HARTFORD, Conn.–America’s First Network Credit Union and Waterbury Postal Employees Federal Credit Union have announced plans to combine. If approved by members, the combination would close in the second quarter of 2026.
Both credit unions are profitable. The $102.6-million AFNCU finished 2025 with $309,131 in net income and net worth of 11.04%. The $10.8 million Waterbury Postal had $200,165 in net income to go with net worth of 22.31% as of year-end.
America’s First began as Personal Care America FCU, before converting to a state charter in 2016 to adopt a “network” model that allows other credit unions to operate as divisions. Since then, nine Connecticut credit unions have joined, the CU said.
It has branches in East Hartford, North Haven, Groton, Trumbull, Stamford, Fairfield, Hartford, Putnam, Greenwich, Enfield and Jonesboro, Ariz..
