Sep, 30, 2025 — MEMBER'S 1ST OF NJ FEDERAL CREDIT UNION is a federal credit union headquartered in VINELAND, NJ with 3 branch locations and about $128.30 million in total assets. Opened 88 years ago in 1938, MEMBER'S 1ST OF NJ FEDERAL CREDIT UNION has about 13,089 members and employs 31 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBER'S 1ST OF NJ FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 37 W Landis Ave VINELAND, NJ 08360-8122 |
| Phone: | (856) 696-0767 |
| Fax: | (856) 696-3579 |
| Website: | https://www.membersonenj.org |
| Branches: | 3 branch locations |
| Members: | 13,089 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2574 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $128,302,281 |
| CEO/Manager: | Eileen Crean |
| Chairperson: | John L Henderson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,673,961 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 20,650,661 |
| Unsecured Loans | 13,933,095 |
| Other Loans | 23,161,878 |
| TOTAL LOANS | 58,061,341 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -444,342 |
| Land And Building | 3,603,118 |
| Other Fixed Assets | 163,689 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,073,310 |
| All Other Assets | 0 |
| TOTAL ASSETS | 128,302,281 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,872,879 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,481,937 |
| Regular shares | 66,655,526 |
| All Other Shares & Deposits | 22,086,121 |
| TOTAL SHARES & DEPOSITS | 114,223,584 |
| TOTAL LIABILITIES | 116,096,463 |
| Regular Reserve | 0 |
| Other Reserves | 5,303,410 |
| Undivided Earnings | 6,902,408 |
| TOTAL EQUITY | 12,205,818 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 128,302,281 |
| INCOME & EXPENSE | |
| Loan Income | 2,685,344 |
| Investment Income | 1,653,722 |
| Other Income | 608,216 |
| Total Employee Compensation & Benefits | 1,355,226 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,650,472 |
| Non-operating Income & (Expense) | 817,727 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 791,356 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 967,955 |
| ↑ Back to Top | |