A historic property in Cheshire, Connecticut, that was built during the colonial era will begin its next chapter as a credit union’s lending office.
The Hartford Business Journal reported Sound Federal Credit Union of Norwalk, Connecticut, acquired the property for $900,000 from Sig Real Estate Holdings LLC in Stamford, Connecticut. The $129 million-asset credit union will use the property for its FSMG Lending Services subsidiary, which offers real estate, auto and consumer loan products and services. The property will also feature a drive through kiosk with video tellers.
The property was built in 1767 for Rev. John Foot, the second minister of the town’s First Congregational Church. John Foot’s son, Samuel Augustus Foote (who added an extra “e” to his surname) went on to become a member of the U.S. House of Representatives and U.S. Senate and served as Connecticut’s 28th governor of Connecticut. His son, Andrew Hull Foote, was among the first naval officers to achieve the rank of rear admiral during the Civil War.
The roughly 4,000-square-foot property changed hands over the years and was restored by Connecticut Savings Bank in 1973, which converted it into office space. Its most recent occupant was the Sig Insurance Agency.
Photo courtesy of LoopNet
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