To submit Business Bulletin announcements, click on image.
Merrimack Valley Credit Union completed its merger with RTN Federal Credit Union last Thursday, allowing members to conduct transactions at any one of the combined 28 branch locations.
The newly merged credit union will operate under the Merrimack Valley Credit Union name until a new name is launched in late 2024. It is now one of the five largest credit unions in Massachusetts with more than $2.3 billion in assets, 115,000 members and 28 branches.
“Over the past few months, I have watched my teammates from MVCU and the former RTN work together to make this merger as smooth of a transition as possible for both our members and team members,” said John J. Howard, president and CEO. “We are so fortunate to share very similar cultures and values, and working together has been such a wonderful experience. I am so excited to be a part of the team that runs this financial institution and to continue serving our members and community with the amazing service they have come to expect!”
In March, members of the then-separate credit unions voted in favor of merging, clearing a major hurdle that allowed the credit unions to begin the transition into becoming one financial institution.
To celebrate the merger, the credit union decorated its branches with balloons and provided lunch for team members in the branches and corporate offices. Senior team leaders also visited to share in the camaraderie.