Dear Member:

On behalf of the Board of New Haven Teachers Federal Credit Union, we are pleased to share exciting news. We have received regulatory approval to pursue a cooperative merger partnership with Nutmeg State Financial Credit Union.

The proposed merger will provide members with expanded access to products, services, technology, and branch locations through a financially strong and well-managed credit union. The sole purpose of this merger is to deliver greater value, enhanced convenience, and more benefits to our members while maintaining the trusted service they expect.

Both New Haven Teachers and Nutmeg share a common culture and commitment to understanding each member’s needs and providing exceptional personalized service. We will remain focused on continuing our cooperative heritage, personal member relationships, and community involvement while providing more branches, added products & services, and the newest technologies.

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

  • Members will gain access to twelve (12) Nutmeg State Financial CU locations across Connecticut.
  • Access to 30,000+ fee-free ATMs through the CO-OP and SUM Networks
  • Access to 5,600 Credit Unions throughout the country through the CO-OP Shared Branching and SUM Networks.
  • Dedicated Navigation Center and Expanded Call hours Monday through Saturday
  • Live Chat available on our website for remote service assistance
  • The latest internet and mobile banking technologies, including real time Person to Person (P2P) transfers
  • Instant Issue Debit Cards
  • Online account opening & in-branch service options

Your Board of Directors and management wholeheartedly support this merger because of the clear and lasting benefits it will provide to members. The final decision, however, is up to members, and your vote is very important. We respectfully request that you register your vote in approval of this important proposal so that you and all New Haven Teacher FCU members can receive many new products, services, branches, and technologies from your credit union.

There will be a Special Meeting of the Members on Tuesday, November 17th, 2026, at 4pm ET at The Sound School, 17 Sea Street, in New Haven, CT 06519 to consider the merger proposal. If you cannot attend the meeting, you can vote online by choosing“Begin Voting” button below, or complete the ballot mailed to you and return it in the included pre-addressed postage-paid envelope so that it is received no later than Tuesday, November 17th, 2026, at 4:30pm ET.

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) 865-4334 or nhtfcu1@gmail.com if you have any questions. We greatly appreciate your membership and thank you for supporting this exciting opportunity.

Sincerely,

President and Board Chairperson