North Jersey Federal Credit Union
Overview / Commentary
North Jersey Federal Credit Union is headquartered in Totowa and is the 15th largest credit union in the state of New Jersey. It is also the 1,187th largest credit union in the nation. It was established in 1936 and as of March of 2025, it had grown to 61 employees and 24,477 members at 3 locations. North Jersey Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership to North Jersey Federal Credit Union is open to those who work, live worship, attend school or regularly conduct business in Bergen, Essex, Hudson, Middlesex, Morris, Passaic and Union Counties in New Jersey.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1015 |
| Year Chartered | 1936 |
| Employees | 61 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.02% |
| Return on Equity - YTD | 0.31% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $234.1MM$237.4MM |
| Loans | Q1 2025vs Q1 2024 | $147.6MM$147.9MM |
| Deposits | Q1 2025vs Q1 2024 | $216.5MM$222.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $17MM$14.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $2.2MM$2.5MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.7MM$2.2MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |