Nutmeg State Financial Credit Union, based in Rocky Hill, and First Bristol Federal Credit Union announced Thursday they plan to seek regulatory approval to merge their two institutions into a single, 48,000-member institution.
Several Connecticut-based community development financial institutions (CDFIs) will receive more than $12 million in COVID-19-related funding from the U.S. Department of the Treasury. The grants are part of a $1.25 billion program to provide COVID-19 relief funds to 863 CDFIs nationwide.
Rocky Hill-based Nutmeg State Financial Credit Union opened a new branch in Norwalk yesterday, its first in Fairfield County and fourth in a partnership with the Connecticut Department of Motor Vehicles.
One of Connecticut’s small lenders is using fintech to prove it can play the same game as big, national lenders and win.
Nutmeg State Financial Credit Union is partnering with a credit union service provider in order to improve the overall efficiency of its mortgage services.
Nutmeg State Financial Credit Union has introduced a new loan program designed specifically for low-income families.
Nutmeg State Financial Credit Union will consolidate its corporate offices at 500 Enterprise Drive in Rocky Hill this month in order to improve operational efficiency and reduce business costs.
Rocky Hill-based Nutmeg State Financial Credit Union has opened its second DMV express branch.
The chairman of the board of directors at Rocky Hill-based Nutmeg State Financial Credit Union is now on the board of directors of the National Association of Credit Union Chairmen.
With the world of banking getting more and more digital every day, financial institutions need to be creative with physical branches to ensure they are efficient, but still able to successfully generate foot traffic.
Rocky Hill-based Nutmeg State Financial Credit Union has purchased a Colorado-based credit union service organization.
Rocky Hill-based Nutmeg State Financial Credit Union has filed an application with the Connecticut Department of Banking to open a full service branch in Milford.
New Haven-based Start Community Bank, Rocky Hill-based Nutmeg State Financial Credit Union and Capital for Change all received financial awards from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund.
