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Dickinson to retire from Nutmeg State Federal Credit Union

Nutmeg State Federal Credit Union President and Chief Executive Officer Loren Dickinson will retire in October, company officials announced today.

Dickinson, who joined the credit union in 1987, has helped Nutmeg State FCU more than double in size during his tenure.

Nutemge State FCU has grown from a  14,800 member, $107 million institution in 1987, to a nonprofit lender of more than 26,000 members and $343 million in assets today.

Dickinson’s last day will be Oct. 31.

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“Our organization grew significantly under Loren’s leadership, from notable advancements in lending, to product enhancements such as VISA® Platinum Cards, ATM/Debit Cards, a 24-Hour Call Center, Voiceline, and electronic offerings,” said Mark Bosse, chairman of the Nutmeg State Federal Credit Union board of directors.  “In addition, the credit union changed its name, underwent seven mergers, opened five branches, and adopted a community-based charter, which allowed the organization to serve individuals who live, work, volunteer, attend school or worship in Hartford, Tolland and Middlesex counties.”

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