Connecticut

Nutmeg State Financial Acquires DaLand Solutions, Will Operate As CUSO
June 14, 2018 – Nutmeg State Financial Credit Union has acquired technology and professional services provider DaLand Solutions.The credit union reports DaLand, based in Aurora, Colo., will operate as a wholly owned CUSO of the $450-million CU (via CUToday.info). READ

NCUA Board Approves Request from Connecticut DOB for FISCUs to be Exempt from Provisions of CUSO Regulation
April 30, 2015 – The NCUA Board today approved the exemption of Federally Insured State Chartered Credit Unions in the state of Connecticut from provisions of the credit union service organization regulation (12 C.F.R. 712.3(d)(1), (2) and (3)). 

Credit Union Profits Soar in Westerly
April 14, 2015 – The Westerly Community Credit Union reported Tuesday that its profits rose more than 29 percent in 2014 compared with the previous year.

Perez Selected as Connecticut’s New Commissioner of the Department of Banking
February 18, 2015 – Hartford, Conn. – Connecticut Gov. Dannel P. Malloy announced Feb. 13 that Jorge Perez of New Haven, Conn., will serve as Connecticut’s Commissioner of the Department of Banking. READ

Connecticut Ends 2014 with Two New State Charters
December 31, 2014 – Hartford, Conn. – Connecticut ended 2014 with two new state charters: American Eagle Financial Credit Union, Inc., of East Hartford (formerly American Eagle Federal Credit Union), and Nutmeg State Financial Credit Union, Inc., of Rocky Hill (formerly Nutmeg State Federal Credit Union).

Connecticut Department of Banking Commissioner Howard Pitkin to Retire
December 19, 2014 – Hartford, Conn. – Conn. Gov. Dannel P. Malloy today announced that after nearly 40 years of service with the state agency, Department of Banking Commissioner Howard Pitkin intends to retire in January.

Stamford Credit Unions Donate $4,000 to Food Bank of Lower Fairfield County
November 25, 2014 – Stamford, Conn. – Stamford-area credit unions and the Connecticut Credit Union Charitable Foundation have donated $4,000 to The Food Bank of Lower Fairfield County which was in need of providing more turkeys than ever for the holiday.

Massachusetts, North Carolina and Wisconsin Regulators Elected to the NASCUS Board
September 10, 2014 – Nashville, Tenn. – At the 2014 NASCUS Annual Meeting on Sept. 10 in Nashville, three NASCUS Board members began new three-year terms.

Connecticut Credit Unions Nab State Sales Tax Exemption
May 26, 2014 – Hartford, Conn. – Tucked into the state budget implementer’s bill enacted at the close of the recent legislative session, is an exemption for state credit unions from paying the 6.35 percent levy on purchases of office supplies, furniture and equipment, and other capital goods, credit union promoters say.

Connecticut Department of Banking, Securities and Business Investments Division Addresses Virtual Currency in ‘Informed Investor Advisory’

May 12, 2014 – Hartford, Conn. – The Department of Banking issued an advisory today cautioning investors to consider the risks associated with virtual currencies. Virtual currency, which includes digital and crypto-currency, are gaining in both popularity and controversy. Growing numbers of merchants, businesses and other organizations currently accept Bitcoin, one example of crypto-currency, in lieu of traditional currency. The advisory is available at www.ct.gov/dob.

 

 

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