America’s First Network Credit Union
Overview / Commentary
America’s First Network Credit Union is headquartered in East Hartford and is the 24th largest credit union in the state of Connecticut. It is also the 1,929th largest credit union in the nation. It was established in 1976 and as of March of 2025, it had grown to 28 employees and 8,364 members at 10 locations. America’s First Network Credit Union has an A health rating.
Field of Membership Restrictions
America’s First Network Credit Union is open to employees of more than 100 SEGs, including Connecticut Natural Gas, Fairfield University, and Unilever.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. America’s First Network Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68680 |
| Year Chartered | 1976 |
| Employees | 28 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.29% |
| Return on Equity - YTD | 2.66% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $90.2MM$75MM |
| Loans | Q1 2025vs Q1 2024 | $56.6MM$47MM |
| Deposits | Q1 2025vs Q1 2024 | $79.8MM$66.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $9.9MM$8.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $368K$303K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $525K$508K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |