Greylock FCU Buys InsuranceAgency

PITTSFIELD, Mass. - (12/03/04) -- Greylock FCU said it has acquiredRead-Shaw Insurance Agency, which provides auto, homeowner, lifeand commercial lines of coverage. The credit union plans to retainthe agency's nine employees and rename it Greylock InsuranceAgency. Terms of the deal were not disclosed. Previously, GreylockFCU offered members insurance discounts through a deal withBerkshire Mutual Life Insurance Co., but that arrangement ended twoyears ago.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER