Picatinny Federal Credit Union is headquartered in Dover and is the 7th largest credit union in the state of New Jersey. It is also the 773rd largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 63 employees and 19,782 members at 5 locations. Picatinny Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Membership in Picatinny Federal Credit Union is available to anyone who lives, works, worship, or attends school in Morris County, New Jersey. Immediate family members of anyone eligible to join also qualifies for membership.
See current membership details
If you want to do banking with a bunch of clueless, we dont know what we are doing, but we are here just to collect a paycheck. Go to Picattiny Federal Credit! The most disorganized, don't know what they are talking about, but we will just say it anyways, bank!
Lets just start off with, they have ONE ATM MACHINE WORKING FOR THE PAST MONTH! No matter which branch you go to, you'll see a sign up saying they've been out of service since August 2024, Rockaway pulled out their ATM Machine and you're just left with one branch!
DO NOT USE YOUR DEBIT CARD FROM THIS BANK. They will tell you that you have no rights to file a chargeback when they are legally obligated by both Visa and the Electronic Funds Act to dispute any and all transactions a customer's account has. You contact them, and they are that stupid that they will say in writting to go back to the merchant who charged your card. Why do you think people are filing charge backs morons! Because they attempted to work things out. Thats who this bank thinks and operates!
Everytime you walk into the Denville Branch your not welcomed, your treated as if your some sort of criminal and they give you the absolute run around with their lies. The branch manager needs to be fired and a new group of people need to be rehired.
We usually try to limit our banking to the ATM but you CANNOT trust Picatinny Whatsoever! At least 2 to 4 times a month, you'll drive to Denville only having to go to another location because their ATM is always down!
Picatinny tried to roll out a new app.and online baking system ,complete disaster! Could not use my app or get online for two days,no access to baking information or to pay bills. Talk Ed to numerous representatives and they could not helped w,was told they are working on it. No advance notice of system update complete mess
Overall | |
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NCUA # | 3291 |
Year Chartered | 1939 |
Employees | 63 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.28% |
Return on Equity - YTD | 3.58% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $476MM$458.2MM |
Loans | Q1 2025vs Q1 2024 | $254.2MM$259MM |
Deposits | Q1 2025vs Q1 2024 | $393.9MM$391.6MM |
Equity Capital | Q1 2025vs Q1 2024 | $36.6MM$32MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.2MM$1.1MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2MM$1.3MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Picatinny 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $5 | - | Share Savings Account | |
0.03% | $5 | - | Holiday Club Account | |
0.03% | $5 | - | Vacation Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.15% → $1k - $50k | 0.30% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | $0 | - | Share Draft Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.90% | $500 | - | 18 Month CD | |
3.90% | $500 | - | 24 Month CD | |
3.75% | $500 | - | 12 Month CD | |
3.75% | $500 | - | 36 Month CD | |
3.75% | $500 | - | 48 Month CD | |
3.75% | $500 | - | 60 Month CD | |
3.50% | $500 | - | 6 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.90% | $500 | - | 18 Month IRA | |
3.90% | $500 | - | 24 Month IRA | |
3.75% | $500 | - | 12 Month IRA | |
3.75% | $500 | - | 36 Month IRA | |
3.75% | $500 | - | 48 Month IRA | |
3.75% | $500 | - | 60 Month IRA | |
0.10% | $500 | - | IRA Account |
Picatinny Federal Credit Union Locations | ||
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Branch Office | Ardec S Bldg 30 | Picatinny Arsenal, NJ 07806 |
Branch Office | 10 International DR S | Flanders, NJ 07836 |
Branch Office | 340 E Main St | Denville, NJ 07834-2527 |
Branch Office | 100 Mineral Springs RD | Dover, NJ 07801 |
Branch Office | 200 Baldwin Rd # 128 | Parsippany, NJ 07054-2010 |