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 120th largest credit union in the state of New Jersey. It is also the 4,405th largest credit union in the nation. It was established in 1937 and as of March of 2021, it had grown to 1 employees and 549 members at 1 location. Gaf Linden Employees Federal Credit Union has a B+ health rating.
Health
B+
Data as of Q1 2021
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 | 0.14% |
| Return on Equity - YTD | 1.17% |
| Annual Interest Income | $34.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $5.7MM$5.4MM |
| Loans | Q1 2021vs Q1 2020 | $1.3MM$1.6MM |
| Deposits | Q1 2021vs Q1 2020 | $5.0MM$4.7MM |
| Equity Capital | Q1 2021vs Q1 2020 | $684.00K$656.00K |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $36.00K$33.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $0$4.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |