HAVERHILL, Mass. — An overwhelming majority of the roughly 100 members of the $98 million Northeast Community Credit Union who showed up at a special Sept. 13 meeting to debate and vote a proposed merger with a mutual bank voted to approve the deal.
The CU has almost 10,000 members.
Northeast members were considering a merger with the nearby Haverhill Bank, a mutual bank also chartered by Massachusetts. Under Massachusetts' procedures for such mergers, bank depositors will have to take part in a similar meeting, which has been scheduled for Sept. 18.
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