Brazilian Credit Union Leaders Visit Metro's Chelsea Headquarters

Chelsea, MA (September 12, 2013) -- On Monday,  September 9, 2013, a group of 26 executives from Brazilian credit union co-op  Sistema de Cooperativas de Crédito do Brasil (SICOOB) paid a visit to Metro  Credit Union's Chelsea, Mass., headquarters to explore what has driven sustained  growth across every aspect of Metro CU over the last several years.  The group  of bankers was especially interested in understanding how Metro CU has managed  to not only maintain, but also strengthen its roots in the community through a  prolonged period of growth and expansion.

“In Brazil, credit unions have been focused on the 'business' aspect of the  business for a long time, which has helped us grow," said Francisco Silvio  Reposse Junior, Executive Director of SICOOB Espiritu Santo.  "However, it is  now time that we focus on educating and serving the youth and improving the  communities that we live in.  Metro Credit Union is a great example of how a  credit union can balance business and a social mission at the same time.”

The delegation was comprised primarily of credit union leaders representing  seven individual credit unions and a few executives from the central office of  SICOOB for the state of Espiritu Santo. The visit, an exploration of best  practices at U.S. and Canadian credit unions, was part of a "learning tour"  organized by the World Council of Credit Unions. 

"All of us here at Metro Credit Union are honored to be selected by SICOOB  and the World Council of Credit Unions, and happy to share what we can about our  growth and success, which is simply rooted in our commitment to our members and  the communities in which they live," noted Robert Cashman, president and CEO of  Metro Credit Union.

About Metro Credit Union
Metro Credit Union is the  largest state-chartered credit union in Massachusetts with over $1.2 billion in  assets, and serves more than 150,000 members. It is a growing, federally insured  financial institution and a leading provider of a full range of financial  services to anyone living or working in Essex, Middlesex, Suffolk, Norfolk,  Plymouth, Barnstable or Worcester counties in Eastern Massachusetts, as well as  Massachusetts state employees and retirees throughout the Commonwealth.

Founded in 1926, Metro CU is a non-profit cooperative institution, owned by  and operated for the people who use and benefit from its products and services.  Metro CU uses superior customer service and technology to deliver a full range  of financial products to consumers and businesses in eastern Massachusetts.  Metro CU is well known for providing members with unlimited refunds of other  banks’ ATM fees through its My Reward Checking account.

Metro CU has 14 branch offices conveniently located in Boston, Burlington,  Chelsea, Framingham, Lawrence, Lynn, Melrose, Peabody, Salem, and Tewksbury, and  is also a leader in workplace banking, serving over 1,800 companies throughout  the state.