Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Hamden FCU Wepawaug Flagg FCU to merge
HAMDEN, Conn. (6/9/10)--Two Hamden, Conn.-based credit unions have agreed to merge, with Hamden FCU joining Wepawaug Flagg FCU, pending approvals from members and regulators. The credit union will operate under the Wepawaug Flagg name. Hamden FCU Chairman and CEO Kevin Shields said the credit unions wanted to provide expanded services to members. Another key factor in the decision was the increase in regulations in the past few years, he said (Euclid Infotech June 5). The merger is expected to close on June 30, according to Michael Hinchey, president/CEO of Wepawaug Flagg FCU. There are no plans to close branches, and the credit union hopes to retain Hamden FCU employees, he said. Chartered in 1962, the nearly $7 million asset Hamden FCU has an office in Hamden and one at Southern Connecticut State University in New Haven serving more than 1,800 members. Wepawaug Flagg FCU, established in 1936, serves more than 30 select employer groups, including certain municipal employees of New Haven and the Board of Education employees in Hamden and Cheshire. It has nearly $64 million in assets and serves more than 10,500 members.


RSS





print
News Now LiveWire
.@CUCB #Creditunion #CherryBlossom Run registration transfer period is 2/1 - 2/28. Read more here: http://t.co/wup6XPWtcC 2of2
1 hour ago
.@CUCB CU Cherry Blossom Run organizers say accepted runners who can't race can transfer registratrion to runners who didn't get in. 1of2
1 hour ago
Jobless claims drop to lowest level since 2000 http://t.co/ywyVpWJT1x @USDOL #unemployment #workforce #labor
1 hour ago
Wanted: 12 young writers for @CUNA's youth fin ed resource #Googolplex #NewsNow http://t.co/cwR9ph3BvJ
1 hour ago
Registration now open for @CUNA @WOCCU summer conference in Denver July 12-15 http://t.co/opq1jypsXL #ACUC #CUinDenver2015
18 hours ago