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Community Chartered Membership Now Available at Skyline Financial Federal Credit Union


Dear members of Skyline Financial FCU and individuals of New Haven County and Litchfield County,

I'm pleased to announce the National Credit Union Administration has approved Skyline Financial Federal Credit Union’s request to expand the field of membership and become a community-chartered credit union effective November 18, 2023. Formerly, the multiple-common-bond consisted of 29 small employee groups including of the employees of Comcast (FKA Southern New England Telephone and Woodbury Telephone Company), AT&T, Costco, Eversource and other organizations.

Eligibility for membership to Skyline Financial Federal Credit Union is now open to persons who live, worship, work (or regularly conduct business in), or attend school in, and businesses and other legal entities located in New Haven County, or Litchfield County, Connecticut. This field of membership opens our credit union to approximately 1.5 million residents within our community.  

For some history on Skyline Financial Federal Credit Union, the original missions was to promote thrift and financial support by offering savings accounts and loans, seven employees of the Waterbury Telephone Company got together and chartered the Waterbury Telephone Employees Federal Credit Union in 1935. The credit union succeeded a merger with the Central Naugatuck Valley Credit Union in 2004, and in 2016 rebranded to Skyline Financial Federal Credit Union. I, James A. Higgins, was hired as President and CEO in May of 2021 and brought the organization forward by investing in new technology for the credit union’s employees and launched a series of new services for the membership including mobile banking, ApplePay, SamsungPay, mobile deposits, new ATM, expanded access to cash by partnering with AllPoint offering 55,000 ATMs to use worldwide, online application and closing for loans remotely, and more! 

Today our credit union located at 3528 E. Main St, Waterbury CT 06705 serves just over 3,000 members. This is an exciting opportunity for Skyline Financial Federal Credit Union and the individuals of New Haven and Litchfield County who need banking or lending services!

As always, thank you for your continued membership,

-James A. Higgins, MBA, CUDE

President and CEO