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Amid consolidation wave, CT has lost 45% of its credit unions in 15 years

Fifty-seven years after it was founded to provide financial services to Danbury Hospital employees, Western Connecticut Federal Credit Union is seeking to become part of SoundView Financial Credit Union. The two Bethel-based credit unions with $34.6 million and $43.8 million in assets, respectively asked to merge in February. So did Sikorsky Financial Credit Union ($1.1 billion in assets) and McKesson Federal Credit Union ($31.1 million in assets), both based in Stratford.

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