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	HOW THEY COMPARE
2.40%	5-year CD	2.27% - National Average
1.60%	1-year CD	1.37% - National Average
0.10%	Savings	0.26% - National Average

View all Proponent Federal Credit Union rates »

Overview / Commentary

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 589^th largest credit union in the nation. It was established in 1971 and as of December of 2018, it had grown to 78 employees and 25,133 members at 3 locations. Proponent Federal Credit Union's CD rates are 89% 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 or retirees of Select Employer Groups.
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Related Posts

View all posts from:

2006

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

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Health

B

Data as of Q4 2018

Learn why bank health matters

Health Grade Components

Overall
NCUA #	20448
Year Chartered	1971
Employees	78
Primary Regulator

Profit Margin
Return on Assets - YTD	0.82%
Return on Equity - YTD	7.15%
Annual Interest Income	$19.8MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$470.9MM$498.7MM
Loans	Q4 2018vs Q4 2017	$377.9MM$361.0MM
Deposits	Q4 2018vs Q4 2017	$413.7MM$439.7MM
Equity Capital	Q4 2018vs Q4 2017	$54.4MM$56.2MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$9.4MM$6.4MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$10.9MM$12.5MM
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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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%	$50	-	Regular Share Account
0.10%	-	-	Trust Savings Account
0.10%	-	-	Custodial Savings Account
0.10%	-	-	Vacation Holiday Savings Account

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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.50%	$1k	-	60 Month Premium Benefits Rate CD
2.40%	$1k	-	60 Month CD
2.30%	$1k	-	42 Month Premium Benefits Rate CD
2.20%	$1k	-	42 Month CD
2.20%	$1k	-	30 Month Premium Benefits Rate CD
2.10%	$1k	-	30 Month CD
2.10%	$1k	-	24 Month Premium Benefits Rate CD
2.00%	$1k	-	24 Month CD
1.70%	$1k	-	12 Month Premium Benefits Rate CD
1.70%	$2k	-	12 Month Combo Premium Benefits Rate CD
1.60%	$1k	-	12 Month CD
1.60%	$2k	-	12 Month Combo CD
1.35%	$1k	-	9 Month Premium Benefits Rate CD
1.35%	$2k	-	9 Month Combo Premium Benefits Rate CD
1.25%	$1k	-	9 Month CD
1.25%	$2k	-	9 Month Combo CD
1.15%	$1k	-	6 Month Premium Benefits Rate CD - New Money
1.10%	$1k	-	6 Month Premium Benefits Rate CD
1.10%	$2k	-	6 Month Combo Premium Benefits Rate CD
1.05%	$1k	-	6 Month CD - New Money
1.00%	$1k	-	6 Month CD
1.00%	$2k	-	6 Month Combo CD
0.85%	$1k	-	3 Month Premium Benefits Rate CD
0.85%	$2k	-	3 Month Combo Premium Benefits Rate CD
0.75%	$1k	-	3 Month CD
0.75%	$2k	-	3 Month Combo CD
0.45%	$1k	-	1 Month Premium Benefits Rate CD
0.35%	$1k	-	1 Month CD

Proponent Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.70%	$1k	-	12 Month Tax Deferred Premium Benefits Rate CD
1.60%	$1k	-	12 Month Tax Deferred CD

Locations

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

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