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1301 Parkway Ave
Ewing, NJ 08628

Credit Union Of New Jersey is headquartered in Ewing and is the 6th largest credit union in the state of New Jersey. It is also the 642nd largest credit union in the nation. It was established in 1943 and as of March of 2014, it had grown to 92 employees and 43,333 members. Credit Union Of New Jersey's money market rates are 48% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

If you work for the State of New Jersey, a state agency, commission or authority or any of Credit Union of New Jersey's select groups, you are eligible for membership. Retirees of these organizations and family members related by blood or marriage (aunts, uncles, grandparents, cousins, in-laws) can also join. In addition, if you live, work, attend school or worship in Ewing Township; or live in parts of Burlington County or Trenton, you are also eligible for membership in Credit Union of New Jersey. - See Details

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Reviews (1)

Hidden Fees

I opened this account for a pre approved car loan.  Was told only needed $100 balance.  After the dealer gave me a better interest rate I declined the loan.  Should have told me then that I would be charged $5 per month.  They didn't.  I didn't realize until my $100 shrunk to $75.  Crooks!


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Credit Union Of New Jersey had $5.71 million in non-current loans and owned real-estate with $25.71 million in equity and loan loss allowances on hand to cover it. This gives Credit Union Of New Jersey a Texas Ratio of 22.22% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Credit Union Of New Jersey increased slightly from 15.90% as of March 31, 2013 to 22.22% as of March 31, 2014, resulting in a negative change of 39.81%. This indicates that the balance sheet and financial strength for Credit Union Of New Jersey has declined slightly in recent periods.

Deposit Growth


In the past year, Credit Union Of New Jersey has increased its total deposits by $1.85 million, resulting in 0.6% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Credit Union Of New Jersey has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Credit Union Of New Jersey has $333.72 million in assets with $25.71 million in equity, resulting in a capitalization level of 7.70%, which is below average.

Institution Statistics

NCUA #65597
Year Chartered1943
Primary Regulator
Assets and Liabilities
Assets$333.72 million
Loans$273.71 million
Deposits$308.64 million
Equity Capital$23.73 million
Loan Loss Allowance$1.98 million
Unbacked Noncurrent Loans$5.24 million
Real Estate Owned$471,000
Historic Data - March 2013
Assets$331.63 million
Equity Capital$22.96 million
Loan Loss Allowance$1.68 million
Unbacked Noncurrent Loans$5.24 million
Real Estate Owned$196,000
Profit Margin - Quarterly
Return on Assets0.46%
Return on Equity6.42%
Interest Income$3.20 million

Always verify rates and promotions with the bank or credit union. We are not Credit Union Of New Jersey, we are a rate comparison website and can not provide official rates or promotions.

Credit Union Of New Jersey Savings Account Rates

0.25%$200-IRA Share
0.25%$200-Roth IRA Share
0.25%$200-CESA Share
0.10%$10k-Regular Share Account
0.10%$10k-Business Share Account
0.05%--Holiday Club
0.05%--Vacation Club
0.05%--Summer Savings Club
0.05%--Young Savers Club

Credit Union Of New Jersey Money Market Rates

0.65%$500k-Business Elite Money Market
0.30%$250k-Elite Money Market
0.20%$25k-Premier Money Market
0.15%$10k-Tiered Money Market
0.15%$25k-Premier Business Money Market

Credit Union Of New Jersey Checking Account Rates

0.05%--Interest Checking Account
0.05%--Senior Checking Account
0.05%$1k-Better Business Checking

Credit Union Of New Jersey CD Rates

0.80%$100k-5 Year Basic Share Certificate
0.80%$100k-5 Year Business Share Certificate
0.70%$100k-4 Year Basic Share Certificate
0.70%$100k-4 Year Business Share Certificate
0.60%$100k-3 Year Basic Share Certificate
0.60%$100k-3 Year Business Share Certificate
0.50%$100k-2 Year Basic Share Certificate
0.50%$100k-2 Year Business Share Certificate
0.40%$100k-18 Month Basic Share Certificate
0.40%$100k-18 Month Business Share Certificate
0.35%$100k-1 Year Basic Share Certificate
0.35%$100k-1 Year Business Share Certificate
0.20%$100k-6 Month Basic Share Certificate
0.20%$100k-6 Month Business Certificate
0.15%$100k-3 Month Basic Share Certificate
0.15%$100k-3 Month Business Share Certificate

Credit Union Of New Jersey IRA Rates

0.80%$100k-5 Year Basic IRA Certificate
0.70%$100k-4 Year Basic IRA Certificate
0.60%$100k-3 Year Basic IRA Certificate
0.50%$100k-2 Year Basic IRA Certificate
0.40%$100k-18 Month Basic IRA Certificate
0.35%$100k-1 Year Basic IRA Certificate

Credit Union Of New Jersey Locations
Branch OfficeRosedale RdPrinceton, NJ 08541-0001
Branch Office900 Parkway AveEwing, NJ 08618-2308
Branch Office4364 Route 130 Ste FWillingboro, NJ 08046-1461
Branch Office12 E Lafayette StTrenton, NJ 08608
Branch Office1 John Fitch Plz Labor and Industry BuildingTrenton, NJ 08611-1760
Branch Office1035 Parkway AveEwing, NJ 08618-2309
Branch Office1301 Parkway AveEwing, NJ 08628