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The Connecticut company, which began reviewing its operations in January, said the effort gained momentum when the coronavirus pandemic hit.October 23
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The Connecticut company recruited Robert Russell from Millington Bank to become its president and CEO.July 13
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The company acquired ResX Warehouse Lending from People's United Financial.January 22
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People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.January 17
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Centreville Bank will pay $116 million in cash for PB Bancorp.October 22
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FASB delayed implementation for the majority of banks and credit unions until 2023, but many in the industry still oppose the rule, despite regulators' attempts to ease the path forward.October 17
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The accounting board delayed implementation for the majority of banks and credit unions until 2023.October 16
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With David Lucas retiring in November after nine years, industry veteran Edward Fox took the reins earlier this week.October 4
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James Farrell, who ran New Haven County Credit Union from 1992 to 2015, transferred funds from the CU's general ledger into the account of a local business.September 3
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Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.July 19
