HEARD A.M.E. Credit Union Profile

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HEARD A.M.E.

Charter #23615 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (908) 241-5588

Fax: (908) 241-8868

Founding Date: N/A

Personnel & Operations

President: Hopson, Bridgette

Manager: Maynor, Evelyn

FT Employees: 0

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 01

Branches: 1

Hours: 9:30 A.M. - 2:00 P.M.

Credit Union Profile Summary

HEARD A.M.E. is a FCU Credit Union. With a total of 190 members [1], this institution manages approximately $196,093 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 5.5% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 281.47% [1].

Financial Snapshot

Total Assets [1]
$196,093

Total economic resources.

Total Loans [1]
$49,667

Total value of outstanding loans.

Total Deposits [1]
$184,474

Total funds deposited by members.

Members [1]
190

Number of active members.

Performance Ratios

Net Worth Ratio [1]
5.5%

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]
0.56%

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

Loan-to-Share Ratio [1]
26.92%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.32%

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

Loan Growth (4Q) [1]
281.47%

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

Member Growth (4Q) [1]
11.76%

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

Headquarters Location & Map

Headquarters Address

310 E 8TH AVE

ROSELLE, NJ, 07203

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by HEARD A.M.E. (Charter #23615).

Main Office

Heard A M E Church Main Office

Type: Corporate Office

310 E 8th Ave

Roselle, NJ 07203

Phone: (908) 241-5588

Services: Member Services

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