Connecticut

• WesCorp Losses Far Outpace Other Corporates

  By Heather Anderson  |  May 20, 2013

  According to legacy asset loss estimates provided to Credit Union Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than those that were made at other failed corporates.

• Charter Oak Gets Final Approvals to Take in Quiet Corner Community CU

  By Marc Rapport  |  May 16, 2013

  The $779 million Charter Oak FCU in Groton, Conn., will grow by 600 members with June 30 merger.

• GSE Qualified Mortgage Limit Will Have Little Impact

  By David Morrison  |  May 15, 2013

  The bulk of credit union and CUSO mortgage programs will see minimal impact from Fannie Mae and Freddie Mac limiting the secondary market to only qualified mortgages, according to credit union and CUSO ­executives.

• WesCorp’s Legacy Losses Outpace Other Corporates

  By Heather Anderson  |  May 13, 2013

  As of year-end 2012, WesCorp’s estimated losses were $5.7 billion, representing 84.4% of the nearly $6.8 billion in total estimated legacy asset losses.

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  Keith Wiemert Named Interim CEO at Connecticut League

  By Marc Rapport  |  May 8, 2013

  Seasons FCU CEO, CULC board chair to fill in while successor sought for departed Tony Emerson.

• Banks Renew Lures for Small Businesses

  By Michelle A. Samaad  |  May 8, 2013

  If it’s all about location, location, location when opening a business, credit unions may want to pay attention to several cities in Florida, California and Texas.

• GSE Change Seen Minimal for Credit Union Mortgage Lenders

  By David Morrison  |  May 7, 2013

  Not much impact seen from Fannie Mae, Freddie Mac decision to buy only qualified mortgages after Jan. 10, 2014.

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  Onsite Coverage: Singer's Social Media Surge Provides Message on Disruptive Innovation

  By David Morrison  |  May 1, 2013

  CHICAGO — A rising rock star who got herself discovered on Google+ brought her message on the disruptive power of social media to THINK 13.

• Core Platform Switches in Indiana, Connecticut

  By Marc Rapport  |  May 1, 2013

  Scient in Groton, Bar-Cons in Columbus moving to PhoenixEFE, Sharetec.

• Small Businesses Hit by Hurricane Sandy to Receive $19 Million in Grants

  By Michelle A. Samaad  |  April 26, 2013

  SBA funding available through package approved by Congress in January.