Credit union
America's First Network Credit Union
East Hartford, Connecticut, Capitol Planning Region, CT
$105M in total assets and 9,501 members, the 1,784th largest of 4,298 US credit unions and 21st of 64 headquartered in Connecticut.
- NCUA charter
- 68680
- Charter
- State chartered (CT)
- Chartered
- 1976
- NCUA insured since
- 1976
- Website
- http://www.afncu.com
Earlier filings under Personal Care America Federal Credit Union (charter 22293), before a charter conversion, are included in the history below.
At a glance
Compared with 15 federally insured credit unions in Connecticut with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $105M | 2% | $178M | |
| Loans | $64M | 7% | $115M | |
| Deposits (shares) | $93M | 2% | $161M | |
| Members | 9,501 | 13% | 16,060 | |
| Return on assets | 0.24% | 13% | 0.77% | |
| Net interest income to assets | 4.12% | 80% | 3.85% | |
| Efficiency ratio | 93.0% | 93% | 82.7% | |
| Net worth ratio | 10.86% | 53% | 10.55% | |
| Loans to shares | 69% | 40% | 72% | |
| Cost of deposits | 1.03% | 40% | 1.13% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 18.1% a year over 10 years and 11.9% a year over the last 5, including 10 mergers in the last 10 years. Membership grew 7.8% a year over 5 years, to 9,501.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| May 2025 | C S P Employees Federal Credit Union Credit union, Somersville, CT | $10M |
| Oct 2024 | Arnold Bakers Employees Federal Credit Union Credit union, Greenwich, CT | $2M |
| Apr 2024 | Northeastern CT. Health Care Credit Union Credit union, Putnam, CT | $10M |
| Apr 2023 | Stamford Postal Employees Federal Credit Union Credit union, Stamford, CT | $13M |
| Feb 2021 | Groton Municipal Employees Federal Credit Union Credit union, Groton, CT | $7M |
| Sep 2020 | Connecticut Transit Federal Credit Union Credit union, Hartford, CT | $1M |
| Feb 2020 | Connecticut Federal Credit Union Credit union, North Haven, CT | $8M |
| Sep 2018 | Rogers Employees Federal Credit Union Credit union, Rogers, CT | $4M |
| Nov 2017 | East Haven Municipal Employees Credit Union Credit union, East Haven, CT | $3M |
| Apr 2017 | East Hartford Federal Credit Union Credit union, East Hartford, CT | $10M |
| Jan 2014 | Warnaco Employees Federal Credit Union Credit union, Milford, CT | $595K |
| Oct 2013 | Farrel Federal Credit Union Credit union, Ansonia, CT | $3M |
Where they operate
11 branches in 7 counties.
Also 1 branch outside this map: 1 in Arkansas.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Capitol Planning Region, CT | 3 | 1.0% | 20 of 53 |
| Greater Bridgeport Planning Region, CT | 2 | 2.5% | 9 of 30 |
| Western Connecticut Planning Region, CT | 2 | 0.8% | 19 of 42 |
| Craighead County, AR | 1 | 1.8% | 15 of 27 |
| Northeastern Connecticut Planning Region, CT | 1 | 4.0% | 7 of 10 |
| South Central Connecticut Planning Region, CT | 1 | 0.6% | 21 of 45 |
| Southeastern Connecticut Planning Region, CT | 1 | 1.0% | 15 of 23 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 6 | |
| 2017 | 7 | +1 |
| 2018 | 8 | +1 |
| 2019 | 7 | −1 |
| 2020 | 5 | −2 |
| 2021 | 8 | +3 |
| 2022 | 8 | 0 |
| 2023 | 8 | 0 |
| 2024 | 10 | +2 |
| 2025 | 11 | +1 |
| Jun 2026 | 11 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.21% | 0.68% |
| Net worth ratio | 10.86% | 10.55% |
| Loans to shares | 69% | 72% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Connecticut
Most branches in Capitol Planning Region, CT
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.