United Teletech Financial Federal Credit Union
Overview / Commentary
United Teletech Financial Federal Credit Union is headquartered in TINTON FALLS and is the 9th largest credit union in the state of New Jersey. It is also the 877th largest credit union in the nation. It was established in 1967 and as of June of 2020, it had grown to 61 employees and 24,210 members at 7 locations. United Teletech Financial Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school or volunteer in Monmouth County, Ocean County and parts of central Middlesex County.
See current membership details
Health
B
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18195 |
| Year Chartered | 1967 |
| Employees | 61 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.01% |
| Return on Equity - YTD | 0.12% |
| Annual Interest Income | $5.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $304.4MM$295.3MM |
| Loans | Q2 2020vs Q2 2019 | $202.3MM$219.6MM |
| Deposits | Q2 2020vs Q2 2019 | $279.6MM$272.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $23.6MM$21.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $8.1MM$10.8MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $10.8MM$13.6MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$207.00K |