Waltham's RTN Announces Merger With Hudson Municipal Credit Union

WALTHAM, MA – RTN Federal Credit Union announced Monday its merger with Hudson Municipal Employees Federal Credit Union. The merger was approved last week by members of Hudson (HMEFCU) and will go into effect March 1.

HMEFCU, founded in 1962 and headquartered in Hudson, has close to $7 million in assets, according to RTN.

"This is an exciting opportunity to expand RTN’s branch footprint, and grow our membership base," RTN Treasurer and CEO Richard Wright said in a statement. "Our new members in Hudson will continue to be served by familiar staff and enjoy access to more products and services with added convenience in the coming months. We look forward to a secure and promising future for our members, employees,and affiliates."

Members will be now have access to a wider offering of financial products and services, such as expanded mortgage and loan products and a larger ATM network.

"We are excited to offer members lower fees, more branch access, and greater convenience with the same individualized attention," Nancy Boire, HMEFCU Treasurer and CEO, said in a statement. "Staff and leadership are committed to a seamless transition so that members can conduct business as usual."

RTN currently has 19 branches in Massachusetts, with a membership of close to 50,000 people.