Fitchburg Federal Credit Union Newsroom

 Fitchburg Federal Credit Union teams with Members Trust Company
to provide trust, wealth management services

FITCHBURG, MASSACHUSETTS, May 20, 2008 … Fitchburg Federal Credit Union 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 Barbara L. Goodwin, president and CEO of Fitchburg Federal Credit Union.

“There is a real need for quality trust and wealth management services among the members we serve,” said Goodwin.

“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,” she 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.

Fitchburg Federal Credit Union, founded in 1957, is located at 65 North Street in Fitchburg, with a Student Branch at Fitchburg High School and online banking services at fitchburgfederalcu.com. Deposits are insured by the National Credit Union Administration (NCUA) and the Massachusetts Credit Union Share Insurance Corporation (MSIC).

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.

Click here to close this window.