Jersey Central
Jersey Central is a credit union based in Cranford, New Jersey, established in 1937, with $24 million in total assets serving 4,031 members. By Trust Grade it ranks 71st of 127 credit unions we track in New Jersey. Its net worth ratio of 17.3% is stronger than 68% of similarly sized credit unions, versus a New Jersey median of 13.9%. It posted a loss over the most recent period (-0.23% return on assets), a point to watch. No consumer complaints against Jersey Central appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Jersey Central compares to New Jersey peers
How we graded Jersey Central
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (17.3% capital ratio)
- Unprofitable over the period (ROA -0.23%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Jersey Central over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Jersey Central insured?
Yes. Jersey Central is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Jersey Central: frequently asked questions
Is Jersey Central a good credit union?
Jersey Central earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Strongly capitalized (17.3% capital ratio); Unprofitable over the period (ROA -0.23%).
Is Jersey Central NCUA-insured?
Yes. Jersey Central is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Jersey Central?
Jersey Central holds $24 million in total assets, ranking 71st of 127 credit unions we track in New Jersey. It serves 4,031 members.
Does Jersey Central have CFPB complaints?
No CFPB complaints against Jersey Central appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
