Connecticut’s credit union consolidation continues in 2023 with two more mergers planned.

Bethel-based SoundView Financial Credit Union plans to merge with Western Connecticut Federal Credit Union, which is also based in Bethel.

Western Connecticut FCU has about $34 million in assets and 2,900 members, according to National Credit Union Administration data. The field of membership includes the towns of Bethel, Bridgewater, Brookfield,  Danbury, New Fairfield, Newtown, New Milford, Redding, Ridgefield and Sherman.

Westren Connecticut FCU looks to merge into SoundView Financial Credit Union, which has about $44 million in assets and 3,500 members. SoundView’s field of membership includes Fairfield and Litchfield counties, as well as several employer groups. In addition to a branch in Bethel, SoundView has a branch at Gillette’s headquarters in Boston, Massachusetts.

“During economically challenging times it is good to evaluate options that keep us organizationally strong and adaptable,” Daniel O’Neill, board chair of Western Connecticut FCU, said in a statement. “We have considered merging with other like-minded organizations for a number of years, and I believe this merger is an important next step in helping to best serve our members. This merger, with a competitive credit union, will increase the size of our unified organization, thereby opening doors for better services, rates, and options.”

The credit unions have targeted the third quarter for completing the merger, and staff at both institutions will be retained.

Sikorsky Financial Credit Union, which is already working on one merger, plans to acquire Stratford-based McKesson Federal Credit Union, according to the Connecticut Department of Banking’s weekly report.

McKesson FCU, which is primarily sponsored by employee groups, has about $31 million in assets and 2,700 members. In addition to a branch in Stratford, McKesson FCU has branches at Griffin Hospital in Derby and Bridgeport Hospital’s Milford campus.

Sikorsky Credit Union, also based in Stratford, has $1.1 billion in assets and about 58,000 members. One of the state’s largest credit unions, Sikorsky Credit Union has nine branches and a field of membership that includes anyone who lives, works, worships or volunteers in Fairfield, New Haven and Hartford counties.

Sikorsky Credit Union is also in the process of merging with Bridgeport City Employees Federal Credit Union, which has about $31 million in assets and 3,800 members. Bridgeport City Employees FCU members vote on the proposed merger on April 19.

At least three other mergers involving Connecticut credit unions have been proposed.