Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Mass. CU-bank merger on closed agenda
WASHINGTON (4/18/08)—Aspects of a merger plan between Northeast Community CU and Haverhill Bank, under the name Haverhill Bank, were expected to be addressed Thursday during a closed meeting of the National Credit Union Administration (NCUA) Board, but the agency declined to comment on the session. It is NCUA’s general policy not to discuss items on the agenda or action it takes during a closed meeting of the agency’s three board members. However, NCUA may issue a statement in the coming days about the status of the merger. The Massachusetts Division of Banks has accepted public comment on the proposed merger of the $100 million asset credit union and $130 million asset bank. The merger partners have said the move is designed to expand and improve on financial services for area residents.


RSS print
News Now LiveWire
Tech. advances don't dampen consumer #cybersecurity concerns #NewsNow http://t.co/HNn4Hojadv
2 hours ago
.@TheNCUA board unanimously voted today to designate board member Rick Metsger as vice chairman, effective immediately.
3 hours ago
We really want to hear from our readers. Please take the News Now survey: http://t.co/BYiQ5vr5Ob
4 hours ago
Advanced technologies don't quell cybersecurity fears #NewsNow http://t.co/ZJ20bimRvv
5 hours ago
.@CentralMaineCom reports #creditunions have issued thousands of new cards to proactively protect members from Home Depot data breach.
6 hours ago