Financial Resources Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_ratedstar_normal by Credit Guide
Review based on 12 criteria Rating: 4 out of 5

520 Route 22 East, 1st Floor, Bridgewater, NJ 08807

Website

(800) 933-3280

Data Source: NCUA, December 31, 2016


Financial Resources Federal Credit Union was founded in 1950. Headquartered in Bridgewater, New Jersey, Financial Resources Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Financial Resources Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Financial Resources Federal Credit Union services 21,465 members through its 13 offices and branches and 76 full-time and 8 part-time employees. It has $452,629,421 of total assets and $40,888,297 of net worth. Based on its asset size and net worth ratio, Financial Resources Federal Credit Union is classified as a Well Capitalized medium large credit union.

Financial Resources Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Financial Resources Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Financial Resources Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in New Jersey and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of New Jersey
Median of USA
Checking
0.0100
0.0000
0.0000
Savings
0.0200
0.1000
0.1200
Money Market
0.5700
0.2000
0.2500
Certificate Deplit
0.8800
0.5800
0.5800
IRA
0.6000
0.5500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of New Jersey
National Median Rates
Credit Cards
5.3000
10.0000
9.9900
Unsecured Line of Credits
10.7100
11.0000
10.9500
Short-term Small Amount
n/a
27.5400
25.0000
Student Loans
5.8800
6.0250
6.0200
New Car Loans
2.7200
4.0000
3.3300
Used Car Loans
3.6000
5.0000
4.5000
1st Mortgage Real Estates
3.4700
4.1300
4.2500
Other Real Estates
4.3400
4.5000
4.7000

Financial Resources Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Financial Resources Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
No

As a community financial institution, Financial Resources Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Financial Resources Fcu – C/o J&j Corporate
1 Johnson And Johnson Plz
New Brunswick, NJ 08901
Phone:732-524-2910

Financial Resources Fcu – C/o J&j Group Of Consumer Companies
199 Grandview Rd
Skillman, NJ 08558
Phone:908-874-1600

Financial Resources Fcu – Flemington Branch
67 Church St
Flemington, NJ 08822
Phone:908-284-2700

Financial Resources Fcu – Jersey City Branch
525 Washington Blvd Suite I
Jersey City, NJ 07310
Phone:201-793-7714

Financial Resources Fcu – New York Branch
55 Water St
New York, NY 10041
Phone:646-447-5755

Financial Resources Fcu -c/o Ortho Clinical Diagnostics
1001 Us Highway 202
Raritan, NJ 08869
Phone:908-704-3949

Financial Resources Fcu- Green Brook Branch
263 Route 22
Green Brook, NJ 08812
Phone:732-424-3971

Financial Resources Fcu-administration Branch
Main Office

520 Us Highway 22 Ste 1
Bridgewater, NJ 08807
Phone:08807

Financial Resources Fcu-c/o Janssen Pharmaceutica
1125 Bear Tavern Rd
Titusville, NJ 08560
Phone:609-730-2295

Financial Resources Fcu-c/o Janssen Pharmaceutical Cos. Of J&j
1000 Us Highway 202
Raritan, NJ 08869
Phone:908-218-7661

Financial Resources Fcu-easton Ave Branch
780 Easton Ave
Somerset, NJ 08873
Phone:732-729-4680

Financial Resources Fcu-hillsborough Branch
1 New Amwell Rd
Hillsborough, NJ 08844
Phone:908-281-7075

(908) 253-6409

No Review

  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

Related Listings