WALLINGFORD, Ct. - (05/23/05) -- Constitution State Corporate CU saidit plans to raise $30 million in new capital with a supplementaloffering of Membership Capital Share Deposits by the end of June.The offering is expected to raise the Connecticut corporate's totalcapital ratio to around 7%. Constitution State's recent efforts toincrease capital prompted Fitch Ratings Services to revise thecorporate's investment rating last week to positive fromstable.
Constitution State Corporate To Raise NewCapital
May 23, 2005, 1:00 a.m. EDT 1 Min Read
