The $780 million Metro Credit Union of Chelsea, Mass., embarking on a planned merger that was announced this week of the $58 million University CU of Boston, said it is marking a new expansion chapter in SEG growth.

"Let me stress that the decision by the University Credit Union board to seek us as a merger partner is being effected strictly to help the member," declared Robert Cashman, president/CEO of Metro, which lays claim to one of the largest SEG networks in the state with more than 1,800 at numerous hospitals and universities.

The merger of University CU with 8,000 members would give Metro two new branches in the South and Back Bay areas of Boston and provide access to Boston University students as well as collegians at Tufts and Berkeley College of Music, among others in metro Boston.

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