Proponent Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.20% | 5-year CD | 60 Month CD |
| 1.25% | 1-year CD | 12 Month Combo CD 2.45% - Synchrony Bank 12 Month CD |
| 0.10% | Savings | Trust Savings Account |
Proponent Federal Credit Union is headquartered in Nutley and is the 3rd largest credit union in the state of New Jersey. It is also the 562nd largest credit union in the nation. It was established in 1971 and as of June of 2018, it had grown to 81 employees and 25,283 members at 3 locations. Proponent Federal Credit Union's CD rates are 50% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Proponent Federal Credit Union is open to employees of Alamance County, G&S Technologies, Meadowlink, and over 200 area Select Employer Groups (membership requirements are listed in the credit union's online application).
See current membership details
Related Posts
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 20448 |
| Year Chartered | 1971 |
| Employees | 81 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 5.45% |
| Annual Interest Income | $9.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $492.0MM$512.1MM |
| Loans | Q2 2018vs Q2 2017 | $363.5MM$357.7MM |
| Deposits | Q2 2018vs Q2 2017 | $438.2MM$453.1MM |
| Equity Capital | Q2 2018vs Q2 2017 | $51.0MM$56.1MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $11.4MM$5.2MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $10.7MM$10.4MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $395.00K$34.00K |
Always verify rates and promotions with the bank or credit union. We are not Proponent 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.
Proponent Federal Credit Union Savings Account Rates
Proponent Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $50k* | - | Money Market Account | ||
| OTHER TIERS: 0.15% → Up to $2.5k | 0.20% → $2.5k - $10k | 0.25% → $10k - $50k | |||||
Proponent Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $50k* | - | Platinum Checking | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.10% → $10k - $50k | |||||
| 0.05% | - | - | PRO 60 Checking | ||
Proponent Federal Credit Union CD Rates
Proponent Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.35% | $1k | - | 12 Month Tax Deferred Premium Benefits Rate CD | |
| 1.25% | $1k | - | 12 Month Tax Deferred CD |
| Proponent Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 3504 Forestdale Dr | Burlington, NC 27215 |
| Branch Office | 536 Washington Ave | Nutley, NJ 07110 |
| Branch Office | 427 Bloomfield Ave | Montclair, NJ 07042-3583 |