Credit union
Union County Employees Federal Credit Union
Elizabeth, New Jersey, Union County, NJ
$7M in total assets and 985 members, the 3,695th largest of 4,298 US credit unions and 101st of 126 headquartered in New Jersey.
- NCUA charter
- 14329
- Charter
- Federal
- Chartered
- 1961
- NCUA insured since
- 1971
- Field of membership
- Multiple common bond - primarily federal, state, local government
- Low-income designation
- Yes
At a glance
Compared with 56 federally insured credit unions in New Jersey with under $100 million in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $7M | 2% | $27M | |
| Loans | $1M | 2% | $10M | |
| Deposits (shares) | $5M | 2% | $24M | |
| Members | 985 | 9% | 2,188 | |
| Return on assets | 0.61% | 62% | 0.27% | |
| Net interest income to assets | 5.26% | 96% | 3.67% | |
| Efficiency ratio | 88.8% | 54% | 85.9% | |
| Net worth ratio | 22.61% | 88% | 13.99% | |
| Loans to shares | 28% | 14% | 52% | |
| Cost of deposits | 0.00% | 2% | 1.20% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets fell 2.1% a year over 10 years and 4.9% a year over the last 5, without mergers. Membership fell 7.2% a year over 5 years, to 985.
Where they operate
0 branches in 0 counties.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 1 | |
| 2017 | 1 | 0 |
| 2018 | 1 | 0 |
| 2019 | 1 | 0 |
| 2020 | 1 | 0 |
| 2021 | 1 | 0 |
| 2022 | 1 | 0 |
| 2023 | 1 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 2.03% | 1.02% |
| Net worth ratio | 22.61% | 13.99% |
| Loans to shares | 28% | 52% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in New Jersey
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.