Credit Union Of New Jersey is headquartered in Ewing and is the 8th largest credit union in the state of New Jersey. It is also the 755th largest credit union in the nation. It was established in 1943 and as of September of 2019, it had grown to 80 employees and 38,383 members at 6 locations. Credit Union Of New Jersey has a B health rating.
Membership in Credit Union of New Jersey is open to anyone (regardless of residency or employment status) by joining either the Ewing Public Educational Foundation or Credit Union of New Jersey Foundation. Membership is also open to the folloiwng: (1) employees and retirees (and their families) of the State of New Jersey; (2) employees of a New Jersey state agency, commission, or authority; or any of 200+ SEGs; (3) those who live, work, worship, or attend school in Ewing Township or live in parts of Trenton and Burlington County.
See current membership details
What I miss most about being a long time customer at my bank is personal attention. I have been a member at the credit union since 2004 and it's irksome that I still have to present my ID every time I have a transaction. I do understand that there are precautions that must be taken in regards to theft identity, but after over a decade I feel like it would be nice to not have to do this every single time I go to the bank. Then to be told that I can't access my money regardless, even though they know me ... it's impersonal now.
This bank has the most unprofessional and incompetent staff. They've lied on numerous occasions, was not accountable for stole funds. More recently, my debit card replacement took and I kid you not...almost an entire month. The President never responded to a written letter and his management staff are just as incompetent. I had to open a backup account and will be transferring immediately over to my new credit union. Think twice! They only get the one star because there is no zero star option.
I opened a savings account anticipating getting a share certificate soon afterwards. I got sick and couldn't follow through. My second quarterly statement was assessed a $1 paper statement fee and a $10 inactivity fee. I called to close the account, but couldn't. The call center doesn't accept those requests. I needed to be called by a "specialist in a day or two." A specialist called the same day and demanded I mail a formal cancellation letter. Good going, CUNJ. Stealing money from an ailing senior citizen. After all, "rules are rules."
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!
|Return on Assets - YTD||0.32%|
|Return on Equity - YTD||4.55%|
|Annual Interest Income||$13.1MM|
|Assets and Liabilities|
|Assets||Q3 2019vs Q3 2018||$339.9MM$340.8MM|
|Loans||Q3 2019vs Q3 2018||$294.3MM$306.9MM|
|Deposits||Q3 2019vs Q3 2018||$314.4MM$314.6MM|
|Equity Capital||Q3 2019vs Q3 2018||$24.1MM$24.4MM|
|Loan Loss Allowance||Q3 2019vs Q3 2018||$4.1MM$5.9MM|
|Unbacked Noncurrent Loans||Q3 2019vs Q3 2018||$4.5MM$8.8MM|
|Real Estate Owned||Q3 2019vs Q3 2018||$606.00K$265.00K|
Rates for Credit Union Of New Jersey are currently being reviewed.
|Credit Union Of New Jersey Locations|
|Branch Office||Rosedale Rd||Princeton, NJ 08541-0001|
|Branch Office||900 Parkway Ave||Ewing, NJ 08618-2308|
|Branch Office||4364 Route 130 Ste F||Willingboro, NJ 08046-1461|
|Branch Office||12 E Lafayette St||Trenton, NJ 08608|
|Branch Office||1035 Parkway Ave||Ewing, NJ 08618-2309|
|Branch Office||1301 Parkway Ave||Ewing, NJ 08628|