Union Building Trades
Union Building Trades is a credit union based in Parsippany, New Jersey, established in 1973, with $84 million in total assets serving 24,437 members. By Trust Grade it ranks 74th of 127 credit unions we track in New Jersey. Its net worth ratio of 12.9% trails most similarly sized credit unions (40th percentile), 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 Union Building Trades appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Union Building Trades compares to New Jersey peers
How we graded Union Building Trades
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.9% capital ratio)
- Unprofitable over the period (ROA -0.23%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Union Building Trades over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Union Building Trades insured?
Yes. Union Building Trades 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.
Union Building Trades: frequently asked questions
Is Union Building Trades a good credit union?
Union Building Trades 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 (12.9% capital ratio); Unprofitable over the period (ROA -0.23%).
Is Union Building Trades NCUA-insured?
Yes. Union Building Trades 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 Union Building Trades?
Union Building Trades holds $84 million in total assets, ranking 74th of 127 credit unions we track in New Jersey. It serves 24,437 members.
Does Union Building Trades have CFPB complaints?
No CFPB complaints against Union Building Trades 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.
