Overview / Commentary
856-327-5755
1601 Cedar St
Millville, NJ 08332-9403

Thunderbolt Area Federal Credit Union is headquartered in Millville and is the 66th largest credit union in the state of New Jersey. It is also the 3,196th largest credit union in the nation. It was established in 1951 and as of March of 2018, it had grown to 5 employees and 2,907 members at 1 location. Thunderbolt Area Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, worship, or do business in Millville.
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Health
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. Thunderbolt Area Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #7289
Year Chartered1951
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD10.26%
Annual Interest Income$177.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$23.7MM$21.7MM
LoansQ1 2018vs Q1 2017$7.4MM$6.9MM
DepositsQ1 2018vs Q1 2017$21.7MM$19.7MM
Equity CapitalQ1 2018vs Q1 2017$2.0MM$1.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$346.00K$299.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$152.00K$215.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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Thunderbolt Area Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%--IRA Savings
0.10%--Club Account
0.10%--Share Account
Locations


Thunderbolt Area Federal Credit Union Locations
Branch Office1601 Cedar StMillville, NJ 08332-9403

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