GFA Federal Credit Union in Gardener, Mass., has completed its acquisition of Monadnock Community Bank.

GFA agreed in March to buy Monadnock for $6.4 million in a deal that required the Peterborough, N.H., bank to repay $1.8 million in funds from the Troubled Asset Relief Program. The acquisition closed on Dec. 28.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.