Overview / Commentary
First Atlantic is headquartered in EATONTOWN and is the 10th largest credit union in the state of New Jersey. It is also the 1,026th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 43 employees and 23,639 members at 4 locations. First Atlantic has an A health rating.
Field of Membership Restrictions
First Atlantic is open to anyone who lives, works, worships, or goes to school in Ocean or Monmouth County. Immediate family members of existing credit union members are also eligible to join.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 82 |
| Year Chartered | 1935 |
| Employees | 43 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.2% |
| Return on Equity - YTD | 9.28% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $306.9MM$298.1MM |
| Loans | Q1 2025vs Q1 2024 | $206.6MM$225.4MM |
| Deposits | Q1 2025vs Q1 2024 | $261.5MM$256.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $39.1MM$34.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.6MM$1.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.8MM$4.1MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |