ESSEX COUNTY TEACHERS Credit Union Profile

Showing details for ESSEX COUNTY TEACHERS Credit Union.

Home > NJ > ESSEX COUNTY TEACHERS

ESSEX COUNTY TEACHERS

Charter #1131 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (973) 748-8847

Fax: (973) 748-8846

Founding Date: N/A

Website: http://www.ectcu.org

Personnel & Operations

President: King, Kenneth

Manager: Steeves, Robert

FT Employees: 8

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 34

Branches: 2

Hours: MONDAY THROUGH FRIDAY 9 AM TO 5 PM.

Credit Union Profile Summary

ESSEX COUNTY TEACHERS is a FCU Credit Union. With a total of 3,692 members [1], this institution manages approximately $23,278,141 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.15% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -14.95% [1].

Financial Snapshot

Total Assets [1]
$23,278,141

Total economic resources.

Total Loans [1]
$7,594,860

Total value of outstanding loans.

Total Deposits [1]
$20,644,155

Total funds deposited by members.

Members [1]
3,692

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.15%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.19%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
36.79%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -0.25%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -14.95%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -6.15%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

125 FRANKLIN ST

BLOOMFIELD, NJ, 07003-5730
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 2 branches reported by ESSEX COUNTY TEACHERS (Charter #1131).

Main Office

ECTFCU Main Office

Type: Corporate Office

125 Franklin St

Bloomfield, NJ 07003-5730

Phone: (973) 748-8847

Services: Member Services

Open in Directions

Additional Branches

Newark

Newark Office

Type: Branch Office

465 Martin Luther King Jr Blvd

Rm 221

Newark, NJ 07102

Phone: (973) 643-4738

Services: Member Services

Open in Directions