Metro Credit Union Completes Merger with Newton Teachers Credit Union

CHELSEA, MA (April 1, 2016) – Metro Credit Union, Massachusetts’ largest state-chartered credit union, today announced it has completed its merger with the Newton Teachers Credit Union.
“We are pleased to welcome the Newton Teachers Credit Union members to Metro Credit Union,” stated Robert M. Cashman, President and CEO of Metro Credit Union. “The merger will give Newton Teachers members access to more mortgage and lending options, broader banking product lines and 15 branch locations to choose from in Central and Eastern Massachusetts.”

Effective immediately, converted members will begin to enjoy the benefits of such products as Metro Credit Union’s My Reward Checking account, which last year gave back over $2.0 million in purchase rewards and rebates on the high ATM fees charged by other banks.

“Our newest members will quickly discover the secret our existing members have known for years: that Metro Credit Union’s products, services and rates are highly competitive and better than most,” added Cashman. “We are a locally run institution, owned by the members we work hard for every day, and who will always be our first priority.”
About Metro Credit Union
Metro Credit Union is the largest state-chartered credit union in Massachusetts with over $1.4 billion in assets, and serves more than 180,000 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, Bristol or Worcester counties in Eastern Massachusetts, as well as Massachusetts state employees and retirees throughout the Commonwealth.
Founded in 1926, Metro Credit Union is a non-profit cooperative institution, owned by and operated for the people who use and benefit from its products and services. Metro uses superior customer service and technology to deliver a full range of financial products to consumers and businesses in eastern Massachusetts. Metro is well known for providing members with unlimited refunds of other banks’ ATM fees through its My Reward Checking account
Metro Credit Union has 15 branch offices conveniently located in Boston, Burlington, Chelsea, Framingham, Lawrence, Lynn, Melrose, Newton, Peabody, Salem, and Tewksbury, and is also a leader in workplace banking, serving over 1,000 companies throughout the state.