Federal Employees Newark Credit Union is headquartered in Newark and is the 74th largest credit union in the state of New Jersey. It is also the 3,383rd largest credit union in the nation. It was established in 1942 and as of March of 2025, it had grown to 5 employees and 2,356 members at 1 location. Federal Employees Newark Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Membership Federal Employees (Newark) Federal Credit Union is open to federal employees (postal employees excluded) who work in Newark, New Jersey, or whose agency was, or is currently headquartered out of Newark, New Jersey. Family members of a Credit Union member in good standing are also eligible to join.
See current membership details
Overall | |
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NCUA # | 4894 |
Year Chartered | 1942 |
Employees | 5 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -1.57% |
Return on Equity - YTD | -9.63% |
Annual Interest Income | $158K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $15.4MM$15.3MM |
Loans | Q1 2025vs Q1 2024 | $8.5MM$9.5MM |
Deposits | Q1 2025vs Q1 2024 | $12.9MM$12.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $2.5MM$2.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $73K$98K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $37K$32K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.04% | $0 | - | Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.01% | $0 | - | Checking Account |
Federal Employees Newark Credit Union Locations | ||
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Branch Office | 970 Broad St | Newark, NJ 07102-2534 |