GFA Federal Credit Union of a troubled New Hampshire savings bank continues to generate industry interest but with a pivotal question: Can the credit union and bank clear the legal hurdles with the NCUA, the Comptroller of the Currency and the FDIC.