Overview / Commentary
908-862-6966
360 N Wood Ave
Linden, NJ 07036

Motion Federal Credit Union is headquartered in Linden and is the 38th largest credit union in the state of New Jersey. It is also the 1,990th largest credit union in the nation. It was established in 1934 and as of June of 2018, it had grown to 17 employees and 7,285 members at 5 locations. Motion Federal Credit Union has a C- health rating.

Field of Membership Restrictions

Membership is open to employees or members of select companies or organizations and to family of current members.
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Health
C-
Additional 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. Motion Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #53
Year Chartered1934
Employees17
Primary Regulator
Profit Margin
Return on Assets - YTD0.06%
Return on Equity - YTD1.27%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$69.5MM$71.9MM
LoansQ2 2018vs Q2 2017$45.8MM$53.8MM
DepositsQ2 2018vs Q2 2017$65.3MM$67.5MM
Equity CapitalQ2 2018vs Q2 2017$3.2MM$3.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$524.00K$583.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.1MM$1.2MM
Real Estate OwnedQ2 2018vs Q2 2017$150.00K$230.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Motion Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Motion Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--IRA Savings
0.07%$50-Vacation Club Account
0.07%$50-Holiday Club Account
0.07%$50-ME Club Account
0.02%$50-Regular Share

Motion Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Money Market Account
OTHER TIERS: 0.10% $2.5k - $50k

Motion Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$50-Share Draft

Motion Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.36%$500-60 Month Share Certificate
1.05%$500-48-59 Month Share Certificate
0.95%$500-36-47 Month Share Certificate
0.75%$500-24-35 Month Share Certificate
0.10%$500-18-23 Month Share Certificate
0.08%$500-12-17 Month Share Certificate
0.06%$500-6-11 Month Share Certificate
0.04%$500-3-5 Month Share Certificate

Motion Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$500-60 Month IRA Share Certificate
0.95%$500-48-59 Month IRA Share Certificate
0.75%$500-36-47 Month IRA Share Certificate
0.55%$500-24-35 Month IRA Share Certificate
0.34%$500-18-23 Month IRA Share Certificate
0.25%$500-12-17 Month IRA Share Certificate
0.12%$500-6-11 Month IRA Share Certificate
Locations


Motion Federal Credit Union Locations
Branch Office1380 Jersey AveNorth Brunswick, NJ 08902
Branch Office360 N Wood AveLinden, NJ 07036
Branch Office1545 US Highway 22 EAnnandale, NJ 08801-3096
Branch Office1900 E Linden AveLinden, NJ 07036-1133
Branch Office1400 S Park AveLinden, NJ 07036

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