Norwalk Postal Employees Federal Credit Union Merges Into Skyline Financial Federal Credit Union
FOR IMMEDIATE RELEASE
WATERBURY, CT — November 24, 2025 — Skyline Financial Federal Credit Union today announced the successful completion of its merger with Norwalk Postal Employees Federal Credit Union, effective October 31, 2025. The unified organization will continue operations under the Skyline Financial Federal Credit Union charter.
This merger brings together two long-standing Connecticut financial cooperatives and expands Skyline Financial’s field of membership across Fairfield, New Haven, and Litchfield Counties. With the addition of Norwalk Postal’s members, Skyline Financial now manages $47 million in assets and serves just under 4,000 members.
Founded in 1935, Skyline Financial Federal Credit Union offers comprehensive financial services including savings and checking accounts, consumer and real estate lending, online and mobile banking, and financial education resources. The merger supports Skyline’s mission to deliver stable, member-focused financial services and strengthen its presence throughout the region.
“We are pleased to welcome the members of Norwalk Postal Employees Federal Credit Union,” said James Higgins, President & CEO of Skyline Financial Federal Credit Union. “This merger enhances our ability to deliver high-quality financial services while honoring the cooperative values on which both credit unions were founded.”
Retiring Norwalk Postal Chairman Smith “Smitty” Payne Jr. added: “Skyline and James were an absolute win for us. They saved the day and brought our credit union from the 19th century to today’s expectations of the next demographic. I wish I had met him and his team sooner, this was the best move we could have made.” Payne served as Chairman of Norwalk Postal Employees FCU for nearly 30 years and retired from the United States Postal Service in 2023 after a 39-year career.
All Norwalk Postal Employee Federal Credit Union members have been automatically transitioned to Skyline Financial Federal Credit Union. Account access, products, and services continue without interruption, and members have received direct communications prior to this public press release.
Skyline Financial Federal Credit Union is headquartered in Waterbury, Connecticut and has been in business for over 90 years. For more information about membership and services, visit www.SkylineFinancialFCU.com or text 203-755-2030. The credit union is federally insured by the National Credit Union Administration (NCUA) and is an equal opportunity lender.
Media Contact:
James A. Higgins, MBA, CUDE
President & CEO
Skyline Financial Federal Credit Union
Phone: 203-755-2030
Email: memberservice@skylineffcu.com