Federal Employees Newark NJ Credit Union | Basic ATM & Shared Branch Access

Introduction

Welcome to Federal Employees Newark, your trusted financial partner since 1942. Conveniently located at 970 Broad St, Newark, NJ 07102, we have been dedicated to serving our members with integrity and care for over 80 years. Our credit union is a vibrant community hub where you can find not just financial services but a supportive family that understands your needs. With a proud membership of 2,339 individuals, we are committed to providing personalized services tailored just for you. At Federal Employees Newark, we manage total assets of $15,356,827 and offer competitive loan options with a total of 1,300 loans and leases in our portfolio. Your deposits are safe with us; we hold $954,764 in deposits, reflecting our strong commitment to safeguarding your hard-earned money. Our dedicated team of six employees works tirelessly under the leadership of CEO Tracey Davis and Board President Louis Milano to ensure that you receive exceptional service every time you visit or call us at 973-622-6028. While you can always reach out to us by phone or fax at 973-622-6688, we invite you to explore our website at fenfcu.com for more information about our services. We pride ourselves on being more than just a credit union; we are an integral part of the Newark community. Whether you're looking for loans, savings accounts, or simply want to learn more about financial wellness, we're here for you every step of the way. So why wait? Visit us today and discover how we can help you achieve your financial goals!

Branch History & Mission

Community Engagement

Our commitment goes beyond providing financial products; it extends into actively participating in local events and supporting initiatives that uplift our community. We are proud partners with various local organizations dedicated to enhancing quality of life in Newark. As we continue this journey together, we invite you to become part of the Federal Employees Newark family. Join us today and experience firsthand how we're dedicated to supporting your financial well-being while strengthening our community together. For more information or assistance, feel free to reach out at 973-622-6028 during our operating hours from 9:00 AM - 3:00 PM, Monday through Friday. Together, let's build a brighter financial future!

Our Evolution

Located at 970 Broad St, Newark, NJ 07102, Federal Employees Newark has witnessed significant changes and milestones throughout its history. From our humble beginnings serving federal employees to expanding our membership to include all residents of the area, we have embraced growth while staying true to our core mission. Today, we are proud to serve 2,339 members with total assets amounting to an impressive $15,356,827. Over the decades, we have adapted to meet the needs of our members through innovative services and community outreach initiatives. We believe in the power of financial education and support; thus, we have implemented programs aimed at enhancing financial literacy among our members. In addition to traditional banking services, we now offer online banking and mobile application access, ensuring that our members can manage their finances conveniently.

Our Mission

At Federal Employees Newark, our mission is simple yet powerful: to provide exceptional financial services while fostering a strong sense of community. We strive not only to meet the banking needs of our members but also to contribute positively to the neighborhoods we serve. Our goal is to create lasting relationships with each member by offering personalized service tailored to individual needs. While you can visit us at 970 Broad St, official correspondence should be sent to 970 BROAD STREET, NEWARK, NJ 07102-2534 if it differs from your branch address. We are committed to making banking accessible for everyone; that's why we offer ATM services and basic shared branch transactions for partner credit union members.

Branch Location & Accessibility

Call to Action

We invite you to come by and discover how we can support your financial journey! Whether you need assistance with your accounts or want more information about our services, our team is excited to welcome you. Join us at Federal Employees Newark today!

Nearby Landmarks and Accessibility

Our branch is located near popular spots like the Newark Museum and the Prudential Center, making it a familiar landmark for many residents. Parking is available nearby, ensuring that you can visit us hassle-free. We take pride in our commitment to accessibility, providing features that ensure everyone can enjoy our services comfortably.

Operating Hours and Services

We're open Monday through Friday from 9:00 AM to 3:00 PM, making it convenient for you to stop by during your day. At our branch, you'll find ATM services readily available along with basic shared branch transactions. Members of partner credit unions can make deposits and withdrawals right here! While we don't have drive-thru banking at this location, our friendly staff is always ready to assist you inside. While members can visit us at 970 Broad St, official correspondence should be sent to 970 BROAD STREET, NEWARK, NJ 07102-2534. If you have questions or need assistance, don't hesitate to give us a call at 973-622-6028.

Member Eligibility

At Federal Employees Newark, we believe that everyone deserves a chance to join a caring and supportive financial community. If you're looking to become a member, it's easy! Eligibility generally includes individuals who are federal employees, their family members, or those closely associated with our mission. This means that if you work for the federal government or have a loved one who does, you might just be the perfect fit for us! For more detailed eligibility information, you can visit this link. Joining is straightforward and rewarding. You'll gain access to our fantastic financial services tailored just for members like you at 970 Broad St Newark Nj 07102. Plus, being part of Federal Employees Newark opens doors to better rates and personalized service that you won't find at traditional banks. When you're ready to take the next step, simply check out our account opening process here or give us a call at (973) 622-6028. We're excited to welcome you into our family!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

Imagine running your daily operations without worrying about payment processing. Our merchant services are designed to make transactions smooth and efficient, allowing you to focus on what you do best running your business. Whether you need simple payment solutions or comprehensive account management, we have options that can fit any size of operation. Partner with us at Federal Employees Newark and discover how our business banking and commercial services can fuel your success! For more information, feel free to contact us at (973) 622-6028.

Comprehensive List Of Services

Accessibility Wherever You Are

In today's fast-paced world, we understand the importance of being able to bank on your schedule. That's why Federal Employees Newark offers online banking options that let you manage your accounts from the comfort of your home or while on the go. With just a few clicks, you can check balances, transfer funds, and keep track of your spending all without having to step into a branch.

Banking Made Easy

Our services are tailored for everyday situations, whether you're making deposits, withdrawing cash, or checking your balance. We offer ATM services that are accessible and user-friendly. Our ATMs allow you to perform basic functions like withdrawals and balance checks with ease. If you're a member of a partner credit union, you can also enjoy basic shared branch transactions, which include deposits and withdrawals. This means that no matter where you are, you have access to your funds and banking services.

Join Us Today!

If you're looking for reliable financial services backed by a supportive team, look no further than Federal Employees Newark. Stop by during our lobby hours from 9:00 AM to 3:00 PM on weekdays or visit us online at Federal Employees Newark Federal Credit Union. We invite you to become part of our community today!

Personal Touch in Every Interaction

We know that personalized service matters when it comes to managing your finances. Our team is here to assist you with any questions or concerns you may have about our offerings. Whether you're seeking advice on saving or need assistance with transactions, we're just a phone call away at (973) 622-6028.

Digital & Online Banking

Real-Time Account Management

Keeping track of your money has never been easier. Our person-to-person transfer feature isn't available right now, but you can still send money quickly and securely within the app or through our online banking system. Whether you're splitting a dinner bill or paying back a friend, managing those transactions is simple. While electronic signatures are not offered at this time, our straightforward processes ensure that everything from opening an account to managing loans is hassle-free. With our commitment to ease-of-use and security, you can focus on what matters most your financial health. Experience the freedom and peace of mind that comes with digital banking at Federal Employees Newark. Join us today and take control of your finances!

User-Friendly Features

Our mobile application brings the bank right to your pocket. With it, you can manage your accounts with just a few taps on your smartphone. Although we currently do not support mobile payments or e-statements, our app provides essential functions for easy access to your financial information. You can also rest assured knowing that all transactions are protected with top-notch security measures.

Financial Strength

Commitment to Growth

With $2,701,167 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $31 in used auto loans and $8,961,770 in total loans and leases.

Growing Membership Base

Total Share and Deposit Accounts: 2,529, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Federal Employees Newark is your trusted partner. Visit us at 970 Broad St Newark Nj 07102 or call (973) 622-6028 to learn more about how we can help you achieve your financial goals.

Member Savings and Investments

Members' savings are secured through $3,644,441 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 5 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Our Financial Health

With a net worth of $2,701,167, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,759 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $392,846 in used vehicle loans and $541,480 in new vehicle loans already helping members get on the road. We provide flexible terms that make it easier for you to drive away with the vehicle you want.

Credit Lines

For those who prefer access to funds when needed, our total credit lines available are $500,000. This option allows you to borrow money as needed while only paying interest on what you use, providing flexibility for your financial planning. If you're considering refinancing any existing loans or would like information on eligibility options, our team is ready to help. We pride ourselves on transparency and ensuring our members understand all their choices. To explore our loan offerings further or to begin your application process, please contact us at (973) 622-6028 or visit us at 970 Broad St Newark Nj 07102, Newark, NJ. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let's work together towards achieving your financial dreams!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $5,156,884, make buying or refinancing simple. Whether you're a first-time buyer or looking to refinance an existing mortgage, our experienced staff can assist you every step of the way.

Unsecured Credit Card Loans

Managing day-to-day expenses can be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $346,223 in loans helping members manage their finances effectively. These cards can provide you with the purchasing power and flexibility you need without securing against any asset.

Loan Aggregator

Benefits of Using LendMesh

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FEDERAL EMPLOYEES NEWARK FEDERAL CREDIT UNION - Newark, NJ