Credit union · NCUA insured
Essex County Teachers FCU
A $21.8M credit union headquartered in Bloomfield, NJ, with 3,542 members and 2 branches in New Jersey. Best rates: CDs 3.25% and savings 2.25% APY.
Essex County Teachers FCU Carrot Score
76
Carrot Score
Higher than 42% of U.S. banks and credit unions
#88 of 161 in New York, NY-NJ metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Essex County Teachers FCU
Founded nearly a century ago by employees of the Bloomfield Board of Education, Essex County Teachers Federal Credit Union is a member-owned not-for-profit financial cooperative.
Headquartered in Bloomfield, New Jersey, the credit union serves educators, public employees, retirees, and their families throughout Essex County.
- Headquarters
- 125 Franklin St, Bloomfield, NJ 07003-5730
- NCUA charter
- 1131
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Excalibur Abstract Company are eligible for membership.
- Employees of Montclair Police FOP are eligible for membership.
Military, government and schools
- Employees of most Boards of Education in Essex County are eligible for membership.
- Employees of the County of Essex are eligible for membership.
- Employees of the New Jersey court system who work in Essex County are eligible for membership.
Family and household
- Household and immediate family members of eligible individuals are eligible for membership.
1 more way to join
Other ways
- Retirees from any of the eligible employee groups are eligible for membership.
Branches
2 branches in New Jersey
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New Jersey
2 branches
- EctfcuMain office125 Franklin St, Bloomfield, NJ 07003Directions
- Newark Office465 Martin Luther King Jr Blvd, Rm 221, Newark, NJ 07102Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 7.97% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.19% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.25% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $31 | $59 | — |
- CapitalNet worth ratio7.97%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.19%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.25%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$31Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Essex County Teachers FCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.