Credit union · NCUA insured
Union Building Trades Federal Credit Union
A $84.2M credit union headquartered in Parsippany, NJ, with 24,437 members and 1 branch in New Jersey. Best rates: CDs 0.55% and savings 0.10% APY.
Union Building Trades Federal Credit Union Carrot Score
64
Carrot Score
Higher than 12% of U.S. banks and credit unions
#137 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 Union Building Trades Federal Credit Union
Union Building Trades Federal Credit Union is a member-owned, not-for-profit cooperative founded in July 1973 to serve a regional IBEW electrical union.
Serving the building trades of the Northeastern U.S., it supports building trades unions including electrical, plumbing, pipefitting, and carpenters.
- Headquarters
- 205 Cherry Hill Rd, Parsippany, NJ 07054
- NCUA charter
- 21244
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to members belonging to authorized participating union organizations and councils.
- Individuals who work in the building trades field whose home local is not affiliated directly with UBTFCU can join through CIF association.
Family and household
- Membership is open to individuals related through either blood or marriage / family members of members from the participating union locals.
Cost to join
- A minimum deposit / share balance of $5.00 is required to open and maintain an account.
Branches
1 branch in New Jersey
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New Jersey
1 branch
- Union Building Trades Federal Credit UnionMain office205 Cherry Hill Rd, Parsippany, NJ 07054Directions
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 | 12.78% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.84% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.22% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $61 | $59 | — |
- CapitalNet worth ratio12.78%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.84%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.22%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$61Peers’ 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 Union Building Trades 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.