North

Winthrop

Credit union merger finalized

Advertisement

Winthrop Federal Credit Union is now part of Webster First Federal Credit Union. The merger was approved Oct. 26 by the National Credit Union Administration, and finalized Dec. 14 after a vote by Winthrop Federal members. It took effect yesterday. The merger follows two other recent acquisitions by Worcester-based Webster First. In May, it acquired Saugus Federal Credit Union, and in November, Fitchburg Federal Credit Union. With the addition of Winthrop Federal, Webster First now has more than $600 million in assets, according to Katelyn Andrews, the group’s marketing coordinator. She said for Winthrop Federal members, the merger offers the opportunity to make use of Webster’s 16 branches.

- John Laidler

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com