Connex CU Acquires Smaller CU In Merger

NORTH HAVEN, Conn.—The $400-million Connex Credit Union is acquiring Sargent Employees FCU via a merger. SEFCU has 700 members and $3.4 million in assets.

The Sargent Employees branch, which is located inside a manufacturing facility, will close Feb. 27. An ATM will remain on site.

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