FITCHBURG, Mass. — Thanks to a collaborative effort, Fitchburg ME Federal Credit Union can now offer its more than 3,100 members trust and wealth management services.
The new offering is the outcome of an alliance between 1909 Financial Advisors, a subsidiary of EasCorp, and MEMBERS Trust Company. Tim Madigan, trust officer, will serve Fitchburg's membership.
Barbara Goodwin, president of the credit union, said the timing could not be more ideal.
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"The population is aging. Baby boomers are entering retirement age and many of them are actively looking for estate and retirement planning advice," Goodwin said. "Ironically, as demand has grown, the consolidation of banks has diluted their own service. This combination presents an excellent opportunity for [the credit union] to help its members while growing the fee income that will support us for years to come."
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