Featured Savings Rates
Featured Accounts
Overview / Commentary
274 S Orange Ave
Newark, NJ 07103

New Community Federal Credit Union is headquartered in Newark and is the 140th largest credit union in the state of New Jersey. It is also the 5,140th largest credit union in the nation. It was established in 1984 and as of December of 2016, it had grown to 3 employees and 3,253 members at 1 location. New Community Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in New Community Federal Credit Union is open to residents of the New Community network of Newark, Jersey City, and Orange in New Jersey.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



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. New Community Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #24167
Year Chartered1984
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD9.07%
Annual Interest Income$133.00K
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$3.2MM$3.3MM
LoansQ4 2016vs Q4 2015$2.0MM$2.1MM
DepositsQ4 2016vs Q4 2015$2.8MM$2.9MM
Equity CapitalQ4 2016vs Q4 2015$419.00K$381.00K
Loan Loss AllowanceQ4 2016vs Q4 2015$14.00K$16.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$1,000$4.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates

Sorry, we do not have rate data for New Community Federal Credit Union.

Locations


New Community Federal Credit Union Locations
Branch Office274 S Orange AveNewark, NJ 07103-2419