Webster First Case Study

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Webster First Federal Credit Union: Small Town Feel, Large Scale Operations
Even though Digital Federal Credit Union is a country wide credit union, Webster First Federal Credit Union is a successful and growing credit union because of recent mergers including, Saugus Federal, Fitchburg Federal, Winthrop Federal, and Filene Federal Credit Unions. Webster First merged with these credit unions in early 2010 and has seen their total assets increase from about $400 million in 2005 to $635 million in 2013.
On June 13, 2011 it was posted that The Board of Directors of the Saugus Federal Credit Union announced that they had reached an agreement to merge with Webster First Federal Credit Union of Worcester. Saugus Federal Credit Union was a 73 year old institution that would still serve their current membership and community that they always had, while also keeping all offices and staff in place. Webster First was able to supply Saugus Federal with, “far greater resources and the ability to improve and expand the products and services offered to our members, including mobile …show more content…
On November 24, 2011 the Telegram and Gazette posted an article stating that Webster First was planning their second merger of the year with Fitchburg Municipal Employees Federal Credit Union. Fitchburg Federal had lost $84,503 during the nine months ending September 30, 2011 according to a report filed with the National Credit Union Administration. Not only were they losing money but they had been ranked among the weakest credit unions in the country. In the same time period Webster First recorded a net income of $5.4 million. It only made sense for Fitchburg Federal to find a larger and more successful credit union that they could merge with. The merge became official on November 30, 2011 and all employees that were part of Fitchburg Federal were

Mike Webster Research Paper

Mike Webster was a famous American football player who played center for the Pittsburg Steelers and Kansas City Chiefs from 1974 to 1990. He is a member of the Pro Football Hall of Fame and was inducted in the class of 1997. Nicknamed “Iron Mike”, Webster was the anchor to the Pittsburgh Steelers’ offensive line as the team made a run of four Super Bowl victories from 1974 to 1979 and is considered by some as the best center in NFL history. The death of Mike Webster has changed the way the game…

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Daniel Webster

Daniel Webster Daniel Webster was born in Salisbury, New Hampshire, on January 18, 1782. Daniel was delicate, but a brilliant child, his family realized this, and made great expense to put Daniel and his brother Ezekiel through school. After graduating from Dartmouth College, he studied law and was admitted to the bar in Boston in 1805. Daniel Webster, was a well known public speaker and major constitutional lawyer; he was a major congressional representative for the Northern Whigs during…

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variety of fields. In the nineties, after coming to America, he next became interested in neuropathology, or the study of diseases, specifically in the brain. Pathologists use a patient's organs and bodily fluids to determine the existence of various diseases. His interest and training in this field would help him immensely when the day came for him to perform the autopsy of Mike Webster.…

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Suicide and Sociologist Emile Durkheim Essay

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Summary: Therapeutic Communication

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395 seminar Final Paper

effects of inefficient bureaucracies? An evaluation of Leff’s misunderstood thesis Corruption is bad for growth. It has been shown to be bad on a variety of different indexes of economic development. However, few studies have been able to separate the effects of corruption from the localized effects of other institutions like government structure, government business relations, etc. As such, Leff’s hypothesis from 1964 that bureaucratic corruption can facilitate…

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