New Hampshire CUs To Combine
Bellwether Community CU announced it has agreed to merge with Compass CU to create the state's fourth largest credit union.
The new entity will have almost $300 million in assets and serve 19,000 members. Bellwether Community CU, with more than $260 million in assets, was formerly known as Telephone Workers CU of New Hampshire and is one of the few credit unions in the country to claim a statewide field of membership.
Compass CU was formerly known as Cathedral CU and has more than $30 million in assets.