MetroWest Community Federal Credit Union Announces Intent to Merge with St. Mary’s Credit Union
Merger Will Expand Member Access and Strengthen Community Commitment
Framingham, MA — August 18, 2025 — MetroWest Community Federal Credit Union (Framingham, MA) announced today its plans to merge with St. Mary’s Credit Union (Marlborough, MA), pending regulatory and member approval. This strategic partnership will unite two mission-driven credit unions that share a commitment to exceptional member service, community investment, and financial wellness.
The combined organization will operate under the St. Mary’s Credit Union name and retain St. Mary’s Credit Union’s charter. With assets totaling more than $1.1 billion, the merged credit union will serve over 60,000 members across 8 branch locations, offering a broader ATM network, enhanced digital banking tools, and expanded products and services.
“We’re proud of our legacy at MetroWest Community Federal Credit Union and confident this next step will strengthen our ability to serve our members and communities for years to come,” said Michael Forman, Chairman of the Board of MetroWest Community Federal Credit Union. “It is getting increasingly difficult for smaller credit unions to remain independent. We knew it was time to find a merger partner to continue to best serve our members — and we found the perfect partner in St. Mary’s Credit Union.”
Benefits to Members Will Include:
Expanded branch and ATM network
Broader range of financial products and services
Enhanced online and mobile banking platforms
Continued personal service from the same friendly staff you know and trust
“Both organizations have a long-standing history of community engagement and financial advocacy,” noted Jerry Richer, Chairman of the Board of Directors at St. Mary’s Credit Union. “This merger will preserve that legacy while increasing capacity to offer financial education, member outreach, and innovative services tailored to meet the evolving needs of our members.”
Pending final regulatory approval, the merger is expected to be completed by early 2026. Members will receive regular updates throughout the process, and information will be posted on both credit unions’ websites
About MetroWest Community Federal Credit Union
Since 1941, MetroWest Community Federal Credit Union has provided trusted financial services to individuals and families in Framingham, Natick, Ashland, and Hopkinton. With a focus on personal service, financial empowerment, and community values, MetroWest CFCU has been a fixture in the lives of generations of members.
About St. Mary’s Credit Union
Founded in 1913, St. Mary’s Credit Union is a full-service, not-for-profit financial cooperative with 7 branches and more than 55,850 members across MetroWest, Massachusetts. As a member-owned institution, St. Mary’s Credit Union is dedicated to enhancing the financial well-being of its members and supporting the communities it serves.