On Tuesday, Nutmeg State Federal Credit Union announced it is expanding and will open up branches in Walmart stores in Berlin and Cromwell in the coming months.
Walmart continues to work to provide more services to attract shoppers in an economy that has remained stubbornly stagnant as consumers remain cautious.
Walmart has made inroads in the financial services area, registering as a check cashing business in the state. It has also rented out space in the front of its stores to nail salons and other businesses in the past to try to attract more customers.
For Nutmeg FCU, the Walmart branches will bring its total to nine in the state, including its first branch in Middlesex County.
“We’re excited to make a bigger footprint in CT,” said Nutmeg State Federal Credit Union President & CEO, John Holt in a press release. “We pride ourselves on offering the best financial products in the state and second to none customer service. This expansion allows us to serve even more members.”
