Recent Articles

Annual Meeting

2021 Held Annual Meeting

In accordance with the Bylaws, Arrha Credit Union held its annual meeting on Tuesday, April 6, 2021 at 145 Industry Avenue, Springfield location. To ensure the safety of members and staff social distancing, temperature checks, face masks, and CDC cleanliness protocols were exercised. 

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Tony Franco is here for all your commercial, business-lending needs.  Tony is ready to help and lead you through the process.  You can reach him at or 413-205-2015. 

Real Estate Mortgages (Property Purchase, Rental, Retail Property, Physical Plant for Manufacturing)

Term Loans (Purchase/Financial Commercial Business, Equipment and Vehicles)

Revolving Line of Credit (working capital)

PPP Loan:

Second Round of COVID-19 Relief For Small Business Is Now Available. To combat COVID-19, ask Tony how the Paycheck Protection Program (PPP) portion of the CARES Act can offer you financial relief for your small business. Tony is ready to help and lead you through the process. You can reach him at or call him at 413-205-2015. More details at

Arrha Credit Union Congratulates & Appoints Acting CFO, Lucas Manzi, To Permanent Position

Michael S. Ostrowski, President and CEO of Arrha Credit Union, congratulates acting CFO, Lucas Manzi, to permanent position.  Manzi was recently promoted to acting Chief Financial Officer. Prior he was the Accounting Department and Finance Manager at Arrha Credit Union. “Lucas is a valuable contributor and rising star at Arrha,” states Ostrowski.  “The board of directors, senior team, and staff are thrilled to have Lucas officially assume the CFO position,” states Ostrowski.  “I am excited to assume the CFO role on a permanent basis,” said Manzi.

ACU Announces COVID-19 Bonus Pay And Extra Day Off

Arrha Credit Union Announces COVID-19 Bonus Pay And Extra Day Off BusinessWest, December 23, 2020   SPRINGFIELD — Michael Ostrowski, president and CEO of Arrha Credit Union, announced the organization has paid its staff a hazard-pay bonus for all their efforts during COVID-19. “They are essential workers and continue to be vulnerable throughout this pandemic,” Ostrowski said. “Because of their dedication, resourcefulness, positive attitudes, amazing teamwork, exceptional member service, and commitment, we and the board of directors are honored to provide a hazard-pay bonus.

Don’t Let COVID-19 Infect You With Fraud


1. Fake “corona” insurance: Watch for fake health-insurance agents selling low- priced insurance to cover coronavirus “treatment.” Simply hang up on robocalls.

2. Cancelled health insurance: Beware of bogus calls warning you that your health insurance was “cancelled.” Most of these are attempts to steal your personal information.

Annual Meeting Cancelled

DUE TO THE CORONAVIRUS (COVID-19) and latest updates by Governor Baker, we are canceling our Annual Meeting.  We will provide an update and notification when we will hold our Annual Meeting in the future.  Thank you for your patience.

Question, please contact Amy Waddell at 413-205-2012 or