GARDEN SAVINGS Credit Union Profile

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GARDEN SAVINGS

Charter #18710 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (973) 576-2000

Fax: (973) 402-0736

Founding Date: N/A

Website: https://www.Gardensavingsfcu.org

Personnel & Operations

President: Mercer, Paul

Manager: Powers, Michael

FT Employees: 83

PT Employees: 5

Designations & Ratios

MDI Status: No

RBC Ratio: 11.3%

Membership Type: 53

Branches: 6

Hours: 9AM - 4:30PM

Credit Union Profile Summary

GARDEN SAVINGS is a FCU Credit Union. With a total of 31,943 members [1], this institution manages approximately $508,385,288 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.95% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 14.88% [1].

Financial Snapshot

Total Assets [1]
$508,385,288

Total economic resources.

Total Loans [1]
$360,211,443

Total value of outstanding loans.

Total Deposits [1]
$444,603,267

Total funds deposited by members.

Members [1]
31,943

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.95%

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]
-0.57%

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

Loan-to-Share Ratio [1]
81.02%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
16.46%

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

Loan Growth (4Q) [1]
14.88%

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

Member Growth (4Q) [1]
28.19%

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

Headquarters Location & Map

Headquarters Address

129 LITTLETON RD

PARSIPPANY, NJ, 07054-1869

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 4 branches reported by GARDEN SAVINGS (Charter #18710).

Main Office

Main Main Office

Type: Corporate Office

129 Littleton Rd

Parsippany, NJ 07054-1869

Phone: (973) 576-2000

Services: Member Services, ATM

Open in Directions

Additional Branches

Dover

Dover Branch

Type: Branch Office

23 Prospect St

Dover, NJ 07801

Phone: (973) 361-3770

Services: Member Services, ATM

Open in Directions

Newark

Regular Branch

Type: Branch Office

120 Ferry St

Newark, NJ 07105

Phone: (973) 576-2072

Services: Member Services, ATM

Open in Directions

South Orange

South Orange Branch

Type: Branch Office

15 Scotland Rd

South Orange, NJ 07079

Phone: (973) 761-7090

Services: Member Services, ATM

Open in Directions