MEFCU and USAlliance Merger


USALLIANCE Financial is an innovative, dynamic, and industry-leading not-for-profit financial institution that offers a full range of banking and loan products. Currently serving 140,000+ members across the nation with over $2.5 billion in assets, USALLIANCE is headquartered in Rye, New York, with Operations Centers located in Chelmsford, Massachusetts, and Clearwater, Florida, with several branches throughout New York, Massachusetts, Connecticut, and New Jersey. As a financial cooperative, members have access to over 5,800 shared branches and 30,000+ surcharge-free ATMs across the United States. For more information, visit their website at

Click here for a summary of USALLIANCE Financial member benefits.


MEFCU will merger into and become a division of USALLIANCE after the membership vote. We expect the merger to take effect after close of business February 28. Existing MEFCU members will continue to access and maintain their accounts through the MEFCUDirect mobile and online banking or through the MEFCU call center. We plan to migrate MEFCU accounts to USALLIANCE's mobile and online banking before the end of 2023. In the meantime, we will unveil new benefits to MEFCU members after the merger, including reducing or waiving certain fees, adding a new, higher yielding savings account, and more.

Thank you for your valued membership!