Credit union · NCUA insured
Greater Alliance Federal Credit Union
Top CarrotA $251.3M credit union headquartered in Paramus, NJ, with 21,559 members and 3 branches in New Jersey. Best rates: CDs 4.25% and savings 0.35% APY.
Greater Alliance Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 89% of U.S. banks and credit unions
#15 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 Greater Alliance Federal Credit Union
Founded in 1937, Greater Alliance Federal Credit Union is headquartered in Paramus, New Jersey.
Originally Central Bergen Teachers' Federal Credit Union, it became Central Bergen Federal Credit Union in the 1980s before adopting its current name in 2005.
The member-owned credit union serves Bergen and Passaic Counties in New Jersey.
- Headquarters
- 40 W Century Rd, Paramus, NJ 07652-1454
- NCUA charter
- 2182
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, attends school, or regularly conducts business in Bergen and Passaic Counties.
Family and household
- Membership is open to immediate family members (spouse, parent, stepparent, child, stepchild, sibling, step-sibling, grandchild, grandparent, or great-grandparent).
Branches
3 branches in New Jersey
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New Jersey
3 branches
- Corporate OfficeMain office40 W Century Rd, Paramus, NJ 07652Directions
- Hackensack Branch100 Hudson St, Hackensack, NJ 07601Directions
- Paterson66 Hamilton St, Paterson, NJ 07505Directions
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 | 8.83% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.58% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.20% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $81 | $76 | — |
- CapitalNet worth ratio8.83%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.58%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.20%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$81Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Greater Alliance Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.