September 11, 2008
St. Mary's Launches Business Department
By Matthew L. Brown
Marlborough-based St. Mary's Credit Union has opened a business services department aimed at small and mid-sized businesses.
The new department will offer business loans, business savings and checking accounts, electronic banking and merchant card processing services. In connection with the establishment of the new department, the credit union will also expand its educational forums to include workshops for small and mid-size business owners.
The business services department will be headed by David McHugh, the credit union's vice president for commercial lending.
This is the first time in the credit union's nearly 100-year history that it has offered business-focused services.
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