Credit Union Expands Across MetroWest
Framingham Municipal Credit Union has a new name and an expanded focus.
The institution is now MetroWest Community Federal Credit Union, a name that reflects a new charter that lets it cater to anyone in the MetroWest area.
The credit union said it is also eliminating monthly fees for checking and online banking.
Previously, the credit union's membership was limited to municipal employees in about a dozen area communities, people who worked at a handful of local businesses, those employees' families and certain local students.
The new charter granted by the National Credit Union Administration lets the credit union serve anyone who lives, works, worships or goes to school in Marlborough, Newton, Waltham, Watertown, Acton, Arlington, Ashland, Ayer, Bedford, Belmont, Boxborough, Carlisle, Chelmsford, Concord, Framingham, Holliston, Hopkinton, Hudson, Lexington, Lincoln, Littleton, Maynard, Natick, Sherborn, Shirley, Stow, Sudbury, Wayland, Westford, or Weston.
The credit union has 9,000 members, over $86 million in assets and two branches, in Framingham and Natick.
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