FITCHBURG, Mass. – Workers’ Credit Union is helping preserve Townsend history with a $10,000 pledge to the Townsend Historical Society’s capital campaign. The proceeds from the capital campaign will be used to improve the historic properties of the Townsend Historical Society. “It is an important and worthy cause and we are delighted that we have the opportunity to help play a small part,” said Workers’ CU President/CEO Frederick D. Healey. The Townsend Historical Society dates back to around 1897. Its original home was in a room in the Hart Memorial Library. It was not until 1973 that a permanent home was acquired for the Society, the Reed Homestead, which features a room with murals attributed to Rufus Porter, itinerate painter, inventor, and founder of The Scientific American Magazine.
The equity distribution was the second since the Temporary Corporate Credit Union Stabilization Fund was merged with the SIF.
The drop suggests the housing market is still struggling as buyers strain to find affordable options.
PSCU also announced that almost 50% of its employees completed training on the significance of the credit union movement.
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