Division 819 Transit Employees Credit Union
LOCATIONS
1
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HEALTH RATING
B
View health report
CURRENT TOP RATE
1.50% APY
Dividend Share
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Overview / Commentary
Division 819 Transit Employees Credit Union is headquartered in Irvington and is the 78th largest credit union in the state of New Jersey. It is also the 3,611th largest credit union in the nation. It was established in 1945 and as of December of 2019, it had grown to 3 employees and 1,799 members at 1 location. Division 819 Transit Employees Credit Union's savings rates are 3X the national average, and it has a B health rating.
Health
B
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. Division 819 Transit Employees Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62855 |
| Year Chartered | 1945 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.47% |
| Return on Equity - YTD | 2.82% |
| Annual Interest Income | $813.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $15.0MM$16.6MM |
| Loans | Q4 2019vs Q4 2018 | $6.6MM$5.3MM |
| Deposits | Q4 2019vs Q4 2018 | $12.4MM$14.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.5MM$2.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $108.00K$64.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $86.00K$132.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |