Gaf Linden Employees Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
0.20% APY
Special Share Account
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Overview / Commentary
Gaf Linden Employees Federal Credit Union is headquartered in Parsippany and is the 119th largest credit union in the state of New Jersey. It is also the 4,462nd largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 1 employees and 598 members at 1 location. Gaf Linden Employees Federal Credit Union 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. Gaf Linden Employees Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2348 |
| Year Chartered | 1937 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 7.89% |
| Annual Interest Income | $171.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $5.4MM$4.9MM |
| Loans | Q4 2019vs Q4 2018 | $1.6MM$1.5MM |
| Deposits | Q4 2019vs Q4 2018 | $4.8MM$4.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $646.00K$593.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $34.00K$29.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $4.00K$2.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |