New Community Federal Credit Union

Established in 1984, New Community Federal Credit Union is headquartered in Newark, New Jersey.

Main Address

274 S Orange Ave
Newark, NJ 07103

Credit Union Details

Charter Number: 24167

Year Opened: 1984

Date Insured: November 29, 1984

Routing Number: 221283428

Peer Group: Assets between $2 million to $10 million

Credit Union Type: Federally chartered, federally insured credit union (FCU)

President of the Board: Richard Cammarieri

Manager/CEO: Mulu Gebreyesus

Employees: 3 full-time employees

Members: 3,641 current members

Website

newcommunityfcu.org

ATM Locations

ATM
Location
New community FCU
274 S Orange Ave
Newark, NJ 07103

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
September 28, 2023
$50,000
National Federation of Community Development Credit Unions
July 29, 2022
$10,000
Housing and Urban Development
December 20, 2021
$21,355
Housing and Urban Development
April 22, 2021
$19,718
HUD/BALANCE
June 1, 2019
$5,000
HUD/BALANCE
November 8, 2018
$15,500
NeighborWorks Project reinvest throu BALANCE
August 22, 2017
$4,350
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
July 25, 2016
$15,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
July 31, 2015
$7,500
National Federation of Community Development Credit Unions
August 1, 2013
$5,000
National Federation of Community Development Credit Unions
May 31, 2012
$29,279
National Federation of Community Development Credit Unions
November 10, 2011
$41,036

Data from https://mapping.ncua.gov/CreditUnionDetails/24167

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FAQ

What does a credit union have to offer?

Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.

What is a cooperative?

Cooperatives, in simplest terms, are institutions that belong to the people that use them.

Is my money safe?

Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).

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