Xcel Federal Credit Union is headquartered in Bloomfield and is the 16th largest credit union in the state of New Jersey. It is also the 1,316th largest credit union in the nation. It was established in 1964 and as of March of 2025, it had grown to 37 employees and 12,190 members at 3 locations. Xcel Federal Credit Union has a B health rating.
Membership in Xcel Federal Credit Union is open to anyone through joining the Ocean Running Club ($20 membership fee) or the Antique Automobile Club of America ($40 yearly dues) . Membership is also open to employees and members of Bloomfield College, Essex City Electricians Association, Hudson County, US Department of Justice, US Department of Education and over 100 other Select Employer Groups.
See current membership details
Overall | |
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NCUA # | 16218 |
Year Chartered | 1964 |
Employees | 37 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.6% |
Return on Equity - YTD | -7.28% |
Annual Interest Income | $2.3MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $188.9MM$192.2MM |
Loans | Q1 2025vs Q1 2024 | $120.7MM$117.1MM |
Deposits | Q1 2025vs Q1 2024 | $172.3MM$177.4MM |
Equity Capital | Q1 2025vs Q1 2024 | $15.5MM$13.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1MM$978K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $873K$760K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Xcel Federal Credit Union are currently being reviewed.
Xcel Federal Credit Union Locations | ||
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Branch Office | 26 Federal Plz Fl 31 | New York, NY 10278-1300 |
Main Office | 1460 Broad St | Bloomfield, NJ 07003 |
Branch Office | 30 Path Plz Journal Square | Jersey City, NJ 07306 |