New Community Credit Union Newark NJ | Affordable Auto Loans & Business Banking

Introduction

Welcome to New Community, your trusted financial partner located at 274 S Orange Ave, Newark, NJ 07103. Since our establishment in 1984, we have been dedicated to serving our members with integrity and care. With a strong membership base of 3,563 individuals, we pride ourselves on being more than just a credit union; we are a community committed to helping you achieve your financial goals. At New Community, we understand the importance of financial stability and growth. Our total assets now stand at an impressive $3,049,660, with total deposits amounting to $1,561,486. This solid foundation allows us to offer a range of services designed to meet your needs from checking and savings accounts to auto loans and personal loans. We currently manage 32 loans and leases, ensuring that our members have access to the financing they require. Our leadership team is here to support you every step of the way. Led by CEO Mulu Gebreyesus and Board President Richard Cammarieri, our dedicated staff of 3 employees is always ready to assist you. You can reach us at 973-621-2363 during our lobby hours: Monday, Tuesday, Thursday, and Friday from 9:00 AM to 3:00 PM, and Wednesday from 11:30 AM to 6:30 PM. While members can visit us at 274 S Orange Ave, official correspondence should be sent to our mailing address at 274 S Orange Ave, Newark, NJ 07103-2419. We invite you to explore how New Community can help you navigate your financial journey with confidence and ease. For more information about our services or to become a member today, please visit our website at New Community FCU. Your financial future starts here!

Branch History & Mission

Commitment to Our Community

At New Community, we understand that a credit union is more than just a place to manage money; it's a hub for community connection and support. That's why we actively engage in outreach initiatives that strengthen our ties with local organizations. Whether it's sponsoring events or partnering with local schools, we are dedicated to making a positive impact. For your convenience, we offer various services including online banking and mobile payments so you can manage your finances anytime, anywhere. Our ATMs are readily available for quick access to cash without any hassle. While we do not currently have drive-thru service or shared service centers available at this location, our friendly staff is here to assist you during our lobby hours: Monday, Tuesday, Thursday, and Friday from 9:00 AM to 3:00 PM; Wednesday from 11:30 AM to 6:30 PM.

Join Us

As we continue to grow and evolve, we invite you to be part of the New Community family. Experience first-hand the benefits of membership at a credit union that truly cares about its members and their financial well-being. For inquiries or assistance, please reach out at (973) 621-2363 or visit us at New Community. Together, let's build a brighter financial future!

Our Evolution

Since our inception, New Community has focused on empowering individuals and families through financial education and resources. Over the years, we have expanded our offerings to include checking and savings accounts, auto loans, mortgage financing, personal loans, and credit cards with rewards. Today, we proudly serve over 3,500 members with total assets exceeding $3 million. Each milestone reflects our commitment to meeting the diverse needs of our community. Our mission is clear: to provide exceptional financial services while enhancing the lives of those we serve. We believe that everyone deserves access to affordable banking options and support in achieving their financial goals. This belief drives us to continually innovate and adapt our services.

Branch Location & Accessibility

Accessibility and Convenience

At New Community, we understand how important accessibility is for our members. Our branch is designed to be welcoming for everyone, featuring ADA-compliant facilities and convenient parking options. You can easily access our location without any hassle. While you can visit us at 274 S Orange Ave for all your banking services, please note that official correspondence should be sent to the same mailing address: 274 S Orange Ave, Newark, NJ 07103-2419.

Get in Touch

If you have any questions or need assistance, don't hesitate to reach out! You can give us a call at 973-621-2363. We look forward to welcoming you into our branch soon. Come see how New Community can help you achieve your financial goals!

Operating Hours

We want to make banking as convenient as possible for you. Our lobby hours are set up to fit your schedule: We are open Monday, Tuesday, Thursday, and Friday from 9:00 AM to 3:00 PM. On Wednesdays, we extend our hours from 11:30 AM to 6:30 PM. Feel free to stop by during these times!

Services Offered

New Community offers a range of services tailored just for you. From personal banking options like checking and savings accounts to auto loans and credit cards with rewards, we have something for everyone. Need cash? Our ATM is available for quick withdrawals and balance checks. Although we don't have drive-thru banking at this location, our friendly staff is always ready to assist you inside the branch.

Member Eligibility

At New Community, we believe that everyone deserves a chance to be part of a supportive financial community. Becoming a member is easy and welcoming! If you live, work, or worship in the Newark area or have family members who are already part of our community, you're eligible to join us. This means you can enjoy all the benefits we offer, from personalized service to competitive rates on loans and savings accounts. To get started with your membership journey, simply visit us at our branch located at 274 S Orange Ave Newark Nj 07103 or give us a call at (973) 621-2363. For more detailed information about eligibility requirements, check out our website at . We can't wait for you to join the New Community 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. If you're not yet a member, 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

Managing transactions smoothly is key to running a successful business. Our merchant services offer practical solutions that help you accept payments easily and efficiently. Imagine being able to focus on what you do best growing your business while we handle the details of payment processing. This allows you to serve your customers better and streamline operations. If you're ready to take your business banking experience to the next level, visit us at 274 S Orange Ave Newark Nj 07103 in Newark, NJ or call us at (973) 621-2363. Let's work together to achieve your business goals!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking of purchasing a new car? Our auto loans and vehicle financing options make buying that new ride easier than ever. We understand that a reliable vehicle is essential, so we offer flexible terms and competitive rates to help you get on the road without breaking the bank.

Business Banking

We also cater to local businesses with our business banking services, which include merchant services and business loans. If you're looking to grow your business or manage daily transactions smoothly, we've got solutions tailored just for you.

Credit Cards with Rewards

For those who love earning perks, our credit cards with rewards provide an excellent way to earn points on everyday purchases. Whether you want to redeem points for travel or cash back, these cards add value to your spending habits.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking platforms. With features like ATM access for cash withdrawals and balance checks, along with person-to-person payment options, managing your finances has never been easier. You can stay connected wherever you go!

Get Started Today!

Ready to experience all that New Community has to offer? Give us a call at (973) 621-2363 or visit us at 274 S Orange Ave Newark Nj 07103 in Newark, NJ. Our friendly staff is here to assist you with all your financial needs. Join us today and take the first step toward achieving your financial goals!

Mortgage Loans & Refinancing

If home ownership is on your mind, our mortgage loans and refinancing services can guide you through every step of the process. With personalized service from our team, you'll find a mortgage plan that fits your budget while helping you secure your dream home.

Personal Banking

When it comes to personal banking, we offer various checking and savings accounts designed for different lifestyles. Whether you're saving for a dream vacation or managing daily expenses, our accounts provide easy access and competitive rates. For those unexpected moments, we have personal loans and debt consolidation options that can help ease financial stress and provide the support you need.

Digital & Online Banking

Explore Our Services

With our online banking platform, you can access your accounts anytime, anywhere. Just visit https://www.newcommunityfcu.org/ to get started! Whether you want to check your balance, transfer funds, or pay bills, our 24/7 online banking services have you covered. And if you prefer going paperless, we offer e-statements so you can stay organized while helping the environment. For those on the go, our mobile payments feature lets you make quick transactions right from your smartphone. Although we don't currently have a mobile application, you can still enjoy all our online features through your device's browser. Plus, person-to-person transfers make it easy to send money to friends or family without the hassle of cash or checks.

Security You Can Trust

We prioritize your security with every transaction. While we don't use electronic signature authorization at this time, our systems are designed to keep your information safe. Our user-friendly interface ensures that even those new to online banking will find it easy to navigate and manage their accounts confidently. With real-time account management at your fingertips, you'll always know where your finances stand. From checking balances to making payments, everything is just a click away at New Community. Embrace the future of banking with us and experience the convenience of digital banking today!

Financial Strength

Growing Trust

Total Share Accounts: 7,483, showing a strong and growing member base that trusts us with their finances. Our net shares available for lending stand at $0, demonstrating our commitment to supporting your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, New Community is your trusted partner. Visit us at 274 S Orange Ave Newark Nj 07103 or call (973) 621-2363 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Members' savings are secured through $317,072 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $170,000, 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 3 full-time employees who are dedicated to providing excellent service. With 0 part-time employees as well, our branches are always ready to assist you with knowledgeable support.

Reinvesting in You

With $402,064 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 across various sectors with $1,044,068 in total loans and leases.

Solid Financial Health

With a net worth of $406,022, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,331 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, helping you get on the road without breaking the bank. Although currently, we have no new or used vehicle loans available, our commitment to providing competitive financing options remains strong.

Credit Card Loans

Managing everyday expenses? We also offer flexible terms on unsecured credit card loans. Currently, we have no unsecured credit card loans issued, but we are here to support you in exploring this option when it becomes available.

Mortgage Loans

Thinking about homeownership? While we don't have any mortgage options available at this time, our team is dedicated to guiding you through the process when you're ready. We understand that buying or refinancing a home can be daunting, and we aim to simplify it for our members.

Refinancing Options

If you're considering refinancing your existing loans or seeking eligibility options for future products, our knowledgeable staff is here to assist you every step of the way. For more information on how our loan offerings can work for you, feel free to reach out! You can contact us at 973-621-2363 or visit us at 274 S Orange Ave Newark Nj 07103. 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 your financial success!

Loan Aggregator

Accurate Loan Comparisons

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NEW COMMUNITY FEDERAL CREDIT UNION - Newark, NJ