GreenState Credit Union lays off 42 employees

GreenState Credit Union is reducing its workforce by cutting 42 jobs, effective immediately.

The 42 employees across the organization, which primarily had roles in GreenState’s mortgage and commerical departments, represents less than 5% of the company’s total staff, according to Chief Marketing Officer Jim Kelly. The news was first reported by The Gazette.

The company said the move was “necessary” due to external market corrections that impact…