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Press Release

Metro Credit Union Gives $25,000 to Chelsea Collaborative


Chelsea, MA – December 14, 2009 – Metro Credit Union recently donated $5,000 to the Chelsea Collaborative, the first installment of a five-year commitment totaling $25,000. The Chelsea Collaborative's mission is to empower Chelsea residents and Chelsea organizations to bring about social, environmental and economic justice in the community.

Robert M. Cashman, President and CEO of Metro Credit Union, was pleased to present this year's donation, stating, "Metro Credit Union is founded on the principal of people helping people, and we are proud of our long-term support of this deserving organization."

The funds represent a multi-year commitment to support the relocation of the Collaborative to a new renovated facility located on Broadway in Chelsea. The new headquarters will span 7,000 square feet, and enable the Collaborative to serve an even greater number of Chelsea residents. The Chelsea Collaborative anticipates that the renovations will be finished in January 2010.

"We are delighted to make this donation to benefit the Chelsea Collaborative and to support the citizens of our community. One of our main goals is to provide support to the communities we serve by continuing to fund programs and services that improve the lives of people in our community," Cashman added.  

About Metro Credit Union

Metro Credit Union is one of the largest credit unions in Massachusetts with over $770 million in assets, and serves over 120,000 members.  Established in 1926 and based in Chelsea, Metro offers superior service and a full range of financial products, including investment and insurance offerings, for consumers and businesses in eastern Massachusetts.  Metro has nine branch offices conveniently located in Burlington, Chelsea, Framingham, Lawrence, Lynn, Peabody, Swampscott, Tewksbury, and a tenth branch soon to open in Boston.  Metro is also a leader in workplace banking, serving over 1,800 companies throughout the state.