Workers Credit Union Acquires Braley Wellington Insurance Group 

Acquisition signals continued commitment to financial success of members

In a move designed to further enhance its role as a trusted financial advisor, Workers Credit Union announced today its acquisition and partnership with one of Central Massachusetts’ leading retail insurance agencies, the Braley Wellington Group.

“At Workers Credit Union it is our mission to improve the daily lives of our members. After an extensive search, we could not be more pleased to have found Braley Wellington, a highly reputable firm with the expertise, cultural compatibility and a shared commitment to helping our members achieve long term financial success and security,” said Doug Petersen, Workers Credit Union President and CEO.

Commenting on the acquisition, Robert Lockett, President of Workers Financial Services. LLC. said, “Over 91,000 local residents already trust Workers with the core of their financial life – savings, investing, home mortgages, car loans and other personal credit. Adding direct insurance activities will significantly enhance our ability to provide comprehensive financial solutions to our existing membership and be a powerful tool to attract new members. I look forward to welcoming the talented team from Braley Wellington into our organization.”

With assets of more than $1.5 billion, Workers Credit Union, founded in 1914, serves members from across Massachusetts and southern New Hampshire. A leading credit union in Massachusetts, Workers has 16 branches from Orange to Acton. Workers Financial Services is a credit union service organization with the mission of delivering services that compliment traditional credit union products.

The Braley Wellington Group is a full service insurance agency offering assistance with the insurance needs of Massachusetts residents for over 200 years. Representing over 30 reputable carriers, the agency provides a complete range of commercial and personal insurance products as well as a full time claims department, all under one umbrella. The agency operates out of four locations in Worcester, Auburn, Millbury and Leominster.

Parker Wellington, President and CEO of Braley & Wellington Insurance Agency, explains, “Our goal has always been to give our customers the peace of mind that comes with knowing someone is looking out for them. We could not be more pleased to become part of Workers Credit Union, which shares in this belief and will allow us to expand our ability to fulfill our mission.”

Both institutions will be working together over the next few months on integration activities while developing a number of delivery strategies directed toward the Credit Union’s members and the broader community. Commercial lines agents will continue to represent a blend of business types throughout Central Massachusetts, while personal lines agents will be augmented with support and referrals generated from the Workers branch and digital network. Terms of the acquisition were not disclosed.

About Workers:

Workers Credit Union is high performing financial institution owned by its members, with 280 employees and 16 branches throughout north central and eastern Massachusetts. In 2017 Workers gave its members $3.3 Million as part of its annual GiveBack program which rewards members based on their utilization of credit union products and services. Workers is passionate about community, making financial contributions in the communities it serves and facilitating volunteerism among its staff.

 

Workers Financial Services is a Credit Union Service Organization (CUSO) dedicated to providing trusted products and services to help people achieve financial security. One of the fastest growing CUSO’s in the country, Workers Financial Services is a wholly-owned subsidiary of Workers Credit Union.

 

Media Contact: Vivian H. Brooks, #774.452.4270, 

Source: Workers Credit Union

“Great Masters of Song” Program at Fitchburg Public Library

The Fitchburg Public Library, 610 Main Street, will present an evening of song on Thursday, May 18, at 6:30 p.m.   Skylarkz, a duo consisting of Sarah Clay, vocalist, and Nick Kachulis, piano, will present  “Great American Masters of Song,” featuring selections from Gershwin, Duke Ellington, Cole Porter, Rodgers and Hart, and more of the masters of American Popular Song.  Between songs, they will treat the audience with tales of the composers, the era they lived in, and the history behind the music.  Skylarkz is well known throughout New England for their delightful concerts.

       This free program is made possible by a grant from the Fitchburg Cultural Council, which is a part of the Massachusetts Cultural Council.  For more information about this and other Library programs, call 978-829-1783

Nearly 200 students attended the Clinton High School CU4 Reality Financial Fair sponsored by Leominster Credit Union on March 30, 2017.  The Financial Education Fair prepares students for the many financial decisions they will need to make once out of school. Students prepare for the event through a yearlong curriculum that introduces them to skills on responsible money management, creating a budget and making wise decisions regarding credit.  The CU4 Reality Financial Fair is a three-hour exercise where students select a career with realistic salaries and then start on a “financial education” journey visiting booths attended by local businesses, volunteers and LCU employees to gain a real life understanding of living expenses.

Students visited booths where everyday life experiences and spending situations were presented. Volunteers including auto dealers, realtors, lenders, utility providers, retailers and others who helped them understand the actual expenses and how to develop a spending plan. This event brings awareness and a focus on “needs versus wants.”  Students learned that they may need to change expectations.  Instead of buying a car, they may need to take public transportation; or they may need share living expenses with a roommate in order to make ends meet.

This year, in addition to Clinton High School attendees, students from Lincoln-Sudbury and Concord-Carlisle Regional High Schools as well as Clinton Middle School participated in the event.

Students from Nichols College served as ‘credit counselors’ and reviewed each student’s plan.  They showed them where they were over budget and recommended adjusting their choices by eliminating some of the ‘wants’ in order to have enough for the necessities.

John O’Brien, President and CEO of Leominster Credit Union commented, “It is very rewarding to be a part of this event at Clinton High School.  This Financial Fair presents real life experiences, creates awareness of financial circumstances and assists the students in preparing for their future.  We’d like to thank Ellen Welch, Business Technology teacher for all her hard work, as well as those who took time out of their busy schedules to support this event including Leanne Martin Fay, of Economic Empowerment Program Director for Financial Education from the State Treasurer’s Office, Principal Jim Hastings and Superintendent of Schools Terrance Ingano.”

Founded in 1954, Leominster Credit Union (LCU) is a member-owned, not-for-profit financial cooperative with a full range of deposit, lending and other financial services. Headquartered in Leominster, Massachusetts, LCU is proud to claim nearly 50,000 members and more than $600 million in assets. LCU has seven branch locations in Leominster, Worcester, Clinton, Holden, Sterling and North Leominster with ATM services at all branch locations. 24-hour online banking services are available at www.leominstercu.com and by telephone at 800-649-4646.

Mother’s Day Brunch

Seating from 9:30am – 1:00pm

 Bountiful Buffet of:

 Freshly Baked Muffins, Danish, Scones & Coffee Breads

Sliced Fresh Fruit with Assorted Berries

 Scrambled Eggs, Country Sausage,

Applewood Smoked Bacon, Home Fried Potatoes

Thick cut French Toast with Powdered Sugar &

Warm Maple Syrup

Omelet Station

Cranberry Walnut Farro Salad

Cucumber Salad with Mint & Feta

Steamship Round Carving Station

Carved Leg of Lamb with Pan Au Jus

Grilled Chicken with Tomato Basil Relish

Cilantro Chili Lime Salmon Topped with Crispy Shallots

Roasted Brussel Sprouts

Assorted Cakes & Pies

 

Adults $26

                  Children (12 & under) $16           

 

Reservations Required: (978) 772-3330 ext. 309

 

146 Shaker Road Harvard, MA 01451

www.shakerhills.com