Ocnac #1 Credit Union

About Ocnac #1 Credit Union

Ocnac #1 Credit Union Location

1082 Summit Avenue
Jersey City, NJ 07307

Phone: (201) 420-1026
Website:
Routing/Transit Number: Not Available

Ocnac #1 Credit Union Information

Ocnac #1 Credit Union of Jersey City, 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 2359 members and assets of $4,771,591, as compared to the national average of $93 million dollars of assets per credit union. Ocnac #1 Credit Union, first opened in 1949 and has been in operation since then. Additionally, Ocnac #1 Credit Union has 3 full time employees and 1 part time employees, or 589.75 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 Ocnac #1 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. Ocnac #1 Credit Union is a not-for-profit, cooperative, tax-exempt organization.