Proponent
Proponent is a credit union based in Nutley, New Jersey, established in 1971, with $519 million in total assets serving 18,623 members. By Trust Grade it ranks 54th of 127 credit unions we track in New Jersey. Its net worth ratio of 14.0% is stronger than 81% of similarly sized credit unions, versus a New Jersey median of 13.9%. It was profitable over the most recent period, with a 0.12% return on assets. No consumer complaints against Proponent appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Proponent compares to New Jersey peers
How we graded Proponent
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.0% capital ratio)
- Profitable (ROA 0.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Proponent over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Proponent insured?
Yes. Proponent 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.
Proponent: frequently asked questions
Is Proponent a good credit union?
Proponent earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (14.0% capital ratio); Profitable (ROA 0.12%).
Is Proponent NCUA-insured?
Yes. Proponent 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 Proponent?
Proponent holds $519 million in total assets, ranking 54th of 127 credit unions we track in New Jersey. It serves 18,623 members.
Does Proponent have CFPB complaints?
No CFPB complaints against Proponent 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.
