Vermont

Two New England merged credit unions announce new name

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SOUTH BURLINGTON, Vt. (WCAX) – Two New England credit unions that joined forces now have a new name.

New England Federal Credit Union and Vermont State Employees Credit Union merged together last year, in an effort to expand financial services for customers.

The unions are now called Eastrise Credit Union

The two unions say, so far, their partnership has been going well, and they wanted to pick a name that represented Vermont’s roots.

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“Everyday the sun rises. It’s a sign of a new beginning, new possibilties. We are also committed to being an inclusive organization. So we really like the word rise. In that, we are committed to rising all people up,” Yvonne Garand of New England Federal Credit Union said.

The name should become official in September of this year.



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