3/6 Landmark Completes Acquisition of Hartford Savings

Landmark Credit Union has completed its planned acquisition of Hartford Savings Bank. Landmark President and CEO Jay Magulski says customer’s from Hartford Savings will continue to see the same familiar faces at the three former locations, and also be able to utilize Landmark's 32 other branches. The acquisition adds over 8,800 new members and $155 million in assets to Landmark Credit Union. Landmark will retain all Hartford Savings bank employees and continue to operate branches in Hartford, Juneau and Hubertus. Tom Haley, former president of Hartford Savings Bank, calls the merger a win-win with greater customer convenience, and all Hartford Savings employees keeping their jobs. Haley will remain with Landmark as Regional President  and Chief Risk Officer. Landmark Credit Union has $2.5 billion in assets with 573 employees serving more than 230,000 members.
Filed Under :
Topics : Business_FinanceLabor
Location : HartfordHubertusJuneau
People : Jay MagulskiTom Haley
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