Constitution Members Give Nod to Federal Charter
WALLINGFORD, Conn.- Constitution State Corporate Credit Union, Inc. members overwhelmingly approved the corporate's move to a federal charter, operating as .Constitution Corporate Federal Credit Union. According to the corporate 96% of members who voted were in favor of the change. Members had 45 days to send in mail ballots. There was also a special membership meeting held July 28. "A federal charter will enable Constitution to expand membership opportunities to credit unions that are not currently eligible to do business with us," said Constitution President/CEO Robert Nealon. The $1.7 billion Constitution is one of 14 corporates with a federal charter.