Healthcare Employees Federal Credit Union
Overview / Commentary
Healthcare Employees Federal Credit Union is headquartered in Princeton and is the 22nd largest credit union in the state of New Jersey. It is also the 1,600th largest credit union in the nation. It was established in 1984 and as of March of 2025, it had grown to 18 employees and 14,059 members at 2 locations. Healthcare Employees Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Must be an employee of an organization that belongs to any of the following trade associations: the New Jersey Hospital Association, New Jersey Association of Non-Profit Homes for Aging, Inc., New Jersey Association of Health Care Facilities or Home Health Agency Assembly of New Jersey.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24150 |
| Year Chartered | 1984 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.4% |
| Return on Equity - YTD | 13.12% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $131.7MM$132.4MM |
| Loans | Q1 2025vs Q1 2024 | $74.9MM$70.2MM |
| Deposits | Q1 2025vs Q1 2024 | $115.2MM$119MM |
| Equity Capital | Q1 2025vs Q1 2024 | $14MM$11.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $325K$309K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $359K$371K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |