New Jersey

REGULATING AGENCY: New Jersey Department of Banking and Insurance

New Jersey Capitol

LEAGUE: CrossState Credit Union Association

PRIVATE SHARE INSURANCE: No

STATS: (As of Q4 2021)

Total Number of Credit Unions: 144

  • TOTAL # SCUs: 7
  • TOTAL # FCUs: 137
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 5%

Total Assets: $15,652,467,391

  • TOTAL $ SCU ASSETS: $180,640,458
  • TOTAL $ FCU ASSETS: $15,471,826,933
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 1%

Total Members: 962,146

  • TOTAL Members SCUs: 17,340
  • TOTAL Members FCUs: 944,806
  • SCU % OF TOTAL (SCUS/STATE TOAL): 2%

FUN FACT: The world’s first drive-in movie theater was built in this state in 1933. And the first submarine ride by inventor John P. Holland was in the Passaic river.


RECENT NEWS

First Harvest Credit Union and Gloucester County Habitat for Humanity Celebrate Dedication of Nonprofit’s 50th Home

FIRST HARVEST CREDIT UNION AND GLOUCESTER COUNTY HABITAT FOR HUMANITY CELEBRATE DEDICATION OF NONPROFIT'S 50TH HOME

December 14, 2021 —On Tuesday, December 14, First Harvest Credit Union joined Gloucester County Habitat for Humanity at a dedication ceremony for the 50th home built and purchased through the nonprofit organization. First Harvest serves as the financing agency for the mortgage on the Glassboro home, as well as many other Gloucester County Habitat homes.

“First Harvest Credit Union is proud to help Gloucester County Habitat for Humanity give hardworking families the opportunity to achieve the goal of affordable homeownership,” said Ernest Huggard, President and Chief Executive Officer of First Harvest Credit Union. “The organization’s mission is consistent with our own commitment to social responsibility as we support and improve the communities we serve.”


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