Arrha Credit Union, BrightBridge Credit Union Announce Intent to Merge

SPRINGFIELD — Arrha Credit Union and BrightBridge Credit Union announced their intent to merge. BrightBridge will be the continuing credit union following the merger.

This strategic partnership is based on a mutual commitment to people-first values, competitive financial offerings, and community engagement, credit unions stated. With this merger, BrightBridge will expand its field of membership to include Hampden, Hampshire, and Franklin counties in Massachusetts, and Hartford and Tolland counties in Connecticut.

Pending regulatory and member approvals, the combined credit union will operate 23 branches across Southern New Hampshire, Massachusetts, and Eastern Connecticut, and provide access to shared branching nationwide. Together, they will serve approximately 125,000 members and manage nearly $2.4 billion in assets.

“We believe this partnership is exceptionally beneficial to our members, our team, and our community,” said Michael Ostrowski, president and CEO of Arrha Credit Union. “Together, we’ll be stronger and better equipped to serve our members’ evolving financial needs. We look forward to working with the BrightBridge team to ensure a smooth transition for all.”

BrightBridge Credit Union President and CEO John Howard added That “we’re honored to be joining forces with a credit union like Arrha that has such a strong legacy of caring for its members. We believe this partnership will bring even more value and opportunity for all our members and team members.”

Throughout the merger process, both organizations have committed to transparency and open communication, with members receiving regular updates and information regarding the proposed merger.