two hands shaking over a desk Source: Shutterstock.

Two Connecticut-based credit unions, Finex Credit Union and First Connecticut Credit Union (FCCU), announced a proposed merger Thursday that would create a combined membership of nearly 20,000 members and assets of more than $150 million.

According to a joint statement from Finex ($103 million in assets, 9,137 members) of East Hartford, Conn., and FCCU ($51.7 million in assets, 11,327 members) of Wallingford, Conn., the proposed merger, if approved by state and federal regulatory agencies as well as an affirmative vote by FCCU members, would bring both credit unions under the Finex brand.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

More from this author


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.