FEDERAL EMPLOYEES NEWARK

Headquarters

970 BROAD STREET
Newark, NJ 07102
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Federal Employees Newark is an NCUA insured institution located in Newark, NJ. It was founded in 1942 and has approximately $14.44 millions in assets.

NCUA Insured Yes
Charter Number # # 4894
Date Established 1942
Assets $14.44 million
Loans $9.42 million
Deposits $11.59 million
Capital $2.83 million
 

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

We do not yet have rates for Federal Employees Newark

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Advertiser Disclosure

Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FEDERAL EMPLOYEES NEWARK

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
First Internet Bank
NMLS ID: 424182
2.664% 2.625% 0.50 $1,290 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to FEDERAL EMPLOYEES NEWARK
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Federal Employees Newark branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Federal Employees Newark Locations


Financial Details

Federal Employees Newark Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Federal Employees Newark. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Federal Employees Newark U.S. Average
0.03% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Federal Employees Newark had $732 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,833,341 in net worth and $51,282 in loans loss reserves. That gives it a Texas Ratio of 0.03%.

Net Worth
Federal Employees Newark U.S. Average
19.61% 13.61%

Federal Employees Newark FCU has a net worth of 19.61% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Federal Employees Newark

Branches and Savings

What is Federal Employees Newark?

A federal credit union, registered with the NCUA under certificate #4894.
Learn more about credit unions here.

Is Federal Employees Newark FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Federal Employees Newark?

Please see Field of Membership information above for information on who is eligible to join.

What are Federal Employees Newark's share account and share certificate rates?

Federal Employees Newark's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Federal Employees Newark?

Federal Employees Newark has total capital of $2.83 million. Full information on Federal Employees Newark's financial position is located above.

Who owns Federal Employees Newark?

Credit Unions are owned by their members.

Where are Federal Employees Newark branches located?

See branch locations nearby.

Are Federal Employees Newark ATMs Open 24/7?

Do Federal Employees Newark ATMs accept cash deposits?

Can Federal Employees Newark customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Federal Employees Newark have a mobile app?

Does Federal Employees Newark have mobile deposit?

Does Federal Employees Newark have quick pay?

How can Federal Employees Newark transfer money to other banks or credit unions?

Does Federal Employees Newark report to credit bureaus?

Does Federal Employees Newark use Chexsystems?

Does Federal Employees Newark use Equifax?

What is Federal Employees Newark's toll free phone number?

What is Federal Employees Newark's ACH Routing Number?

What is Federal Employees Newark's SWIFT code?

Where can I find Federal Employees Newark's wire transfer form?

What is the Federal Employees Newark address for deposits?

What Products Does Federal Employees Newark Offer

Does Federal Employees Newark offer mortgages?

Compare mortgage rates here.

Does Federal Employees Newark offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Federal Employees Newark offer auto and RV loans?

Compare auto loan rates here.

Does Federal Employees Newark offer student loans or personal loans?

Compare personal loan rates here.

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