Massachusetts credit union's assumption first of its kind in the United States, credit union's president says.
Massachusetts credit union's CEO says five of eight regulatory approvals now secured.
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.
New Hampshire bank becomes second savings bank to be purchased by a credit union.
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.
GFA FCU CEO said her credit union is showing by example that credit unions can work with community banks as it moves toward purchase of a New Hampshire mutual.
Massachusetts CU CEO eyes long regulatory process in proposed takeover of New Hampshire bank.
Mountain bike giveaway highlights the day for local lad at GFA FCU's Community Appreciation Day.
Community partners GFA Federal Credit Union and Mount Wachusett Community College recently announced the launch of the GFA Institute for Financial Literacy at MWCC.
For one Massachusetts credit union, studying ways to go paperless while improving its business processes overall was not just an academic exercise.