Newark Police
Newark Police is a credit union based in Newark, New Jersey, established in 1941, with $5 million in total assets serving 1,164 members. By Trust Grade it ranks 67th of 127 credit unions we track in New Jersey. Its net worth ratio of 33.6% is stronger than 96% of similarly sized credit unions, versus a New Jersey median of 13.9%. It posted a loss over the most recent period (-0.12% return on assets), a point to watch. No consumer complaints against Newark Police appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Newark Police compares to New Jersey peers
How we graded Newark Police
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (33.6% capital ratio)
- Unprofitable over the period (ROA -0.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Newark Police over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Newark Police insured?
Yes. Newark Police 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.
Newark Police: frequently asked questions
Is Newark Police a good credit union?
Newark Police earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (33.6% capital ratio); Unprofitable over the period (ROA -0.12%).
Is Newark Police NCUA-insured?
Yes. Newark Police 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 Newark Police?
Newark Police holds $5 million in total assets, ranking 67th of 127 credit unions we track in New Jersey. It serves 1,164 members.
Does Newark Police have CFPB complaints?
No CFPB complaints against Newark Police 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.
