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 972nd largest credit union in the nation. It was established in 1967 and as of December of 2022, it had grown to 61 employees and 24,194 members at 6 locations. United Teletech Financial Federal Credit Union has a C 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
C
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18195 |
| Year Chartered | 1967 |
| Employees | 61 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.82% |
| Return on Equity - YTD | 16.83% |
| Annual Interest Income | $9.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $313.2MM$328.4MM |
| Loans | Q4 2022vs Q4 2021 | $215.4MM$205.4MM |
| Deposits | Q4 2022vs Q4 2021 | $292.5MM$303.8MM |
| Equity Capital | Q4 2022vs Q4 2021 | $15.1MM$23.5MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $4.0MM$7.4MM |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $6.1MM$10.6MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |