Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Two Connecticut CUs merge
NORTH HAVEN and NEW HAVEN, Conn. (4/5/10)--Two Connecticut credit unions have been granted approval to merge, according to the Connecticut Department of Banking. Connex CU, a $386 million asset credit union based in North Haven, and St. Boniface Parish FCU, based in New Haven, received approval on March 3, according to a bulleting on the state regulator's website. The surviving credit union will be called Connex CU. Connex CU President/CEO John Edwards, in a statement to local media, said the merger will help grow Connex's membership base and will offer St. Boniface Parish members more products and services (The New Haven Register April 2). St. Boniface Parish CU has more than 100 members and was operated from the home of its CEO, Susan Smith. Smith told the publication the parish had closed. The credit union sought a partner and Connex had a local presence in New Haven, she added. Connex CU is the state's fifth-largest credit union, with about 40,000 members and seven branches.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
5 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
6 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
6 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
7 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
8 hours ago