Windsor Federal Savings and Loan Association (Windsor Federal) was chartered in 1936 by the Federal Home Loan Bank Board, an agency of the United States government. We opened our doors in 1936, founded out of the Great Depression with a mission of neighbors helping neighbors, providing community members with a safe place to save money, finance homeownership, and invest in the future.
Initial management consisted of Paul J. Anderson as President, Christian H. Meier as Vice President, and William J. Dougherty as the Secretary and Treasurer. They first operated in a second-floor office on Elm Street in Windsor. This near shoebox operation finished its first six months of endeavor with a total of one hundred eleven depositors and a net worth of $14,446.33. During the succeeding six months, the thrift institution's assets more than doubled to $50,302.48. All indicators pointed to a successful going business.
Today, we have eight offices and over $750 million in assets. Being the only Mutually Chartered Institution headquartered in Hartford County, we have no shareholders. We are owned mutually by YOU, our depositors. Because we don’t have to worry about satisfying stockholders and maximizing shareholder value, we are able to focus on our top priority: understanding the needs of our communities and serving them.
At Windsor Federal, we partner with our customers and communities to deliver financial products and services in a fair and competitive manner by providing exceptional and respectful customer services to create long-term value and assist our partners in achieving their financial goals. “Neighbors Helping Neighbors” is much more than a tagline for us; it speaks to our culture, and values, as an organization. We’re here for you – our customers, neighbors, and communities. As we continue our journey together, we want to stay connected with you, whether in person or electronically and continue to be of service.
Our long-term view means that our encouragement and participation in the communities we serve are a top priority. Being a good neighbor, serving our customers and our communities – that’s who we are.