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Salmon Falls Community, Service credit unions merge
Salmon Falls Community Credit Union merged into Service Credit Union June 1 and is now known as the Somersworth Branch of Service Credit Union.
Salmon Falls Community Credit Union membership overwhelmingly voted in favor of merging into Service Credit Union at a May special meeting. The merger also met final regulatory approval from the New Hampshire Banking Department and National Credit Union Administration (NCUA).
Former Salmon Falls Community Credit Union President/CEO Dan Clarke said that this announcement comes after "an extensive process and due diligence by the Salmon Falls Board of Directors with the main goal being to provide members with increased services and even more competitive rates."
