Overview / Commentary
Bridgeton Onized Federal Credit Union is headquartered in Cedarville and is the 52nd largest credit union in the state of New Jersey. It is also the 2,723rd largest credit union in the nation. It was established in 1939 and as of December of 2019, it had grown to 13 employees and 6,761 members at 2 locations. Bridgeton Onized Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Bridgeton Onized Federal Credit Union is open to anyone who is a member of the Cohansey Area Watershed Association (membership fee $10). Membership is also open to employees of Cumberland County and any one of the more than 100 area organizations.(A complete list of organizations can be found on the credit union's website)
See current membership details
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Health
C+
Data as of Q4 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. Bridgeton Onized Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3476 |
| Year Chartered | 1939 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.52% |
| Return on Equity - YTD | 17.15% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $34.0MM$35.0MM |
| Loans | Q4 2019vs Q4 2018 | $15.4MM$19.7MM |
| Deposits | Q4 2019vs Q4 2018 | $30.5MM$31.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.0MM$2.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $319.00K$545.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $354.00K$426.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $46.00K$0 |