{"id":5183,"date":"2017-04-28T13:48:26","date_gmt":"2017-04-28T17:48:26","guid":{"rendered":"https:\/\/www.northcentralmass.com\/?p=5183"},"modified":"2017-04-28T13:48:26","modified_gmt":"2017-04-28T17:48:26","slug":"workers-credit-union-acquires-braley-wellington-insurance-group","status":"publish","type":"post","link":"https:\/\/www.northcentralmass.com\/es\/workers-credit-union-acquires-braley-wellington-insurance-group\/","title":{"rendered":"Workers Credit Union Acquires Braley Wellington Insurance Group"},"content":{"rendered":"

Workers Credit Union Acquires\u00a0<\/strong>Braley Wellington Insurance Group\u00a0<\/strong><\/p>\n

Acquisition signals continued commitment to financial success of members<\/em><\/p>\n

In a move designed to further enhance its role as a trusted financial advisor,\u00a0Workers Credit Union<\/a>\u00a0announced today its acquisition and partnership with one of Central Massachusetts\u2019 leading retail insurance agencies, the Braley Wellington Group.<\/p>\n

\u201cAt 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,\u201d said Doug Petersen, Workers Credit Union President and CEO.<\/p>\n

Commenting on the acquisition, Robert Lockett, President of Workers Financial Services. LLC. said, \u201cOver 91,000 local residents already trust Workers with the core of their financial life \u2013 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.\u201d<\/p>\n

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.\u00a0Workers Financial Services is a credit union service organization with the mission of delivering services that compliment traditional credit union products.<\/p>\n

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.<\/p>\n

Parker Wellington, President and CEO of Braley & Wellington Insurance Agency, explains, \u201cOur 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.\u201d<\/p>\n

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\u2019s 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.<\/p>\n

About Workers:<\/strong><\/p>\n

Workers Credit Union<\/u><\/em>\u00a0is 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.<\/em><\/p>\n

\u00a0<\/em><\/p>\n

Workers Financial Services<\/u><\/em>\u00a0is 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\u2019s in the country, Workers Financial Services is a wholly-owned subsidiary of Workers Credit Union.<\/em><\/p>\n

\u00a0<\/em><\/p>\n

Media Contact:<\/strong>\u00a0Vivian H. Brooks, #774.452.4270,\u00a0vivianb@ideaagency.biz<\/a><\/p>\n

Source:<\/strong>\u00a0Workers Credit Union<\/p>","protected":false},"excerpt":{"rendered":"

Workers Credit Union Acquires\u00a0Braley Wellington Insurance Group\u00a0 Acquisition signals continued commitment to financial success of members In a move designed to further enhance its role as a trusted financial advisor,\u00a0Workers Credit Union\u00a0announced today its acquisition and partnership with one of Central Massachusetts\u2019 leading retail insurance agencies, the Braley Wellington Group. \u201cAt Workers Credit Union it […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5183","post","type-post","status-publish","format-standard","hentry","category-member-news"],"yoast_head":"\nWorkers Credit Union Acquires Braley Wellington Insurance Group » North Central Massachusetts Chamber of Commerce<\/title>\n<meta name=\"description\" content=\"Workers Credit Union Acquires\u00a0Braley Wellington 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