
Connecticut Sees More Credit Union Mergers
The merger of small credit unions with other institutions continues in Connecticut, with two deals already this year.
The merger of small credit unions with other institutions continues in Connecticut, with two deals already this year.
After a seemingly quiet couple of years, bank mergers and acquisitions have picked up in Connecticut. And lenders are challenged to deal with the disruptions they cause in customers’ lives.
The Connecticut Department of Banking has recently approved the merger between Hartford Federal Credit Union and CT1 Media Credit Union Inc.
Two credit unions in Hartford are planning to merge.