Ingrid Longo

Proposed VESCU merger gives pause

Ballots have been mailed to the members of the Vermont State Employees Credit Union (VSECU), seeking votes to support a merger with the New England Federal Credit Union.

As a 40-year member of VSECU, I was curious about what this merger could mean for me and the family of VSECU members. VSECU is a Vermont state-chartered financial institution, and as such, it is locally owned by its members, who have control over how it is managed.

I did a little research, and found material on VtDigger that explores what changes might be in store for the membership. I also found a link to, with information provided by a small group of loyal long-term VSECU board members and a former CEO opposed to the prospective merger.

I am concerned about the assertions of these board members about the secrecy in which the contract regarding the merger has been held and the lack of transparency regarding its various stipulations.

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Glimmer of recognition

‘I realized that this man — one who takes pride and is well respected in the community for his decades of sobriety — was in medical distress.’

Walking down Elliot Street last week, enjoying the sun and the breeze as I headed back to my office mid-afternoon, I noticed a man sitting on shop steps about a block ahead of me. As I got closer, he slowly started to tip over, leaning toward the step on...

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