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
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
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
1 day ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
1 day ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
1 day ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
1 day ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
1 day ago