The credit union industry has a new league. Bay State credit unions voted 60-0 Oct. 22 to merge their Massachusetts Credit Union League with the New Hampshire Credit Union League and Credit Union Association of Rhode Island to form the Cooperative Credit Union Association.
The latter two trade organizations also voted unanimously in early October to consolidate.
"It is great to see the concept of the Cooperative Credit Union Association come to fruition," Paul Gentile, president/CEO of the three state trade associations, said. "The overwhelming show of support we received from our membership is a strong statement about their commitment to the new association."
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