Featured Savings Rates
Featured Accounts

Federal Employees Newark Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.00%5-year CD60 Month Share Certificate
0.45%1-year CD12 Month Share Certificate
0.25%SavingsSavings Account

Overview / Commentary
973-622-6028
970 Broad Street
Newark, NJ 07102

Federal Employees Newark Credit Union is headquartered in Newark and is the 81st largest credit union in the state of New Jersey. It is also the 3,860th largest credit union in the nation. It was established in 1942 and as of June of 2016, it had grown to 5 employees and 2,143 members at 1 location. Federal Employees Newark Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to federal employees who work in Essex, Bergen, Middlesex, Hudson, Morris, Passaic and Union Counties in New Jersey.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
Additional 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. Federal Employees Newark Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #4894
Year Chartered1942
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD-0.2%
Return on Equity - YTD-1.03%
Annual Interest Income$227.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$13.9MM$13.6MM
LoansQ2 2016vs Q2 2015$6.9MM$6.3MM
DepositsQ2 2016vs Q2 2015$11.2MM$10.8MM
Equity CapitalQ2 2016vs Q2 2015$2.7MM$2.7MM
Loan Loss AllowanceQ2 2016vs Q2 2015$51.00K$55.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$32.00K$43.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Federal Employees Newark Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Federal Employees Newark Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Savings Account
0.25%--IRA Savings Account

Federal Employees Newark Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Checking Account

Federal Employees Newark Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-60 Month Share Certificate
0.80%$1k-48 Month Share Certificate
0.70%$1k-36 Month Share Certificate
0.50%$1k-24 Month Share Certificate
0.50%$10k-12 Month Jumbo Certificate
0.45%$1k-12 Month Share Certificate
0.45%$10k-6 Month Jumbo Certificate
0.40%$1k-6 Month Share Certificate

Federal Employees Newark Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-60 Month IRA Certificate
0.80%$1k-48 Month IRA Certificate
0.70%$1k-36 Month IRA Certificate
0.50%$1k-24 Month IRA Certificate
0.45%$1k-12 Month IRA Certificate
0.40%$1k-6 Month IRA Certificate
Locations


Federal Employees Newark Credit Union Locations
Branch Office970 Broad StNewark, NJ 07102-2534