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Proponent Federal Credit Union

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CURRENT TOP RATE

60 Month Premium Benefits Rate CD

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.90%	5-year CD	60 Month CD 2.25% - Ally Bank High Yield 5 Year CD
0.65%	1-year CD	12 Month Combo CD 1.50% - Ally Bank No Penalty 11-Month CD
0.10%	Savings	Trust Savings Account 1.15% - CIT Bank Spring Savings

View all Proponent Federal Credit Union rates »

Overview / Commentary

www.proponentfcu.org

800-457-8058

536 Washington Ave
Nutley, NJ 07110

Proponent Federal Credit Union is headquartered in Nutley and is the 3^rd largest credit union in the state of New Jersey. It is also the 516^th largest credit union in the nation. It was established in 1971 and as of March of 2017, it had grown to 87 employees and 25,818 members at 4 locations. Proponent Federal Credit Union has a C+ 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

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2006

10/14 - 6.00% 7-Month CD at a New Jersey/North Carolina CU (Proponent)

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Health

C+

Data as of Q1 2017

Learn why bank health matters

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. Proponent Federal Credit Union has a negative return on assets.

Health Grade Components

Overall
NCUA #	20448
Year Chartered	1971
Employees	87
Primary Regulator

Profit Margin
Return on Assets - YTD	-2.34%
Return on Equity - YTD	-21.38%
Annual Interest Income	$4.4MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$512.4MM$508.3MM
Loans	Q1 2017vs Q1 2016	$361.5MM$349.3MM
Deposits	Q1 2017vs Q1 2016	$454.3MM$449.0MM
Equity Capital	Q1 2017vs Q1 2016	$55.3MM$56.8MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$8.8MM$4.7MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$18.3MM$7.5MM
Real Estate Owned	Q1 2017vs Q1 2016	$0$201.00K

Rates

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Savings
Money Market
Checking
CD
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* 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%^*	$50k^*	-	IRA Savings Account
OTHER TIERS: 0.10% → Up to $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k
0.20%^*	$1k^*	-	High Yield Savings Account
OTHER TIERS: 0.10% → Up to $1k
0.10%	-	-	Regular Share Account
0.10%	-	-	Trust Savings Account
0.10%	-	-	Custodial Savings Account
0.10%	-	-	Vacation Holiday Savings Account
0.10%	-	-	Business Regular Share

Proponent Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.10% → Up to $2,500 \| 0.15% → $2,500 - $10k \| 0.20% → $10k - $50k
0.25%^*	$50k^*	-	Business Money Market
OTHER TIERS: 0.10% → Up to $2,500 \| 0.15% → $2,500 - $10k \| 0.20% → $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
0.20%^*	$50k^*	-	Pro Business MAX
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $50k
0.05%	-	-	PRO 60 Checking
0.05%	-	-	Pro Business XTRA

Proponent Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.00%	$1k	-	60 Month Premium Benefits Rate CD
1.90%	$1k	-	60 Month CD
1.75%	$1k	-	42 Month Premium Benefits Rate CD
1.65%	$1k	-	42 Month CD
1.54%	$1k	-	Business 60 Month CD
1.50%	$1k	-	30 Month Premium Benefits Rate CD
1.40%	$1k	-	30 Month CD
1.30%	$1k	-	24 Month Premium Benefits Rate CD
1.20%	$1k	-	24 Month CD
0.95%	$1k	-	Business 36 Month CD
0.75%	$1k	-	12 Month Premium Benefits Rate CD
0.75%	$2k	-	12 Month Combo Premium Benefits Rate CD
0.70%	$1k	-	Business 24 Month CD
0.65%	$1k	-	12 Month CD
0.65%	$2k	-	12 Month Combo CD
0.65%	$1k	-	9 Month Premium Benefits Rate CD
0.65%	$2k	-	9 Month Combo Premium Benefits Rate CD
0.60%	$1k	-	6 Month Premium Benefits Rate CD - New Money
0.55%	$1k	-	9 Month CD
0.55%	$2k	-	9 Month Combo CD
0.55%	$1k	-	6 Month Premium Benefits Rate CD
0.50%	$1k	-	6 Month CD - New Money
0.50%	$1k	-	3 Month Premium Benefits Rate CD
0.50%	$2k	-	6 Month Combo Premium Benefits Rate CD
0.45%	$1k	-	6 Month CD
0.45%	$1k	-	1 Month Premium Benefits Rate CD
0.45%	$2k	-	3 Month Combo Premium Benefits Rate CD
0.40%	$1k	-	3 Month CD
0.40%	$2k	-	6 Month Combo CD
0.40%	$1k	-	Business 12 Month CD
0.35%	$1k	-	1 Month CD
0.35%	$2k	-	3 Month Combo CD
0.25%	$1k	-	Business 6 Month CD
0.20%	$1k	-	Business 3 Month CD

Proponent Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	$1k	-	12 Month Tax Deferred Premium Benefits Rate CD
0.65%	$1k	-	12 Month Tax Deferred CD

Locations

Proponent Federal Credit Union Locations
Branch Office	358 S Main St	Burlington, NC 27215-5837
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