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Press Release


Metro welcomes Secure Credit Union members

CHELSEA, MA – November 15, 2011- Metro Credit Union completed its merger with Secure Credit Union in Melrose on November 11, 2011, combining the two entities into one institution with over $900 million in assets. This merger will provide Metro with the opportunity to better serve the residents and businesses of Melrose and its surrounding communities.

“We are pleased to welcome the Secure Credit Union members to Metro Credit Union and to become a part of the Melrose community,” stated Robert M. Cashman, President and CEO of Metro Credit Union. “As one of the largest credit unions in Massachusetts, Metro is known for the superior service and financial expertise we provide to our members. Our commitment is to create tangible economic value for our members, and we are looking forward to the opportunity to serve the members of Secure Credit Union.” 

The Secure Credit Union staff will continue to serve members at the branch located at 138 Main Street in Melrose. This location marks the thirteenth branch for Metro, which also opened new branches in Boston and Salem in 2011. Hours of operation for the Melrose branch will be as follows:

Monday - Wednesday: 8:00 AM - 5:00 PM
Thursday & Friday: 8:00 AM - 6:00 PM
Saturday: 9:00 AM - 1:00 PM

Peter Cucinotta, Chairman of Secure Credit Union, noted, "We are very pleased to have chosen Metro as our strategic partner. Secure members will significantly benefit from the merger through greater convenience and access to a broader selection of banking products and services. We believe this combination will produce great results for our members and employees, and look forward to becoming part of the Metro team."

About Metro Credit Union
Metro Credit Union is one of the largest credit unions in Massachusetts with over $900 million in assets, and serves over 134,000 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 thirteen branch offices conveniently located in Boston, Burlington, Chelsea, Framingham, Lawrence, Lynn, Melrose, Peabody, Salem and Tewksbury. Metro is also a leader in workplace banking, serving over 1,800 companies throughout the state.