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2 Conn. credit unions to merge in November

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2 Conn. credit unions to merge in November

Middletown, Conn.-based MiddConnFederal Credit Union ($21.3 million) is set to merge into Wethersfield,Conn.-based Dutch Point Credit Union($263.4 million), effective Nov. 1, according to an announcement posted on DutchPoint CU's website.

A press release posted on CUInsight.com said federal and stateregulators as well as MiddConn FCU members have approved the proposed merger, whichwill see a combined institution with about 23,500 members, seven branches and assetsof more than $280 million.