St. Anne’s Credit Union teams with Members Trust Company
to provide wealth management services
FALL RIVER, MASSACHUSETTS, April 3, 2008 … St. Anne’s Credit Union of Fall River announced today it will provide members with trust, wealth management, and estate planning services through a partnership with Members Trust Company, an independent trust organization owned by and for credit unions.
The new partnership was announced by Ross R. Upton, president and CEO of St. Anne’s Credit Union.
“There is a real need for quality trust and wealth management services within the communities in southeastern Massachusetts served by St. Anne’s Credit Union,” said Upton.
“The population is aging. Baby boomers are entering retirement age and many of them are actively looking for estate-planning programs. Members Trust Company has a similar mission and service philosophy toward members as the Credit Union does,” he added. “Since 1987, Members Trust has been committed to doing what is in the member’s best interest, to seeking continuous improvement in the value of financial products they provide and in the quality of service to members.
“We are pleased to now be able to offer our own members a comprehensive solution to their financial objectives and estate planning needs.”
The new services will be provided by Timothy G. Madigan, JD, CFP®, a Members Trust Company trust officer. Madigan holds a law degree from Boston College Law School, and practiced law in Massachusetts for 17 years. A Certified Financial Planner™, he has been a trust and investment professional for more than a decade.
Established in 1936, St. Anne’s Credit Union now has more than 65,000 members and assets exceeding $732 million. The Credit Union has full-service offices in Dartmouth, Fairhaven, Fall River, Somerset and Swansea and Loan Centers in New Bedford and Seekonk.
Non-deposit investment products available through MEMBERS Trust Company are not deposits of or guaranteed by the trust company, a credit union, or credit union affiliate, are not insured or guaranteed by the NCUA, FDIC or any other governmental agency, and are subject to investment risks, including possible loss of the principal invested. MEMBERS Trust Company is a Federal Thrift Chartered by the Office of Thrift Supervision.