Proponent Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.profcu.org

800-457-8058

536 Washington Ave
Nutley, NJ 07110

Proponent Federal Credit Union is headquartered in Nutley and is the 4^th largest credit union in the state of New Jersey. It is also the 720^th largest credit union in the nation. It was established in 1971 and as of December of 2024, it had grown to 62 employees and 18,740 members at 4 locations. Proponent Federal Credit Union's CD rates are 4X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Proponent Federal Credit Union is open to employees or retirees of more than 550 Select Employer Groups, including Roche and LabCorp.
See current membership details

Reviews

Write a Review

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

Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #	20448
Year Chartered	1971
Employees	62
Primary Regulator

Profit Margin
Return on Assets - YTD	0.24%
Return on Equity - YTD	1.89%
Annual Interest Income	$24.4MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$514MM$498.7MM
Loans	Q4 2024vs Q4 2023	$409.1MM$419.8MM
Deposits	Q4 2024vs Q4 2023	$431.1MM$420.4MM
Equity Capital	Q4 2024vs Q4 2023	$65.4MM$62.8MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$6.1MM$6.8MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$5.1MM$5MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Savings
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
1.25%^*	$25k^*	-	Pro Savings Share Account
OTHER TIERS: 0.10% → $0 - $10k \| 0.85% → $10k - $25k
0.10%	$0	-	You-Name-It Savings
0.10%	$50	-	Membership Savings

Proponent Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$50k^*	-	Platinum Checking
OTHER TIERS: 0.05% → $0 - $10k \| 0.10% → $10k - $50k

Proponent Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%^*	$25k^*	-	3 Month CD
OTHER TIERS: 3.90% → $500 - $10k \| 3.95% → $10k - $25k
3.75%^*	$25k^*	-	6 Month CD
OTHER TIERS: 3.65% → $500 - $10k \| 3.70% → $10k - $25k
3.55%^*	$25k^*	-	60 Month CD
OTHER TIERS: 3.45% → $500 - $10k \| 3.50% → $10k - $25k
3.50%^*	$25k^*	-	12 Month CD
OTHER TIERS: 3.40% → $500 - $10k \| 3.45% → $10k - $25k
3.45%^*	$25k^*	-	48 Month CD
OTHER TIERS: 3.35% → $500 - $10k \| 3.40% → $10k - $25k
3.35%^*	$25k^*	-	36 Month CD
OTHER TIERS: 3.25% → $500 - $10k \| 3.30% → $10k - $25k
3.25%^*	$25k^*	-	24 Month CD
OTHER TIERS: 3.15% → $500 - $10k \| 3.20% → $10k - $25k

Proponent Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%^*	$25k^*	-	3 Month IRA CD
OTHER TIERS: 3.90% → $500 - $10k \| 3.95% → $10k - $25k
3.75%^*	$25k^*	-	6 Month IRA CD
OTHER TIERS: 3.65% → $500 - $10k \| 3.70% → $10k - $25k
3.55%^*	$25k^*	-	60 Month IRA CD
OTHER TIERS: 3.45% → $500 - $10k \| 3.50% → $10k - $25k
3.50%^*	$25k^*	-	12 Month IRA CD
OTHER TIERS: 3.40% → $500 - $10k \| 3.45% → $10k - $25k
3.45%^*	$25k^*	-	48 Month IRA CD
OTHER TIERS: 3.35% → $500 - $10k \| 3.40% → $10k - $25k
3.35%^*	$25k^*	-	36 Month IRA CD
OTHER TIERS: 3.25% → $500 - $10k \| 3.30% → $10k - $25k
3.25%^*	$25k^*	-	24 Month IRA CD
OTHER TIERS: 3.15% → $500 - $10k \| 3.20% → $10k - $25k

Locations

Proponent Federal Credit Union Locations
Corporate Office	100 Metro Blvd 4th Floor	Nutley, NJ 07110
Branch Office	3504 Forestdale Dr	Burlington, NC 27215-4693
Branch Office	173 Bloomfield Ave	Nutley, NJ 07110
Branch Office	409 Kingsland St	Nutley, NJ 07110

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.