The $203 million, 16,400-member Dutch Point Credit Union inWethersfield, Conn., said Friday that it will be merging the $32million, 5,200- member Capitol Region FCU, also inWethersfield.
Capitol Region FCU's membership approved the merger in a specialmeeting and the consolidation is expected to take place in lateOctober, the credit unions said in an announcement.
“We are member-centric organizations who share the same valuesand vision for our members. This is an exciting time becausetogether we can deliver a broader range of products and services,”said Francis Proto, Dutch Point CU president/CEO.
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