OCNAC #1 Credit Union Profile

Showing details for OCNAC #1 Credit Union.

Home > NJ > OCNAC #1

OCNAC #1

Charter #5987 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (201) 420-1026

Fax: (201) 420-6281

Founding Date: N/A

Website: http://ocnac.com

Personnel & Operations

President: antonicello, nicholas

Manager: Gamba, Ivette

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 49

Branches: 1

Hours: m-f 9:00-3:30

Credit Union Profile Summary

OCNAC #1 is a FCU Credit Union. With a total of 2,178 members [1], this institution manages approximately $6,973,453 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.35% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.31% [1].

Financial Snapshot

Total Assets [1]
$6,973,453

Total economic resources.

Total Loans [1]
$1,741,152

Total value of outstanding loans.

Total Deposits [1]
$6,075,272

Total funds deposited by members.

Members [1]
2,178

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.35%

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]
0.84%

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

Loan-to-Share Ratio [1]
28.66%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
1.36%

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

Loan Growth (4Q) [1]
-5.31%

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

Member Growth (4Q) [1]
-5.47%

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

Headquarters Location & Map

Headquarters Address

1082 summit ave

jersey city, NJ, 07307

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 1 branches reported by OCNAC #1 (Charter #5987).

Main Office

1082 summit ave Main Office

Type: Corporate Office

1082 summit ave

Jersey City, NJ 07307

Phone: (201) 420-1026

Services: None specified

Open in Directions