Atlantic City Electric Co Emp Federal Credit Union
Overview / Commentary
Atlantic City Electric Co Emp Federal Credit Union is headquartered in Mays Landing and is the 42nd largest credit union in the state of New Jersey. It is also the 2,168th largest credit union in the nation. It was established in 1940 and as of March of 2019, it had grown to 7 employees and 4,825 members at 2 locations. Atlantic City Electric Co Emp Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership to Atlantic City Electric Co Emp Federal Credit Union is open to employees of The Atlantic City Electric Company and their immediate family and to employees of other select companies.
See current membership details
Health
B
Data as of Q1 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Atlantic City Electric Co Emp Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3755 |
| Year Chartered | 1940 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.16% |
| Return on Equity - YTD | 1.26% |
| Annual Interest Income | $458.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $59.7MM$60.8MM |
| Loans | Q1 2019vs Q1 2018 | $12.1MM$11.4MM |
| Deposits | Q1 2019vs Q1 2018 | $52.3MM$53.9MM |
| Equity Capital | Q1 2019vs Q1 2018 | $7.3MM$6.8MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $158.00K$70.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $411.00K$501.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $20.00K$20.00K |
Rates
Sorry, we do not have rate data for Atlantic City Electric Co Emp Federal Credit Union.
Locations
| Atlantic City Electric Co Emp Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 5100 Harding Hwy Ste 103 | Mays Landing, NJ 08330-2260 |
| Branch Office | 5 Collins Dr Ste 1200 | Carneys Point, NJ 08069-3600 |