Greylock FCU Buys InsuranceAgency

December 03, 2004, 1:00 a.m. EST 1 Min Read

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Register now

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.

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Reprint

For reprint and licensing requests for this article, click here.

TRENDING

Marijuana banking

Democrats’ sweep helps pot banking’s cause, but battle is far from over

The odds are better now that Congress will pass a bill to help financial institutions serve cannabis businesses, but the question of the legislative path forward has grown murkier.

By Neil Haggerty

8h ago
Partner Insights by Neustar

Branded calling increases answer rates

Verify your outbound calls and add your logo, name, location, and more to the mobile phone display.
Partner Insights by Neustar

Reassure customers it’s you calling

Reassure customers that your call is legitimate with verification and enhanced mobile display.

MORE FROM AMERICAN BANKER

Enforcement actions

Capital One fined $290M for ‘willful’ anti-money-laundering failures

The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers. The misconduct took place in a unit that served check-cashing businesses and was later shut down.

By Kevin Wack

January 15
Growth strategies

Incoming Citi CEO Fraser signals major changes ahead

Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.

By Allissa Kline

January 15
Earnings

Wells Fargo pledges to cut $8 billion in overhead. Is it enough?

CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.

By Kevin Wack

January 15
Chatbot lessons, automated PPP, cross-border M&A: Top stories of the week

South African bank's approach to chatbots offers lessons for U.S. players; small lenders embrace automation for latest PPP round; flush with capital, Canadian banks eye U.S. acquisitions; and more from this week's most-read stories.

January 15
Compliance

Credit union regulator outlines 2021 supervisory priorities

Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.

By Ken McCarthy

January 15
Growth strategies

PNC says BBVA deal won’t derail organic growth plans

The Pittsburgh company intends to continue adding commercial offices and retail branches in markets it had been eyeing before agreeing to buy BBVA USA for $11.6 billion.

By Laura Alix

January 15