The $779 million Charter Oak FCU in Groton, Conn., will grow by 600 members with June 30 merger.
Bank veteran joins Connecticut credit union to bolster business lending operation.
Merger would give $763 million Charter Oak its 13th branch in London and Windham counties.
Ten organizations will be able to do more to help their Connecticut community thanks to grants from Charter Oak FCU.
One credit union was recently named Utah’s top lender for 2011 by the SBA and two others are turning to the agency’s loans to help more small businesses.
Pay out of $100 each to more than 2,700 members by Connecticut CU.