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.
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
Overall | |
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NCUA # | 430 |
Year Chartered | 1935 |
Employees | 14 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 9.89% |
Annual Interest Income | $1.1MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $112.8MM$111.6MM |
Loans | Q1 2025vs Q1 2024 | $53.5MM$52.1MM |
Deposits | Q1 2025vs Q1 2024 | $101.2MM$101.3MM |
Equity Capital | Q1 2025vs Q1 2024 | $10.3MM$9.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $275K$188K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $230K$435K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Deepwater Industries Federal Credit Union are currently being reviewed.
Deepwater Industries Federal Credit Union Locations | ||
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Branch Office | 565 North Broadway | Deepwater, NJ 08023 |
Branch Office | 857 Route 45 | Pilesgrove, NJ 08098 |
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