CRESCENT CREDIT UNION AND BROCKTON POSTAL CREDIT UNION MERGE
May 7, 2013, Brockton, MA – On Tuesday, April 30, Brockton Postal &
Government Employees Credit Union merged into Crescent Credit Union.
Both credit unions’ members voted to approve the merger earlier this
year. The merger was subsequently approved by Massachusetts Banking
Commissioner David J. Cotney last week.
Founded in 1919, Crescent Credit Union was originally chartered to serve
the financial needs of employees at the Tarlow Brothers Leather Company
in Brockton. Crescent now provides better banking solutions to over
47,000 members who live or work in Plymouth, Bristol, Norfolk and
Barnstable counties. Established in 1923, Brockton Postal Employees
Credit Union is the oldest postal credit union in the country, proudly
serving 1,800 members in the Brockton area.
“It is our pleasure to welcome you to the Crescent family,” said
Crescent President Robert Gustafson in a letter to Brockton Postal
members. “Combined, we are a stronger organization, better prepared to
offer the best, most affordable banking services.”
Brockton Postal members will be able to take advantage of Crescent’s
competitive rates, convenient branch locations and hours, network of
free and surcharge-free ATMs, expanded online services, and superb
“We take great pride in saying that ‘We are Brockton’s credit union,”
added Mr. Gustafson.
Financial Institutions have had an increase in fraudulent
signature based transactions in the states of Florida and
Texas. Effective immediately access to your funds through
your ATM/Debit Card will not be available in these states.
We apologize for any inconvenience this may cause but the
Credit Union takes very seriously the privacy of our members
accounts. If you have any questions please contact the
Credit Union at 508-583-8816.