The story of how the Credit Union started.
Waterbury CT Teachers Federal Credit Union (WCTFCU), was founded in 1934 by seven teachers and originated to serve any person employed as a teacher, supervisor or principal in the Waterbury public school system. The credit union began operations with 72 members and has grown to serve over 20,000 members in 28 towns in 3 counties and is considered the largest teacher credit union in Connecticut
, with assets exceeding $300,000,000.
Membership now includes current, former and retired teachers, staff and administrators paid through the Board of Education working in public, private or parochial schools, or universities in the 28 CT towns we serve as well as their immediate family members.
We're part of the credit union movement that was founded on the philosophy of "people helping people" and strive every day to empower our members for financial success.
We remain committed to delivering state of the art technologies alongside a traditional personal relationship-based partnership with our members.
Based in Middlebury CT with a second branch in Danbury, the credit union has expanded its product and services over the years to include modern and convenient digital banking services in addition to an expanded portfolio of loan and savings products.
Our volunteer Board of Directors includes current and retired educators from the schools we serve. Our member-based leadership ensures delivery of the best available products and services for our Members’ needs.
Board of Directors
Front row left to right: Thomas Fava, Karlyn Fitzpatrick, Lory Park-Knowles and Joseph DelDebbio
Back row left to right: Christopher Russo, John Fontaine, Peter McCasland and Robert Haxhi
Missing from photo: Susan Troupe