An Important Opportunity for Nutmeg Members
Nutmeg State Financial Credit Union is asking members to vote on an important proposal regarding our conversion from a State Chartered Credit Union to a Federally Chartered Credit Union
What You Need to Know
- Converting to a federal charter will be operational in nature and focused on creating efficiencies within the business that allow us to dedicate more time and resources to the programs, services and benefits that matter most to our members.
- Do you need to take action? No action is required for your accounts. However, as a member you have the opportunity to vote on this proposal.
Your Vote — Your Credit Union
As a valued member, you have the opportunity to participate by voting on this proposal. Participation is optional, and no action is required. Choosing not to vote will not affect your accounts or services in any way.
How to Vote
You have three options:
- Online: Cast your vote securely online — anytime before the deadline. September 3rd, 2026 at 5:45 PM EST
- By Mail: A ballot will be mailed to you with the 30-day notice. September 3rd, 2026 voting will close at 5:45 PM EST
- In Person: Attend the Special Membership Meeting:
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- September 3rd, 2026, 5:00-5:45pm EST
- 500 Enterprise Dr, Rocky Hill, CT 06067
Location: In the first floor cafeteria
Voting instructions will be provided on-site.
Need help voting? Visit your local branch or call the Member Contact Center at (860) 513-5000.
RESOLVED, that Nutmeg State Financial Credit Union be converted to a federal credit union chartered in accordance with the Federal Credit Union Act, and that operation under the laws of the State of Connecticut be discontinued.
RESOLVED FURTHER, that the Board of Directors and officers of this credit union are hereby authorized and directed to do all things necessary to effect and complete the conversion of this credit union from a state to a federally chartered credit union.
✅ Your account numbers
✅ Your debit and credit cards
✅ Your checks
✅ Online and mobile banking access
✅ Branch locations and hours
✅ CO-OP ATM and Shared Branch network access
✅ Deposit insurance — federally insured by NCUA/NCUSIF
✅ Your membership rights
Converting to a federal charter allows Nutmeg State Financial Credit Union to better support our long-term growth, streamline regulatory oversight, and operate more efficiently as we continue to expand our membership and services. This change positions us to remain strong, competitive, and member focused well into the future.
A state chartered credit union is supervised by both the Connecticut Department of Banking and the National Credit Union Administration (NCUA). Going forward, Nutmeg State Financial Credit Union would be regulated only by the NCUA.
There will be no impact to members. Our commitment to service, products, and community remains the same. This change is primarily operational and is designed to support growth without disrupting member relationships.
This creates operational efficiencies for our credit union, so we spend more time focused on programs, services, and benefits for members – while maintaining the same strong regulatory oversight that keeps the organization safe and sound.
No, members will continue to have access to their accounts, digital banking, and services as usual.
No, all account numbers, routing numbers, and debit/ATM will remain the same. Members will not need to order new checks or cards because of this charter change.
No. Member deposits will continue to be federally insured by the National Credit Union Administration (NCUA) up to applicable limits, just as they are today.
Members will have the opportunity to participate in the approval process. Ballots will be distributed starting August 3rd, and members may vote for the proposed charter change if they choose to participate at the linked page here. Final votes must be cast by September 3rd, 2026, 5:45pm EST.
Yes, our legal name will change to Nutmeg State Federal Credit Union.
We're Here for You — Today and for the Future
We appreciate your continued trust and engagement as a member-owner. Your vote plays an important role in shaping Nutmeg’s future and ensuring we remain strong, efficient, and focused on serving you for years to come.
📅 Vote by
September 3rd, 2026
September 3rd, 2026
Questions? Call (860) 513-5000 or email Memberservices@nutmegstatefcu.org