First Point
First Point is a credit union based in Hamilton, New Jersey, established in 1955, with $25 million in total assets serving 1,186 members. By Trust Grade it ranks 127th of 127 credit unions we track in New Jersey. Its net worth ratio of 7.3% trails most similarly sized credit unions (3th percentile), versus a New Jersey median of 13.9%. It posted a loss over the most recent period (-0.48% return on assets), a point to watch. No consumer complaints against First Point appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Point compares to New Jersey peers
How we graded First Point
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.3% capital ratio)
- Unprofitable over the period (ROA -0.48%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Point over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Point insured?
Yes. First Point 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.
First Point: frequently asked questions
Is First Point a good credit union?
First Point earns a Bankzia Trust Grade of D (69/100, "Below average"), based on a financial-strength score of 69/100 (it has no CFPB complaints on record). Well-capitalized (7.3% capital ratio); Unprofitable over the period (ROA -0.48%).
Is First Point NCUA-insured?
Yes. First Point 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 First Point?
First Point holds $25 million in total assets, ranking 127th of 127 credit unions we track in New Jersey. It serves 1,186 members.
Does First Point have CFPB complaints?
No CFPB complaints against First Point 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.
