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Arrha Credit Union, Pittsfield Cooperative Bank consider merger

SPRINGFIELD — Springfield’s Arrha Credit Union is considering merging with the larger Pittsfield Cooperative Bank, according to a legal ad soliciting feedback from credit union members.

The same staff would handle members’ business, while providing safety and stability for employees, the ad says. Arrha’s ad says the merger would provide economies of scale and increased financial capacity. But consolidation might result in the reduction of some jobs, and there would be some disruption during the transition, the ad says.

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