Client Success

Congratulations to our client, Workers Federal Credit Union, on receiving $150 million in additional capital under the U.S. Treasury Department’s ECIP program

Congratulations to our client, Workers Federal Credit Union, on receiving $150 million in additional capital under the U.S. Treasury Department’s ECIP program, which targets funds to banks and credit unions that are active in lending in lower income communities.  Based in Central Massachusetts and founded more than a century ago, Workers recently converted to a federal charter to expand the geographical scope of its operations, and the additional capital received will be targeted to underserved communities within its expanded field of membership.  Steven D. Eimert , Jonathan F.X. O’Brien, and Julia C. Royce, attorneys in the firm’s Business Law Department, handled the legal work for Workers.