St. Mary's Bank CU To Acquire GatewayCU

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MANCHESTER, N.H. - (01/28/05) -- St. Mary's Bank CU, the nation'soldest credit union, said it is expanding into Nashua, the state'ssecond biggest city, by acquiring Gateway CU. Under the merger,operations of the $28 million Gateway CU will be integrated intothat of the 97-year-old St. Mary's Bank CU, the state's secondlargest credit union with $450 milion in assets. The deal issubject to approval of members of Gateway's members and of stateand federal (NCUA) regulators.

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