Stronger Together: GABV Member VSECU And New England Federal Credit Union (NEFCU) are proposing to merge into one credit union
Published on April 18, 2022
GABV member VSECU and New England Federal Credit Union (NEFCU) are proposing to merge into one credit union, pending regulatory approval. United in common beliefs, values, and vision, the merger would provide more value to members, staff, and communities, than either do independently.
The proposed merger is a collaborative and mutually beneficial partnership that will be led by board members and senior executives from both credit unions.
Pending approval, the new credit union would commence operating in early 2023.