Dear Valued Member:

On behalf of the Board of CrossPoint Federal Credit Union, we are pleased to share exciting news. We have received regulatory approval to pursue a merger partnership with Nutmeg State Financial Credit Union for the purpose of bringing you more benefits and value from your credit union.

Both Crosspoint Federal Credit Union and Nutmeg State Financial Credit Union’s board of directors and leadership teams support this merger. However, the final decision is up to you. You are being asked to vote on a proposal for a merger with Nutmeg. Unlike bank mergers that are designed to make money for stockholders, this merger represents a partnership between two Connecticut credit unions. For nearly 90 years both organizations have shared a commitment to members, employees, and the communities we serve. Together, the combined organization will be better positioned to continue to enhance products and services now and into the future.

Here are just some of the benefits you will enjoy because of the merger. Additional benefits are outlined in the enclosed Notice of Special Member Meeting.

  • Our branches will remain open and the same friendly staff that serve you today will continue to serve you in the combined organization. PLUS, members will gain eight additional branches, and access to 30,000+ fee-free ATMs
  • A dedicated Call Center with expanded hours
  • Higher deposit rates & fewer fees
  • New Checking options with cash back & ATM fee rebates
  • Expanded low-rate loan options
  • Access to Financial Planning & Investment Services
  • Access to insurance products, including homeowners & auto insurance
  • Full-service Business Banking & Lending programs

Your vote is important and a merger between CrossPoint Federal Credit Union and Nutmeg State Financial Credit Union must have the approval of a majority of members of the credit union voting on the proposal. To proceed with voting electronically click on Begin Voting below

We look forward to this next important step in serving your best interests and financial needs. Please don’t hesitate to contact us at 203.288.1695 or merger@crosspointfcu.org if you have any questions. You can also find more information about this proposed merger at https://crosspointfcu.org/merger-info/.

We greatly appreciate your membership and thank you for your support of this exciting opportunity.

Sincerely,