Mergers Involving State-Chartered Credit Unions

The following graph shows mergers involving state-chartered credit unions in Connecticut dating back to 2000.  Information on activity in the 1980s and 1990s is available on a historical page.  Visit our credit unions in Connecticut page for institution addresses and links to web sites.

 

Bank mergers chart 

 

Proposed Activity

On January 21, 2020, America’s First Network Credit Union ("AFNCU"), East Hartford, a Connecticut credit union, and Connecticut Transit Federal Credit Union ("CT Transit"), Hartford, a federal credit union, filed an application pursuant to Section 36a-468a of the Connecticut General Statutes seeking approval to merge CT Transit with and into AFNCU.

On September 17, 2019, Mutual Security Credit Union (“MSCU”), a Connecticut credit union, and Merritt Federal Credit Union (“Merritt Federal”), a federal credit union, filed an application pursuant to Section 36a-468a of the Connecticut General Statutes seeking approval to merge Merritt Federal with and into MSCU.

2020

On January 24, 2020, the Commissioner approved the merger of Connecticut Federal Credit Union, North Haven, a federal credit union, with and into America’s First Network Credit Union, East Hartford, a Connecticut credit union.

2019

On July 26, 2019, the Commissioner approved the merger of Danbury Cyanamid Credit Union, Inc., Danbury, a Connecticut credit union, with and into Cornerstone Community Credit Union, Stamford, a Connecticut credit union.

Effective date: August 13, 2019

On June 21, 2019, the Commissioner approved the merger of  CT1 Media Credit Union, Inc., Hartford, a Connecticut credit union, with and into Hartford Federal Credit Union, Hartford, a Federal credit union, pursuant to Section 36a-468a of the Connecticut General Statutes.

Effective date: July 1, 2019

2018

Rogers Federal Credit Union/America's First Network Credit Union

On August 21, 2018, Rogers Federal Credit Union, Rogers, a federally chartered credit union, merged with and into America's First Network Credit Union, Trumbull, a Connecticut credit union, with America's First Network Credit Union as the resulting credit union.

Effective date: September 1, 2018

Connecticut Community Credit Union/CorePlus Federal Credit Union

On April 23, 2018, Connecticut Community Credit Union, Pawcatuck, a Connecticut credit union, merged with and into CorePlus Federal Credit Union, Norwich, a federally chartered credit union, with CorePlus Federal Credit Union as the resulting credit union.

Effective date: April 30, 2018

 

2017

East Hartford Federal Credit Union/America's First Network Credit Union

On March 10, 2017, East Hartford Federal Credit Union, East Hartford, a federally chartered credit union, merged with and into America's First Network Credit Union, Trumbull, a Connecticut credit union, with America's First Network Credit Union as the resulting credit union.

 

2016

Housatonic Teachers Federal Credit Union/Nutmeg State Financial Credit Union

On December 28, 2016, Housatonic Teachers Federal Credit Union, Stamford, a federally chartered credit union, merged with and into Nutmeg State Financial Credit Union, Rocky Hill, a Connecticut credit union, with Nutmeg State Financial Credit Union as the resulting credit union.

 

Wallingford Municipal Federal Credit Union/Cornerstone Community Credit Union

On November 16, 2016, Wallingford Municipal Federal Credit Union, Wallingford, a federally chartered credit union, merged with and into Cornerstone Community Credit Union, Fairfield, a Connecticut credit union, with Cornerstone Community Credit Union as the resulting credit union.

 

MidConn Federal Credit Union/Dutch Point Credit Union, Inc.

On September 20, 2016, MidConn Federal Credit Union, Middletown, a federally chartered credit union, merged with and into Dutch Point Credit Union, Inc., Wethersfield, a Connecticut credit union with Dutch Point Credit Union, Inc. as the resulting credit union. 

 

Stratford Municipal Federal Credit Union/Sikorsky Financial Credit Union, Inc.

On March 29, 2016, Stratford Municipal Federal Credit Union, Stratford, a federally chartered credit union, merged with and into Sikorsky Financial Credit Union, Inc., Stratford, a Connecticut credit union with Sikorsky Financial Credit Union, Inc. as the resulting credit union. 

 

2015

No Activity

2014

Connex Credit Union, Inc./Sargent & Company Employees Federal Credit Union

On November 25, 2014, Sargent & Company Employees Federal Credit Union, New Haven, a federally chartered credit union, merged with and into Connex Credit Union, Inc., North Haven, a Connecticut credit union with Connex Credit Union, Inc. as the resulting credit union.

Brand-Rex Employees Credit Union, Inc./Northeast Family Federal Credit Union

On March 31, 2014, Brand-Rex Employees Credit Union, Inc., Willimantic, a Connecticut credit union merged with and into Northeast Family Federal Credit Union, Manchester, a federally chartered credit union, with Northeast Family Federal Credit Union as the resulting credit union.

 

2013

Dutch Point Credit Union, Inc./Capitol Region Federal Credit Union

On October 26, 2013, Capitol Region Federal Credit Union, Wethersfield, a federally chartered credit union, merged with and into Dutch Point Credit Union, Inc., Wethersfield, a Connecticut credit union, with Dutch Point Credit Union, Inc. as the resulting credit union.

Quiet Corner Community Credit Union, Inc./Charter Oak Federal Credit Union

On June 30, 2013, Quiet Corner Community Credit Union, Inc., Putnam, a Connecticut credit union, merged with and into Charter Oak Federal Credit Union, Groton, a federally chartered credit union, with Charter Oak Federal Credit Union as the resulting credit union.

 

2012

The Greater Norwalk Area Credit Union, Inc./NEA Federal Credit Union

On December 31, 2012, The Greater Norwalk Area Credit Union, Inc., Norwalk, a Connecticut credit union, merged with and into NEA Federal Credit Union, Bardonia, New York, a federally chartered credit union, with NEA Federal Credit Union as the resulting credit union.

 

Hartford Postal Employees Credit Union, Inc./American Eagle Federal Credit Union

On September 26, 2012, Hartford Postal Employees Credit Union, Inc., Wethersfield, a Connecticut credit union, merged with and into American Eagle Federal Credit Union, East Hartford, a federally chartered credit union, with American Eagle Federal Credit Union as the resulting credit union.

Connecticut Energy Employees Credit Union, Inc./Mutual Security Credit Union, Inc.

On May 1, 2012, Connecticut Energy Employees Credit Union, Inc., Bridgeport, merged with and into Mutual Security Credit Union, Inc., Shelton, both Connecticut credit unions, with Mutual Security Credit Union, Inc. as the resulting credit union.

Enbic Employees Credit Union, Inc./360 Federal Credit Union

On January 31, 2012, Enbic Employees Credit Union, Inc., Simsbury, a Connecticut credit union, merged with and into 360 Federal Credit Union, Windsor Locks, a federally chartered credit union, with 360 Federal Credit Union as the resulting credit union.

2011

C.H.H. Credit Union, Inc./Northwest Hills Credit Union, Inc.

On September 23, 2011, C.H.H. Credit Union, Inc., Torrington, merged with and into Northwest Hills Credit Union, Inc., Torrington, both Connecticut credit unions, with Northwest Hills Credit Union, Inc. as the resulting credit union.

2010 

Connex Credit Union, Inc./St. Boniface Federal Credit Union

On March 3, 2010, Connex Credit Union, Inc., North Haven, a Connecticut credit union, merged with St. Boniface Federal Credit Union, West Haven, a federally chartered credit union, with Connex Credit Union, Inc. as the resulting credit union. 

 

2009

The Jordan Mutual Benefit Association/American Mutual Credit Union, Inc.

On December 28, 2009, The Jordan Mutual Benefit Association, Bloomfield, and American Mutual Credit Union, Inc., Bloomfield, merged with and into The Victory/Piaterer Mutual Benefit Association, East Hartford, all Connecticut credit unions, with The Victory/Piaterer Mutual Benefit Association as the resulting credit union.  

 

2008

No Activity

 

2007

New Britain Municipal Employees Credit Union, Inc./Achieve Financial Credit Union, Inc.

On September 24, 2007, New Britain Municipal Employees Credit Union, Inc., New Britain, a Connecticut credit union, merged with Achieve Financial Credit Union, Inc., Berllin, a Connecticut credit union, with Achieve Financial Credit Union, Inc. as the resulting credit union.

 

Mutual Security Credit Union, Inc./Technology Groups Federal Credit Union

On June 6, 2007, Mutual Security Credit Union, Inc., Wilton, a Connecticut credit union merged with Technology Groups Federal Credit Union, Watertown, a federally chartered credit union, with Mutual Security Credit Union, Inc. as the resulting credit union.

 

The West Hartford Credit Union, Inc./The Vendors Mutual Benefit Association

On February 23, 2007, The West Hartford Credit Union, Inc., Simsbury, a Connecticut credit union, merged with and into The Vendors Mutual Benefit Association, West Hartford, a Connecticut credit union.

 

2006

Stamford Healthcare Credit Union Inc./Stamford Telephone Employees Federal Credit Union

On March 6, 2006, Stamford Healthcare Credit Union Inc., Stamford, a Connecticut credit union, merged with Stamford Telephone Employees Federal Credit Union, Stamford, a federally chartered credit union, with Stamford Healthcare Credit Union, Inc. as the resulting credit union.

 

2005

Mutual Security Credit Union, Inc./Main Street members Federal Credit Union

On May 23, 2005, Mutual Security Credit Union, Inc., Wilton, a Connecticut credit union, merged with Main Street Members Federal Credit Union, Stratford, a federally chartered credit union, with Mutual Security Credit Union, Inc. as the resulting credit union.

 

Bethel Stamford Credit Union, Inc./Members Credit Union, Inc.

On June 20, 2005, Bethel Stamford Credit Union, Inc., Stamford, a Connecticut credit union, merged with and into Members Credit Union, Inc., Stamford, a Connecticut credit union.

 

Heim Employees Credit Union, Inc./Mutual Security Credit Union, Inc.

On December 15, 2005, Heim Employees Credit Union, Inc., Fairfield, a Connecticut credit union, merged with and into Mutual Security Credit Union, Inc., Wilton, a Connecticut credit union.

 

2004

Sorvall Employees Federal Credit Union/Mutual Security Credit Union, Inc.

On January 2, 2004, Sorvall Employees Federal Credit Union, Newtown, with and into Mutual Security Credit Union, Inc., Wilton

 

U.S. Baird Employees Credit Union, Inc./McKesson Federal Credit Union

On July 23, 2004, U.S. Baird Employees Credit Union, Inc., Stratford, merged into McKesson Federal Credit Union, Stratford.

 

Harborview Credit Union, Inc./Dutch Point Credit Union, Inc.

On September 24, 2004, Harborview Credit Union, Inc, New Haven, merged with and into Dutch Point Credit Union, Inc., Wethersfield.

 

BIC Credit Union, Inc./General Electric Employees Federal Credit Union

On December 8, 2004, BIC Credit Union, Inc., Milford,  with and into General Electric Employees Federal Credit Union, Milford.

 

2003

B.M.G. Credit Union, Inc./McKesson Federal Credit Union

On July 1, 2003, B.M.G. Credit Union, Inc., Milford, with and into McKesson Federal Credit Union, Stratford

 

2002

Coca-Cola of Hartford Employees Credit Union, Inc./Community Healthcare Credit Union, Inc.

On January 9, 2002, Coca-Cola of Hartford Employees Credit Union, Inc., East Hartford, with and into Community Healthcare Credit Union, Inc., Manchester

 

Connecticut Family Credit Union, Inc./First Bristol Federal Credit Union

On April 18, 2002, Connecticut Family Credit Union, Inc., Bristol, with and into First Bristol Federal Credit Union, Bristol

 

Amphenol RF Operations Employees Credit Union, Inc./Danbury Cyanamid Employees Credit Union, Inc.

On December 31, 2002, Amphenol RF Operations Employees Credit Union, Inc., Danbury, with and into Danbury Cyanamid Employees Credit Union, Inc., Danbury

 

2001

Norwalk Educational Credit Union, Inc./Mutual Security Federal Credit Union

On March 19, 2001, Norwalk Educational Credit Union, Inc., Norwalk, with and into Mutual Security Federal Credit Union, Wilton

 

Taylor & Fenn Co. Employees Credit Union, Inc./The Kief Protective Mutual Benefit Association Incorporated

On March 19, 2001, Taylor & Fenn Co. Employees Credit Union, Inc., Windsor, with and into The Kief Protective Mutual Benefit Association Incorporated, Bloomfield

 

Danbury Municipal Federal Credit Union/Sikorsky Financial Credit Union, Inc.

On March 23, 2001, Danbury Municipal Federal Credit Union, Danbury, with and into Sikorsky Financial Credit Union, Inc., Stratford

 

The Barden Employees Credit Union, Inc./Duracell Industrial Federal Credit Union

On July 2, 2001, The Barden Employees Credit Union, Inc., Danbury, with and into Duracell Industrial Federal Credit Union, Bethel

 

EdConn Federal Credit Union/CenConn Healthcare 

On August 1, 2001, EdConn Federal Credit Union, New Britain, with and into CenConn Healthcare Credit Union, Inc., Meriden

 

New Haven Trolley & Bus Federal Credit Union/New Haven County Credit Union, Inc.

On December 21, 2001, New Haven Trolley & Bus Federal Credit Union, New Haven, with and into New Haven County Credit Union, Inc.

 

2000

Perm-O-Last Employees Credit Union, Inc./Technology Groups Federal Credit Union

On January 28, 2000, Perm-O-Last Employees Credit Union, Inc., Waterbury, with and into Technology Groups Federal Credit Union, Waterbury

 

Plainfield Employees Credit Union, Inc./Connecticut Community Credit Union, Inc.

On March 16, 2000, Plainfield Employees Credit Union, Inc., Plainfield, with and into Connecticut Community Credit Union, Inc., Pawcatuck

 

Backus Hospital Employees Credit Union, Inc./Norwich-Pequot Teachers Federal Credit Union

On April 3, 2000, Backus Hospital Employees Credit Union, Inc., Norwich, with and into Norwich-Pequot Teachers Federal Credit Union, Norwich

 

The Marlin Employees Credit Union, Inc./Bic Credit Union, Inc.

On May 31, 2000, The Marlin Employees Credit Union, Inc., North Haven, with and into Bic Credit Union, Inc., Milford

 

The Mossberg & Sons Employees Credit Union, Inc./Bic Credit Union, Inc.

On August 17, 2000, The Mossberg & Sons Employees Credit Union, Inc., North Haven, with and into Bic Credit Union, Inc., Milford

 

Olin Employees Credit Union, Inc./Mutual Security Federal Credit Union

On October 25, 2000, Olin Employees Credit Union, Inc., Norwalk, with and into Mutual Security Federal Credit Union, Wilton

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