1ST BERGEN Credit Union Profile

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1ST BERGEN

Charter #24810 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (201) 968-0202

Fax: (201) 968-0203

Founding Date: N/A

Website: http://www.1stbergen.com

Personnel & Operations

President: Jackson, Gregory

Manager: Moore, Robert

FT Employees: 5

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 3

Hours: M,T,W: 9AM-4PM EST TH, F: 9AM-6PM EST

Credit Union Profile Summary

1ST BERGEN is a FCU Credit Union. With a total of 1,643 members [1], this institution manages approximately $10,484,840 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 28.54% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.69% [1].

Financial Snapshot

Total Assets [1]
$10,484,840

Total economic resources.

Total Loans [1]
$5,871,921

Total value of outstanding loans.

Total Deposits [1]
$6,352,290

Total funds deposited by members.

Members [1]
1,643

Number of active members.

Performance Ratios

Net Worth Ratio [1]
28.54%

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]
1.24%

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

Loan-to-Share Ratio [1]
92.44%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -3.15%

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

Loan Growth (4Q) [1]
↓ -3.69%

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

Member Growth (4Q) [1]
↓ -4.31%

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

Headquarters Location & Map

Headquarters Address

392 Main St

Hackensack, NJ, 07601-5805
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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 3 branches reported by 1ST BERGEN (Charter #24810).

Main Office

Corporate Main Office

Type: Corporate Office

392 Main St

Hackensack, NJ 07601-5805

Phone: (201) 968-0202

Services: Member Services, ATM

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Additional Branches

Hackensack

Main Branch/Office

Type: Branch Office

392 Main St

Hackensack, NJ 07601-5805

Phone: (201) 968-0202

Services: Member Services, ATM

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Toms River

Ocean County

Type: Branch Office

40 Washington St

Toms River, NJ 08753-7669

Phone: (201) 968-0202

Services: Member Services, ATM

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