Featured Savings Rates
Featured Accounts
Overview / Commentary
505 Division St
Elizabeth, NJ 07201

Wakefern Federal Credit Union is headquartered in Elizabeth and is the 97th largest credit union in the state of New Jersey. It is also the 4,287th largest credit union in the nation. It was established in 1962 and as of June of 2016, it had grown to 2 employees and 1,325 members at 1 location. Wakefern Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Wakefern Federal Credit Union is open to employees of all locations of Wakefern Food Corporation, PriceRite, Food Haulers, or NTS.
See current membership details


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

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. Wakefern Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #15016
Year Chartered1962
Primary Regulator
Profit Margin
Return on Assets - YTD-0.62%
Return on Equity - YTD-3%
Annual Interest Income$78.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$9.7MM$9.1MM
LoansQ2 2016vs Q2 2015$798.00K$770.00K
DepositsQ2 2016vs Q2 2015$7.7MM$7.0MM
Equity CapitalQ2 2016vs Q2 2015$2.0MM$2.1MM
Loan Loss AllowanceQ2 2016vs Q2 2015$5.00K$8.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$0$10.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Wakefern Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Wakefern Federal Credit Union Savings Account Rates

0.20%--Statement Savings
0.20%--Auxiliary Savings

Wakefern Federal Credit Union Locations
Branch Office505 Division StElizabeth, NJ 07201