Newark Police Credit Union

About Newark Police Credit Union

Newark Police Credit Union Location

1 Lincoln Ave Room 306
Newark, NJ 07104

Phone: (973) 733-6198
Website:
Routing/Transit Number: Not Available

Newark Police Credit Union Information

Newark Police Credit Union of Newark, 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 1974 members and assets of $5,476,068, as compared to the national average of $93 million dollars of assets per credit union. Newark Police Credit Union, first opened in 1941 and has been in operation since then. Additionally, Newark Police Credit Union has 3 full time employees and 1 part time employees, or 493.5 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 Newark Police 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. Newark Police Credit Union is a not-for-profit, cooperative, tax-exempt organization.