Credit union · NCUA insured
IRCO Credit Union
A $94.6M credit union headquartered in Phillipsburg, NJ, with 6,246 members and 2 branches in 2 states. Best rates: CDs 2.35% and savings 0.08% APY.
IRCO Credit Union Carrot Score
62
Carrot Score
Higher than 5% of U.S. banks and credit unions
#34 of 39 in Allentown, PA-NJ metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About IRCO Credit Union
Formed on April 21, 1966, to serve Ingersoll Rand Company employees in Phillipsburg, New Jersey, IRCO Community Federal Credit Union is a member-owned, not-for-profit financial cooperative.
In 1986, it became a community credit union headquartered in Phillipsburg, New Jersey, and expanded its service area across the river to Northampton and Lehigh counties in Pennsylvania.
- Headquarters
- 450 Hillcrest Blvd, Phillipsburg, NJ 08865
- NCUA charter
- 17395
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Individuals who live, work, worship, attend school, conduct business, or volunteer in Phillipsburg, Alpha, or the Townships of Franklin, Greenwich, Harmony, Lopatcong, and Pohatcong, New Jersey, are eligible for membership.
- Individuals who live, work, worship, attend school, conduct business, or volunteer in Northampton and Lehigh Counties, Pennsylvania, are eligible for membership.
Family and household
- Membership can be expanded to immediate family members of members, including mother, father, son, daughter, sister, brother, etc.
Cost to join
- An initial deposit of $5.00 is required to open an account and establish membership.
Branches
2 branches in 2 states
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New Jersey
1 branch
- Main OfficeMain office450 Hillcrest Blvd, Phillipsburg, NJ 08865Directions
Pennsylvania
1 branch
- Easton Office2925 William Penn Hwy, Easton, PA 18045Directions
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 | 10.07% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.01% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.07% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $59 | $59 | — |
- CapitalNet worth ratio10.07%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.01%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.07%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$59Peers’ 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 IRCO Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.