ROCKLAND, Mass.—The $184-million Community Credit Union of Lynn here has agreed to merge into the $3.4-billion Rockland FCU, based in Rockland, Mass., RFCU announced.
Under the terms of the agreement Community CU will merge into Rockland FCU, pending approvals from NCUA and the Massachusetts Division of Banks, and the vote of Community CU members.
The combined credit union will serve more than 200,000 members across 12 Massachusetts branches.
“Community CU embodies everything that is special about credit unions. Their caring delivery of services to their community has been a hallmark from the credit union’s very first days. We will honor and respect that record in everything that we do together,” said RFCU CEO Kristin VanBeek.
“Kris and his team at Rockland FCU possess the special combination of talent and heart required to continue to deliver for our members into a more complex and demanding environment for financial services,” said Community CU CEO Nick Sarantopoulos.
The partnership is expected to be finalized by March 31, 2026, following all required approvals and a vote of the Community CU membership, RFCU said.