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CT’s Largest CU to Merge With Wellness Federal Credit Union

CT’s Largest CU to Merge With Wellness Federal Credit Union

by The Commercial Record | Feb 26, 2024 | Banking & Lending, CR Daily, Industry News

American Eagle Financial Credit Union, the state’s largest credit union, and Hartford-based Wellness Federal Credit Union have filed papers to merge, following votes by their respective boards of directors to combine forces.

American Eagle CU Hands Out Grants

American Eagle CU Hands Out Grants

by The Commercial Record | May 10, 2023 | Banking & Lending, CR Daily, Industry News

American Eagle Financial Credit Union announced the top vote recipients from the latest round of its Cash Back to the Community program. The first three winners of 2023 will each receive $9,086.

American Eagle Donates to Pediatric Care, Social Services Organizations

American Eagle Donates to Pediatric Care, Social Services Organizations

by Diane McLaughlin | Dec 28, 2022 | Banking & Lending, CR Daily, Industry News

American Eagle Financial Credit Union recently made donations to social service and pediatric care organizations.

American Eagle Promotes 10 AVPs

American Eagle Promotes 10 AVPs

by The Commercial Record | Nov 16, 2022 | Banking & Lending, CR Daily, Executive Briefing

East Hartford-based American Eagle Financial Credit Union has promoted 10 employees across several business units to the role of assistant vice president.

American Eagle FCU Promotes Six Executives

by The Commercial Record | Mar 7, 2022 | Banking & Lending, CR Daily, Executive Briefing

East Hartford-based American Eagle Financial Credit Union has promoted six employees to executive-level positions following several retirements over the last year and the start of Howard Brady’s tenure as president and CEO in January.

American Eagle’s New CEO Looks to Anticipate Members’ Needs

American Eagle’s New CEO Looks to Anticipate Members’ Needs

by Diane McLaughlin | Feb 17, 2022 | Banking & Lending, CR Daily, Industry News

Howard Brady became American Eagle Financial Credit Union’s president and CEO in January, taking over when Dean Marchessault retired.

FBI Offers Reward for Suspect in 11 Bank Robberies

FBI Offers Reward for Suspect in 11 Bank Robberies

by The Associated Press | Feb 11, 2022 | Banking & Lending, CR Daily, Executive Briefing

The FBI is offering a reward of up to $10,000 for information that leads to the arrest and conviction of a man suspected of carrying out nearly a dozen bank robberies along the Interstate 91 corridor in Connecticut, Massachusetts, New Hampshire and Vermont.

McEleney Joins AEFCU as Chief People Officer

McEleney Joins AEFCU as Chief People Officer

by The Commercial Record | Aug 27, 2021 | Banking & Lending, CR Daily, Executive Briefing

East Hartford-based American Eagle Financial Credit Union has hired Ryan McEleney as its senior vice president and chief people officer.

Marchessault to Retire from AEFCU

Marchessault to Retire from AEFCU

by The Commercial Record | May 17, 2021 | Banking & Lending, CR Daily, Executive Briefing

East Hartford-based American Eagle Financial Credit Union will have a new leader next year after President and CEO Dean Marchessault retires at the end of 2021.

Staff and Technology Key to Record Loan Volumes in 2020

Staff and Technology Key to Record Loan Volumes in 2020

by Diane McLaughlin | Mar 18, 2021 | Banking & Lending, Industry News, Top Lenders

Lenders saw refinance activity in Connecticut double in 2020 compared to 2019, with more than $26.25 billion in residential refinancing, according to The Warren Group, publisher of The Commercial Record. The number of loans originated in the state rose by 74 percent compared to 2019 to more than 89,000 loans.

New Tech Partnerships Mark PPP Rollout in CT

New Tech Partnerships Mark PPP Rollout in CT

by Diane McLaughlin | Apr 16, 2020 | Commercial & Industrial, Coronavirus, CR Daily, Industry News

With only one week from the creation of a $349 billion small business loan program to its roll out, banks reported working late nights and weekends to prepare for and begin processing loans meant to help small businesses experiencing financial difficulties due to the coronavirus pandemic.

Lenders Offer Personal Loans to Help Customers

Lenders Offer Personal Loans to Help Customers

by Diane McLaughlin | Apr 6, 2020 | Banking & Lending, Coronavirus, CR Daily, Executive Briefing

While stay-at-home advisories and the closing of nonessential businesses have focused recent attention on the hardships of small businesses, the coronavirus outbreak also highlights the financial situations of individuals with low- and moderate-incomes.

American Eagle Promotes 10 AVPs

American Eagle Financial CU Expands into New Haven Area with New Branch

by The Commercial Record | Sep 25, 2019 | Banking & Lending, CR Daily, Industry News

One of Connecticut’s largest credit unions, the $1.88 billion-asset American Eagle Financial Credit Union, is moving into New Haven County with a branch opening in North Haven next week.

Glastonbury Office Property Sells for $2.65M

Glastonbury Office Property Sells for $2.65M

by The Commercial Record | Apr 17, 2019 | Commercial & Industrial, CR Daily, Industry News

A 29,759-square-foot Glastonbury office property has changed hands for $2.65 million.

American Eagle Financial Credit Union Opens First Branch in Avon

American Eagle Financial Credit Union Opens First Branch in Avon

by The Commercial Record | Apr 17, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News

American Eagle Financial Credit Union, which has more than 135,000 members and holds roughly $1.6 billion in assets, has opened its first branch in Avon, located at 427 West Avon Road. 

CT’s Largest CU to Merge With Wellness Federal Credit Union

American Eagle Financial Credit Union Looks to Expand Membership

by The Commercial Record | Feb 26, 2019 | Banking & Lending, CR Daily, Industry News

American Eagle Financial Credit Union is seeking to expand its services into Massachusetts.

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