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Global Atlantic's new cafe in its expanded downtown Hartford office.
Global Atlantic completes downtown Hartford office
renovation in support of 100 new employees
G
lobal Atlantic Financial Group, a retirement
and life-insurance company, announced it has
completed renovations on its 18th-floor office
space inside the Gold Building in downtown Hartford.
In January 2023, the company announced plans to
expand its presence in the Capital City, taking on an
additional 11,500 square feet in the iconic building at
One Financial Plaza to support 100 new employees.
Global Atlantic currently has about 300 employees
in Hartford, 100 of whom were added last year. Global
Atlantic plans to increase its Hartford employee base to
400, the company said.
Global Atlantic renovated 29,000 square feet of
space, which included a full reconstruction of the 18th
floor, and an ongoing partial renovation of the 24th
floor. The new space includes a large cafe, game
room, coffee bar and several lounge areas.
Global Atlantic now occupies 47,000 square feet of
the Gold Building.
As part of the expansion, the state Department
of Economic and Community Development will
provide Global Atlantic up to $695,640 in grants if the
company creates and retains 100 full-time jobs over
seven years.
CT's largest credit union
seeks merger with
Hartford-based CU
In the latest in a string of recent
merger deals, Connecticut's
largest credit union is seeking
to merge with a Hartford-based
not-for-profit cooperative.
East Hartford-based American
Eagle Financial Credit Union has
asked the state Department of
Banking for permission to absorb
Wellness Federal Credit Union,
which was formerly known as
Hartford Healthcare Federal Credit
Union before it changed its name
in 2018.
The targeted merger date is
May 21, 2024, pending state and
federal regulatory approvals. Once
approved, Wellness Federal's
two branches, members and
employees will become part of
American Eagle.
American Eagle, established in
1935, is the state's largest credit
union with $2.7 billion in assets,
American Eagle Financial Credit Union CEO
Howard Brady.
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