At Edifi, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that when it comes to your finances, trust and reliability are paramount. That's why we want to share insights into our financial strength, which is designed to reassure you about our stability and commitment to serving your needs. Our current
net worth stands at $22,025,666, showcasing our strong financial health. This robust position allows us to offer better rates, lower fees, and enhanced services tailored for our members. Furthermore, our
net worth ratio of $918 highlights our solid capital foundation, ensuring we can continue providing loans, competitive savings rates, and uninterrupted services even during uncertain economic times. Members' savings are well-secured through
$27,044,805 in share certificates and
$36,968,640 in money market shares. These options offer stable and rewarding growth opportunities for your hard-earned money. Unlike traditional banks, we prioritize our members first; with non-member deposits at
$0, we focus our resources on benefiting you through better loan rates, lower fees, and exclusive perks. In addition, we have
$17,503,382 in undivided earnings, which means we can reinvest in innovative banking tools and stronger lending options to serve you better. With
$1,707 in used auto loans and
$130,087,520 in total loans and leases, our lending capacity supports various financial goals for all our members. Our operational efficiency is reflected in our
$-291,707, allowing us to continue offering competitive products designed with you in mind. We're proud to have a dedicated team of
77 full-time employees and
2 part-time employees who are always ready to assist you with knowledgeable service. We also manage a significant number of accounts
47,130 total share accounts which demonstrates the trust placed in us by a growing member base. This trust is vital as it reinforces our commitment to maintaining strong financial practices. To sum it up, the financial strength of Edifi means we are well-equipped to serve your needs today and into the future. Whether you're saving, borrowing, or planning for what's next, Edifi is your trusted partner. Visit us at 1 Cooper Plz Camden Nj 08103, or call us at (800) 225-1859 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.