Established June 2, 1955, Hartford Hospital Employees Credit Union, renamed Hartford Healthcare Credit Union in 1993, and Hartford Healthcare Federal Credit Union in 2006, began during a time of optimism and growth. As part of the growth, the credit union gave hard-working people employed at the hospital an opportunity to control their financial lives and plan for their future. Since then, our guiding principle has been to provide products that allow members to manage their finances, while delivering exceptional service.
We are a not-for-profit, financial institution, with a volunteer board of directors, and our members are owners not just customers, and each member has a vote. Our profits are re-invested in our members in the form of lower rates on loans and lower fees on products and services.
In 2018, we changed our name from Hartford Healthcare Federal Credit Union to Wellness Federal Credit Union. Our new name was representative of our 2016 Charter change expanding our field of membership to all employees, independent contractors, or self-employed persons who work regularly in the health care industry throughout the State of Connecticut.
Today, we offer a comprehensive list of products and services including, checking with debit card, online banking, mobile app, mobile check deposit, bill pay, secure message communication, secure file upload, and so much more.
We are dedicated to encouraging overall financial well-being and strive to bring value to every member. Our focus is built on safety and soundness. We are financially stable and we continuously invest in products and services that ensure member funds and data are secure. Additionally, member deposits are insured up to $250,000 by the National Credit Union Administration.
As some of you may have already heard, Wellness Federal Credit Union is working on a merger with American Eagle Financial Credit Union, the largest community credit union in the state of Connecticut. If approved, WFCU will be absorbed into AEFCU, which means our members will become members of AEFCU and our staff will be employees of AEFCU.
The merger will bring an extensive number of new products and services to our members.
Our members have been requesting additional branch locations, access to a no-fee ATM network, enhanced digital capabilities, and other products and services. The high cost, staffing requirements, complex regulatory requirements, and compliance issues that come with these types of products and services have limited our growth. Our partnership with AEFCU will ensure we can meet the financial needs of our members now and into the future.
Below is a list of AEFCU products and services that we expect will benefit our members immediately.
I am confident that our members will benefit from this merger and what it means to their financial future.
Please visit our merger page for additional information on the merger. If you still have questions or concerns, please reach out to me at contactus@wellnessfcu.org. As always, we appreciate the opportunity to serve your financial needs and the trust you put in us.
Best Regards,
Cheryl A. Calabrese
Chief Executive Officer
Wellness Federal Credit Union
Board of Directors
- Raymond Kowalski, Chairperson
- Sally Moore, Secretary
- Patricia Wettlaufer, Treasurer
- Steven Ross
- Angel Rentas
Supervisory Committee
- Mark Cesaro
- Novelette Spence