November 10, 2014
By Stephanie West
Boston, Massachusetts – First Trade Union Bank, staffed by UFCW members has now changed its name to Radius Bank. Radius, one of the few union staffed banks in the country, continues to provide value-added products, leading-edge technology and the highest level of customer service for labor organizations. The new name is a reflection of a commitment to quality service.
Since their founding in 1987, the bank has worked primarily with labor organizations. Radius Bank, formerly First Trade Union Bank has always taken a leadership in developing 'union friendly banking operations.' While the name has changed, the quality of service and commitment to the labor community continues.
The Radius portfolio currently includes more than 180 union organizations and benefit funds. The banks experience working with unions has been critical in preventing fraud and saving money for clients.