Bay State Grants HybridCharter

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BOSTON - (01/09/06) – The Massachusetts Department ofBanking announced Friday it has approved a request from HaverhillMunicipal Employees CU to expand its current charter servingemployees of 11 local cities and towns to include all healthcareworkers in those municipalities, as well. The $10 million creditunion is currently serving municipal employees in Haverhill,Groveland, Merrimac, West Newbury, Amesbury, Newburyport,Georgetown, Methuen, Lawrence, Andover and North Andover. Under anorder approved last month the credit union, which had requestedpermission to serve health care workers in all of thosecommunities, may now serve employees at specific health carefacilities in those cities and towns.

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