Deepwater Industries Federal Credit Union


Overview / Commentary
856-299-1279
565 North Broadway
Deepwater, NJ 08023

Deepwater Industries Federal Credit Union is headquartered in Deepwater and is the 25th largest credit union in the state of New Jersey. It is also the 1,731st largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 14 employees and 7,993 members at 2 locations. Deepwater Industries Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Deepwater Industries Federal Credit Union is open to employees and retirees of any of the more than 150 Select Employee Groups, including: Homeowners Association, American Red Cross - Salem County Chapter, Township of Logan Employees, Hampton Inn by Hilton - Logan Township, and American Dream Realty. (A complete list of SEGs is posted on the credit union's website)
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #430
Year Chartered1935
Employees14
Primary Regulator
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD9.89%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$112.8MM$111.6MM
LoansQ1 2025vs Q1 2024$53.5MM$52.1MM
DepositsQ1 2025vs Q1 2024$101.2MM$101.3MM
Equity CapitalQ1 2025vs Q1 2024$10.3MM$9.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$275K$188K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$230K$435K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Deepwater Industries Federal Credit Union are currently being reviewed.

Locations


Deepwater Industries Federal Credit Union Locations
Branch Office565 North BroadwayDeepwater, NJ 08023
Branch Office857 Route 45Pilesgrove, NJ 08098

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