Recent Articles

Hadley Branch Office Notice of Closing

Arrha Credit Union, 145 Industry Avenue, Springfield, Massachusetts, 01104, has petitioned the Massachusetts Division of Banks for permission to close a branch office at 140 Russell Street, Hadley, Massachusetts, 01035 on January 31, 2018.   Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, Terence A. McGinnis, Commonwealth of Massachusetts Division of Banks, 1000 Washington Street, 10th Floor, Boston, Massachusetts, 02118-6400 no later than two weeks from November 3, 2017.

Michael S. Ostrowski, President and CEO of Arrha Credit Union Testified on an Act to Modernize Credit Union Laws

Michael S. Ostrowski, President and CEO of Arrha Credit Union testified on an act to modernize credit union laws before the Joint Committee on Financial Services.  Ostrowski testified on allowing technological advances; increasing transactional authority for chartering and merging credit unions; and increasing in state authority for low-income designation. 

Equifax Breach: What You Can Do to Safeguard Your Financial Data

More than 140 million Americans affected 

The recent data breach in which more than 140 million Equifax accounts were hacked is considered one of the largest ever, and serves as a reminder that we now live in a time that requires all of us to take proactive steps to protect our financial and personal data.

Identifying and Reporting Common Scams

On July 6, 2017 the Federal Trade Commission (FTC) issued an alert on scammers posing as FTC officials who contact individuals and claim they have won prizes from a charity contest. The scammers ask for money to cover taxes or insurance costs associated with the prize. While this is a new malicious campaign, scammers use these basic tactics time and time again with slightly different wording to take advantage of unsuspecting individuals. It may seem like a day doesn’t go by without scammers contacting you online or by phone seeking money and/or personal information.

Consolidated Retirement Plan Assets Seminar

What are your retirement plan options? 

Join Dan Lewis CFS* Financial Advisor at Arrha Credit Union, for an interactive workshop.

  • Potentially save money on annual fees
  • An opportunity to allocate, diversify, and rebalance in one portfolio
  • Valuable estate planning features
  • Simplify required minimum distributions
  • Consolidated statement
  • Working with a Financial Professional

Join us for the following workshops:

Top 10 Gifts for New Grads

College commencement season is here again, but for many soon-to-be graduates, it's a time to both celebrate and prepare. With the job market still challenging and national student loan debt exceeding $1 trillion, new grads face real financial hurdles.