In July of 2021, MCLG, Incorporated acquired Cent Credit Union, a Maryland credit union. This acquisition was made in order to strengthen the operations of both MCLG Incorporated and Cent Credit Union, which have over one hundred years of experience between them. As part of this acquisition, the names of MCLG, Incorporated and Cent Credit Union were combined into a new name, “Century CreditUnion Mason City”, which is located in Mason City, Maryland. The acquisition resulted in several changes to the credit union, as it now has over one hundred locations throughout the entire state of Maryland. These changes included new building, employee positions, and a new marketing campaign. The following is a short overview of the MCLG, Incorporated and Cent Credit Union Mason City, Maryland businesses.
MCLG, Incorporated is the largest Credit Union in the state of Maryland. They have branches in Annapolis, Waldorf, Chestnut Hills, Towson, El Dorado, and four others cities in northern Maryland. The company was started in February twentieth of last year and was run through two partners; Bill Ritterer and Richard J. Collins. The two partners started their business by purchasing five hundred and fifty square feet of land from the city of Mason City, which later became the main headquarters of the MCLG, Incorporated.
The original business began by serving food and taking walk-in clients. Later they expanded their services to include auto insurance, mortgages, life insurance, retirement accounts, and much more. MCLG, Incorporated also serves a large number of individuals through other mediums; one of which is their Credit Counseling Services division. This has been a successful venture for them since it is a service that they are very familiar with and feel comfortable working with individuals through. The other division that they oversee is the MCLG, Incorporated Employment Services department.
Many of the employees of the MCLG, Incorporated, have families that live in the state of Maryland. As such, they take great care to make sure that all persons related to them are well taken cared of, especially during the periods when they are gone. Many times there will be a notice posted stating that a deceased member of the company is no longer able to work inside of the building due to reasons relating to his health or financial situation. In many cases this notice will also be posted outside of the building.
Upon receiving such notice, the employee may choose to recover some of the wages that were lost due to the inability of that person to work. If this person is not a member of the company then the cent members of the MCLG, Incorporated have the option to interview that person in order to try and get them re-employed within the company. If that person is not able to work with the employees of the MCLG, Incorporated Credit Union then they may be offered a position with the company on the outside. There will be a lot of crossover employees as well as former cent members who will seek employment with the MCLG Credit Union due to the fact that they know the members and the working conditions that are offered. In fact, this will be a great opportunity for any person who has experience with management level positions in a corporate setting.
When the company makes a decision to merge with another corporation, it is imperative that each of the corporations find out what the credit union and their members will be doing. The reason why this information is so vital is because it allows both corporations to align themselves together in terms of services that are needed. Many times when companies merge with one another they take the services that are already provided and simply add on the additional services. For instance, many companies provide health plans, retirement plans, and other similar benefits.
Often, if a cent member works for a company that does not offer the particular benefit that the member is interested in then they can go out and explore the opportunity on their own. If they come across an organization that offers that benefit and they like what they see and feel comfortable doing then they can join the organization and become a cent member. Once a cent member becomes a member of the credit union, they cannot be terminated from their position by the company. A company can also refuse to hire any employee who becomes a member of the credit union without cause.
If you work for a cent or MCLG company and you would like to become a part of the credit union and work for their company, all you have to do is contact your employer first and let them know that you want to join the credit union. Many times a company will allow this because it helps them to maintain good relations with all their employees. After you have officially joined the company and are working for them, you may need to attend a special meeting of the board of directors of the credit union. At this meeting you will be formally accepted into the organization.