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Overview / Commentary
866-750-0100
1800 State Route 34 Ste 302
Wall Township, NJ 07719

First Financial Credit Union is headquartered in Wall Township and is the 15st largest credit union in the state of New Jersey. It is also the 972nd largest credit union in the nation. It was established in 1936 and as of December of 2013, it had grown to 59 employees and 19,505 members. First Financial Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Monmouth or Ocean County. - See Details

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 First Financial Credit Union had $2.32 million in non-current loans and owned real-estate with $13.44 million in equity and loan loss allowances on hand to cover it. This gives First Financial Credit Union a Texas Ratio of 17.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for First Financial Credit Union experienced no significant changes from 17.57% as of December 31, 2012 to 17.23% as of December 31, 2013, resulting in a positive change of 1.90%.This indicates that the balance sheet and financial strength for First Financial Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C-

In the past year, First Financial Credit Union has decreased its total deposits by -$7.55 million, resulting in -4.18% 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 First Financial Credit Union has shown is below average.

Capitalization

GRADE:
C-

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. First Financial Credit Union has $183.77 million in assets with $13.44 million in equity, resulting in a capitalization level of 7.31%, which is below average.

Institution Statistics

Overall
NCUA #1021
Year Chartered1936
Employees59
Primary Regulator
Assets and Liabilities
Assets$183.77 million
Loans$132.80 million
Deposits$172.95 million
Equity Capital$12.51 million
Loan Loss Allowance$934,000
Unbacked Noncurrent Loans$2.32 million
Real Estate Owned$0
Historic Data - December 2012
Assets$192.30 million
Equity Capital$12.74 million
Loan Loss Allowance$1.03 million
Unbacked Noncurrent Loans$2.32 million
Real Estate Owned$180,000
Profit Margin - Quarterly
Net Interest Margin5.16%
Return on Assets0.2%
Return on Equity2.96%
Interest Income$8.13 million
Rates

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

First Financial Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%$100-Graduate Savings Account
0.10%$100-Base Savings Account
0.10%$100-Special Savings Account
0.10%$100-Kids Accounts
0.10%$100-IRA Savings Account
0.10%$100-Holiday Club Account
0.10%$100-Summer Savings Account

First Financial Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$100k-Premium Money Market Account
0.20%$250k-Elite Money Market

First Financial Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$25k-High Yield Checking Account
0.50%--Premium Business Checking
0.35%$1k-Electronic Checking Account
0.20%$1k-First Class Checking Account
0.20%--Free Business Checking Account

First Financial Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$500-60 Month Savings Certificate
1.00%$500-72 Month Savings Certificate
1.00%$50k-60 Month Mini Jumbo Savings Certificate
1.00%$50k-72 Month Mini Jumbo Savings Certificate
0.75%$500-48 Month Savings Certificate
0.75%$50k-48 Month Mini Jumbo Savings Certificate
0.65%$500-19 Month Savings Certificate Special
0.60%$500-36 Month Savings Certificate
0.60%$50k-36 Month Mini Jumbo Savings Certificate
0.40%$500-24 Month Savings Certificate
0.40%$50k-24 Month Mini Jumbo Savings Certificate
0.35%$500-18 Month Savings Certificate
0.35%$50k-18 Month Mini Jumbo Savings Certificate
0.25%$500-12 Month Savings Certificate
0.25%$50k-12 Month Mini Jumbo Savings Certificate
0.20%$25k-3 Month Short-Term Savings Certificate (new deposits only)
0.15%$500-6 Month Savings Certificate
0.15%$500-9 Month Savings Certificate
0.15%$50k-6 Month Mini Jumbo Savings Certificate
0.15%$50k-9 Month Mini Jumbo Savings Certificate

First Financial Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$50k-60 Month Mini Jumbo IRA Savings Certificate
1.00%$50k-72 Month Mini Jumbo IRA Savings Certificate
1.00%$500-60 Month IRA Savings Certificate
1.00%$500-72 Month IRA Savings Certificate
0.75%$50k-48 Month Mini Jumbo IRA Savings Certificate
0.75%$500-48 Month IRA Savings Certificate
0.60%$50k-36 Month Mini Jumbo IRA Savings Certificate
0.60%$500-36 Month IRA Savings Certificate
0.40%$50k-24 Month Mini Jumbo IRA Savings Certificate
0.40%$500-24 Month IRA Savings Certificate
0.35%$50k-18 Month Mini Jumbo IRA Savings Certificate
0.35%$500-18 Month IRA Savings Certificate
0.25%$50k-12 Month Mini Jumbo IRA Savings Certificate
0.25%$500-12 Month IRA Savings Certificate
0.15%$50k-6 Month Mini Jumbo IRA Savings Certificate
0.15%$50k-9 Month Mini Jumbo IRA Savings Certificate
0.15%$500-6 Month IRA Savings Certificate
0.15%$500-9 Month IRA Savings Certificate
Locations


First Financial Credit Union Locations
Branch Office783 Wayside RdNeptune, NJ 07753
Branch Office4817 US Highway 9Howell, NJ 07731
Branch Office1800 State Route 34 Ste 302Wall Township, NJ 07719
Branch Office1360 Route 9Toms River, NJ 08755
Branch Office3338 US Highway 9Freehold, NJ 07728