LOWELL, Mass -- Align Credit Union and First Choice Credit Union have merged, in a combination of two institutions in northeastern Massachusetts.
The combined institution has about $580 million of assets and will retain the Align Credit Union name.
Members of the $8.2 million-asset First Choice in Methuen approved the merger in May. The Massachusetts Division of Banks and the Massachusetts Secretary of State approved the deal on Aug. 13. The merger closed on Sept. 1.
Align, based in Lowell, now operates seven branches in Amesbury, Danvers, Framingham, Haverhill, Lowell and Methuen.
Align, which was founded in 1922, was formerly known as the Northern Massachusetts Telephone Workers Credit Union.
