Motion

360 N Wood Ave
Linden, NJ 07036

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 53
Date Established 1934
Assets $71.92 million
Loans $53.81 million
Deposits $67.52 million
Capital $4.32 million

Motion is an NCUA insured institution located in Linden, NJ. It was founded in 1934 and has approximately $71.92 millions in assets.

Field of Membership Restrictions

Membership is open to employees or members of select companies or organizations and to family of current members.

Savings Rates

Your Current Location: Virginia, VA 20146

We do not yet have rates for Motion

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Note to Motion
To upload and update your credit union's rates please register. It is free to register and add rates.

There are currently no rates available for Motion, but see these great savings and CD rates:

1.20% APY Online Savings Account from Ally Bank
1.50% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MOTION

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
US Wide Financial
NMLS ID: 55028
License#: MC-5809
3.763% 3.750% -0.13 $398 $1,158 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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

Branches

Below are Motion 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


Motion Locations

Financial Details

Motion Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Motion. 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
Motion U.S. Average
17.59% 6.15%

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. As of June 30, 2017, Motion had $632,071 in non-current loans and $230,000 in owned assets. To cover these potential losses it had $4,317,696 in net worth and $583,001 in loans loss reserves. That gives it a Texas Ratio of 17.59%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.

Net Worth
Motion U.S. Average
6% 13.03

Motion FCU has a net worth of 6% versus the BestCashCow average of 13.03. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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