Sep, 30, 2025 — CREDIT UNION OF NEW JERSEY (CUNJ) is a federal credit union headquartered in EWING, NJ with 4 branch locations and about $475.30 million in total assets. Opened 83 years ago in 1943, CREDIT UNION OF NEW JERSEY (CUNJ) has about 38,892 members and employs 83 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CREDIT UNION OF NEW JERSEY |
|---|---|
| Address: (Main Office) | 1301 Parkway Ave EWING, NJ 08628 |
| Phone: | (609) 538-4061 |
| Fax: | (609) 538-4057 |
| Website: | https://www.cunj.org |
| Branches: | 4 branch locations |
| Members: | 38,892 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24927 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1943 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $475,297,740 |
| CEO/Manager: | Andrew L Jaeger |
| Chairperson: | Gary K Chizmadia |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,920,419 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 213,845,078 |
| Unsecured Loans | 66,045,682 |
| Other Loans | 112,028,597 |
| TOTAL LOANS | 391,919,357 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,077,794 |
| Land And Building | 5,374,925 |
| Other Fixed Assets | 2,442,411 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,968,441 |
| All Other Assets | 285,902 |
| TOTAL ASSETS | 475,297,740 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 394,028 |
| Notes & Interest Payable | 8,600,000 |
| Accounts Payable & Other Liabilities | 11,474,596 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 8,000,000 |
| Share Drafts | 101,361,627 |
| Regular shares | 189,914,401 |
| All Other Shares & Deposits | 120,653,878 |
| TOTAL SHARES & DEPOSITS | 411,929,906 |
| TOTAL LIABILITIES | 440,398,530 |
| Regular Reserve | 0 |
| Other Reserves | -4,244,449 |
| Undivided Earnings | 39,143,659 |
| TOTAL EQUITY | 34,899,210 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 475,297,740 |
| INCOME & EXPENSE | |
| Loan Income | 18,710,289 |
| Investment Income | 1,190,443 |
| Other Income | 3,916,074 |
| Total Employee Compensation & Benefits | 6,804,063 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,728,382 |
| Non-operating Income & (Expense) | 63,846 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,685,881 |
| Cost of Funds | 4,384,346 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,014,889 |
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