Recent Articles

Financial Talk About Elder Abuse (Free Guide) with Michael S. Ostrowski on Bob Kester Show Rock102

Avoid Financial Elder Abuse - Free Guide: Arrha Credit Union is uniquely positioned to be an early detector of potential financial elder abuse.  We have provided specific financial elder abuse training to help detect fraud.  Unfortunately, scammers prey on the elderly.  We have saved our members hundreds of thousands of dollars against fraudulent behavior.  Consumer Financial Protection Bureau recently reported that “older adults ages 70 to 79 lost on average $45,300.  And when the older adult knew the suspect, the average loss was even larger–about $50,000.”  And “financial exploitation has been called ‘the crime of the 21st century’ with one study suggesting that older Americans lost at least $2.9 billion to financial exploitation in 2010 by scammers, including people they know and trust, as well as strangers.” Here is a free copy of...

Michael S. Ostrowski, President and CEO of Arrha Credit Union Teaches Financial Literacy At Pope Francis Preparatory School

Michael S. Ostrowski, President and CEO of Arrha Credit Union teaches financial literacy to high school students at Pope Francis Preparatory School in Springfield, Massachusetts.  

 

 

‘Tis the season for ‘open enrollment’ scams

Winter is coming, which means open enrollment season is here. With 2020 just around the corner, now’s the time to add or change your health coverage through Medicare or the Affordable Care Act (ACA). You have until December 7 (Medicare) or December 15 (ACA) to make any changes. As you compare your options, watch out for scams. Here are some tips to protect your wallet and your personal information this open enrollment season.

Arrha Credit Union Raising Alzheimer's Awareness in Pioneer Valley – Join the Community to Help Find a Cure by Golfing or Walking.

Michael S. Ostrowski, President and CEO; John Lund, Chief Financial Officer; and Michael Kelley, Mortgage Originator of Arrha Credit Union, invites everyone of all ages and abilities to help raise Alzheimer’s awareness and find a cure.  “Our goal is to get as many people in the Pioneer Valley and beyond to participate in the James E. Graham Jr. Memorial Golf Tournament on Saturday, September 14, to raise funds for the Alzheimer's Association and participate in the 2019 Walk to End Alzheimer's on Sunday, September 15 to End Alzheimer’s.  The golf tournament and walk is about continuing to build a community to honor our loved ones and find a cure,” states Lund. 

 

Arrha Credit Union Welcomes New Board Member, Attorney Ryan J. Barry of Springfield

Arrha Credit Union, welcomes and announces the appointment of a new Board Member, Ryan J. Barry, Attorney at Bulkley, Richardson and Gelinas, LLP located in Springfield. We are very fortunate to have Ryan join our board as gratuitous as we continue to focus on our community mission to have our members always feel at home, be the go-to for all their financial needs, and to serve our members/communities as a not-for-profit financial institution by offering competitive dividend rates, low loan rates, and reduced fees for services.

Arrha Welcomes Pamela Sanborn As the West Springfield Assistant Branch Manager

"Arrha Credit Union is extremely pleased to welcome and introduce Pamela (Pam) Sanborn as our new West Springfield Assistant Branch Manager," states Michael S. Ostrowski, President and CEO. Pam has over 20 years of banking experience and been recognized throughout her banking industry career for outstanding member service.