Proponent Credit Union

About Proponent Credit Union

Proponent Credit Union Location

536 Washington Avenue
Nutley, NJ 07110

Phone: (973) 338-1133
Website: Proponentfcu.org
Routing/Transit Number: Not Available

Proponent Credit Union Information

Proponent Credit Union of Nutley, NJ is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 26290 members and assets of $389,663,128, as compared to the national average of $93 million dollars of assets per credit union. Proponent Credit Union, first opened in 1971 and has been in operation since then. Additionally, Proponent Credit Union has 94 full time employees and 7 part time employees, or 260.297029703 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Proponent Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Proponent Credit Union is a not-for-profit, cooperative, tax-exempt organization.