Credit Union News

NJCUL President/CEO David Frankil and CUNJ President/CEO Andy Jaeger Talk CU Growth Opportunities Through Small Business Lending in ROI-NJ Article

“In the face of costly compliance that financial institutions must deal with in a post-recession regulatory climate, as well as competition from large banking institutions,” local credit unions are looking to help small businesses that banks are shutting out, a recent article in the new ROI-NJ magazine points out. In the article, New Jersey Credit Union League President/CEO David Frankil and Credit Union of New Jersey President/CEO and NJCUL Chairman Andy Jaeger discuss untapped growth opportunities in serving the cannabis industry.

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Members 1st of NJ, Bay Atlantic and Thunderbolt Area FCU Brings the Reality Fair Program Back to Bridgeton High School, Helping More Than 150 Students Reach Their Financial Goals

BRIDGETON, N.J. – Spring is in the air and with the harsh winter hopefully behind us, the Reality Fair Program has been underway with more than 10 Fairs happening this season. Last Friday, over 150 students gathered at Bridgeton High School, taking part and being advised in the school’s financial Reality Fair.

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Bay Atlantic FCU Helps Feed the Hungry with Vineland Rotary Club Hunger Project

VINELAND, N.J. – The Vineland Rotary Club held its second annual Hunger Project on April 14, 2018, assembling meal packets to feed 20,000 people in the Vineland community. Gail Marino, President/CEO of Bay Atlantic FCU (BAFCU) co-chaired the project along with BAFCU Board Secretary Bonnie Laube.

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Ocean County College First-Year Students Get Financial Guidance Through Reality Fair Program

TOMS RIVER, N.J. – The New Jersey Credit Union Financial Reality Fair program visited students and faculty at Ocean County College yesterday, counseling 100 students on financial literacy. Volunteers from Credit Union of New Jersey, Healthcare Employees FCU, Jersey Shore FCU, Members 1st of NJ FCU, the New Jersey Credit Union League, Novartis FCU, Symbionce, and United Teletech Financial FCU manned the lifestyle booths and provided financial counseling.

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Rutgers FCU Brings Reality Fair to University's 'Life After Rutgers' Event

NEW BRUNSWICK, N.J. – Rutgers Federal Credit Union hosted its third Reality Fair at Rutgers University on the college’s Busch Campus on Friday. The Reality Fair was held in conjunction with a special event titled "Life After Rutgers", which included networking, resume assistance, headshots, and professional wardrobe assistance from Macy's. 

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Cyber Security Discussed at North-Central Chapter Meeting

RAHWAY, N.J. - Credit union staff and volunteers gathered on Thursday for a nice meal and networking at Luciano’s Restaurant in Rahway, N.J. for a North-Central Chapter meeting.

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Join 1st Bergen for its 9th Annual Meeting on April 23rd!

1st Bergen Federal Credit Union is hosting its 9th Annual Meeting on Monday, April 23rd at the Hackensack Performing Arts Center from 6 p.m. to 9 p.m. The meeting will be joined by special guest speaker and former Secretary of State of New Jersey Reverend Dr. De Forest Blake “Buster” Soaries, Jr. of First Baptist Church of Lincoln Gardens.

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Game On! NJ CU Foundation’s 8th Annual Casino Night Fundraiser Was a Sure Bet!

ISELIN, N.J. – The 8th Annual New Jersey Credit Union Foundation Casino Night fundraiser on March 22nd brought together credit union industry leaders, volunteers, and friends from around the state for a Texas Hold ‘Em Tournament and casino table games, all for a great cause! The final numbers aren’t yet available, but it looks like the 8th Annual Casino Night was a success for the New Jersey Credit Union Foundation.

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Deepwater Industries FCU Holding Valentine's Day Basket Drawing for CHOP

DEEPWATER, N.J. – Having exceeded its two previous fundraising goals, Deepwater Industries FCU is holding a Valentine's Day Basket drawing to benefit Children’s Hospital of Philadelphia (CHOP) and has shared a new video that highlights its partnership with the Children’s Miracle Network.

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Visions FCU Names Tim Strong Community Development Manager

ENDICOTT, N.Y. –  Tim Strong of Visions Federal Credit Union was recently promoted to Community Development Manager, a new role designed to ensure that Visions continues to devote time and resources into strengthening the communities in which they are located.

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Jersey Shore Federal Credit Union Raises $500 for K9 Warriors Inc. of Galloway, N.J.

On Thursday, January 25th, Jersey Shore Federal Credit Union’s Social Action Committee presented a check for $500 to Gabriel Ruiz, Founder and CEO of K9 Warriors Inc. to help with the cost of training K9s for combat veterans in the area. All credit union employees wear jeans on Fridays and that money funded this donation.

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CUNJ’s Jaime Gangone Receives SNJBP’s 40 Under 40 Award

EWING, N.J. — Credit Union of New Jersey’s (CUNJ) Jaime Gangone has been recognized as one of South New Jersey Business People’s (SNJBP) Top 40 Under 40. The award is given to the top 40 individuals under 40 years old who have contributed and demonstrated exceptional service within the South Jersey business community.

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Say Hello to New Jersey’s 2018 Crasher!

HIGHTSTOWN N.J. – The New Jersey Credit Union League is pleased to announce that Allison Macey, Business Development Manager at Garden Savings Federal Credit Union, has been selected to attend Crash the GAC 2018 by The Cooperative Trust and Credit Union National Association (CUNA)!

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12 CU Professionals Receive Free HR Management Training at Greater Alliance FCU Through Final Round Of League’s Rutgers Training Grant

HIGHTSTOWN, N.J. – Credit union professionals gathered at Greater Alliance FCU this week for free HR management development training. This two-day “Supervisory Symposium” training is available to NJCUL member credit unions through a partnership with Rutgers University, underwritten by an $89,000 educational grant from the State of New Jersey secured by the League earlier this year.

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South-Central Chapter Holds Holiday Gathering; Collects Toys for Tots

MT. LAUREL, N.J. – The South-Central Chapter gathered at Carlucci’s Waterfront Restaurant in Mt. Laurel for its annual holiday gathering. Meeting attendees were encouraged to bring unwrapped gifts to be donated to Toys for Tots.

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Liberty Savings FCU Partners with Resilient JC for Disaster Recovery Planning

JERSEY CITY, N.J. – In the wake of such recent natural disasters as Hurricanes Harvey, Irma, Jose, and Maria and the terrorist events of recent years, recovery planning and resilience for cities is becoming an even more vital topic for community discussion. Liberty Savings Federal Credit Union, under the guidance of its newly-appointed CEO, Maria Solorzano, recognized this and seized the opportunity to partner with Resilient JC in their endeavors for Jersey City in Hudson County.

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Atlantic Federal Credit Union Collecting Coat Donations for Winter Coat Drive

With winter fast approaching, Atlantic Federal Credit Union reminds everyone to help out members in the community who are in need this holiday season. Atlantic FCU is kicking off their Annual Winter Coat Drive by collecting new or gently used coats to donate to those in need.

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In Memoriam: Former Campbell EFCU President/CEO and NJCUL Board Member Martin Banecker Passes, Services to be Held Saturday

MEDFORD, N.J. – Martin J. Banecker, a prominent figure of the credit union industry and movement and dedicated family man, passed away on Friday, November 10, 2017, at the age of 66, surrounded by his loving family. Banecker was the former President/CEO of Campbell Employees Federal Credit Union for 25 years and served on the NJCUL Board as well as the Federal Reserve Bank of Philadelphia Advisory Council.

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Jersey Shore FCU Raises $700 in Candy Bar Sales for the Marianne DiNofrio Pancreatic Cancer Research Foundation

NORTHFIELD N.J. – On Thursday, October 26th, Jersey Shore Federal Credit Union’s Social Action Committee presented a check for $700 to Mr. John DiNofrio, President of the Marianne DiNofrio Pancreatic Cancer Research Foundation in memory of Credit Union Pioneer Marianne DiNofrio, to help raise awareness and funding for pancreatic cancer research. All five of the credit union’s branches sold candy bars for $1.00 each.

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South-Central Chapter Donates to CUAid Disaster Relief

The South-Central Chapter of Credit Unions made a donation of $200 to the National Credit Union Foundation’s (Foundation) CUAid disaster relief fund to help credit union people affected by Hurricanes Harvey, Irma, and Maria, and those affected by the wildlife in California.

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South Jersey Federal Credit Union partners with Ryan Howard and Krystle Howard for Book Signing

DEPTFORD TOWNSHIP, N.J. — South Jersey Federal Credit Union (SJFCU) is hosting two book signings featuring the Little Rhino Book Series authors Ryan Howard, former Phillies first baseman and World Series Champion, and Krystle Howard on Saturday, November 11th to promote good sportsmanship and the importance of literacy and education.

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Greater Alliance FCU Celebrating 80 Years of Service

PARAMUS, N.J. – Founded 80 years ago by five educators from Hackensack, Greater Alliance FCU is celebrating its 80th anniversary of serving its community.

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Bay Atlantic FCU Receives Salvation Army’s Caring Hearts Award and Certificate of Achievement from Vineland Mayor’s Office

VINELAND, N.J. – Bay Atlantic FCU recently received the Salvation Army’s Caring Hearts Award and Certificate of Achievement from Vineland Mayor’s Office in recognition of its generosity and dedication to the Salvation Army. The credit union recently dropped off cash donations to the Salvation Army for disaster relief efforts in Puerto Rico.

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Polish & Slavic Federal Credit Union Celebrates Polish Heritage Month Throughout October

BROOKLYN, N.Y. – The annual Gen. Pulaski Day Parade along Manhattan’s Fifth Avenue on October 1 serves to kick-off National Polish Heritage Month every October. This year, the 80th edition of the colorful and culturally-rich parade was sponsored by the Polish & Slavic Federal Credit Union (PSFCU) for the 30th consecutive year.

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1st Bergen FCU Celebrating National Hispanic Heritage Month Celebration on October 5th

HACKENSACK, N.J. -- 1st Bergen Federal Credit Union will host a National Hispanic Heritage Month celebration at Atlantic Street Park in Hackensack, N.J. on October 5th, 2017, from 4 p.m. to 6 p.m. The credit union will share its commitment to serve and empower members of the Hispanic community, and will bring local neighborhoods and the credit union community together. The event will include special guests, music and dancing and refreshments as well as special promotions, including low interest loans, savings accounts, and checking accounts.

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South Jersey FCU employees make donation to Hurricane Harvey victims

DEPTFORD TOWNSHIP, N.J. — South Jersey Federal Credit Union (SJFCU) employees collected $1,500.00, which was used to purchase 200 cases of water, non-perishable foods, cleaning supplies and baby products for the victims of Hurricane Harvey.

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South Jersey FCU Makes Donation to Alzheimer’s Association

DEPTFORD, N.J. – South Jersey Federal Credit Union employees presented a $2,000 check to Effie Murphy, program coordinator for the Alzheimer’s Association. The donation was made on behalf of the employees’ “Charitable Journey” program and will be used for Alzheimer’s research and services in the Delaware Valley.

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Credit Union of New Jersey Foundation Awards $5,000 in Scholarship Funds

EWING, N.J. – Credit Union of New Jersey Foundation’s College Scholarship Program is offered annually to members as well as residents in Burlington and Mercer Counties who are getting ready to begin their college career. The Foundation recently awarded two, $2,500 scholarships. The recipients are Suzanne Saleh from Hamilton High School West and Kylie Amison from Steinert High School.

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South Jersey FCU Offering Specials for Total Solar Eclipse

DEPTFORD TOWNSHIP, N.J. — South Jersey Federal Credit Union (SJFCU) is offering a total eclipse of its rates from 1:21 pm – 4:01 pm on August 21st, to celebrate the Total Solar Eclipse.

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NJ DNA Get Technical

The NJ DNA Group took a bold step at yesterday’s dinner meeting held live at two locations:  NJCUL Headquarters in Hightstown, NJ and at 1st Bergen FCU  in Hackensack, NJ.

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‘Credit Unions For A Cure’ Team will Make Strides Against Breast Cancer

Five Southern New Jersey credit unions—Bay Atlantic Federal Credit Union, Campbell Employees Federal Credit Union, Jersey Shore Federal Credit Union, Members 1st of NJ Federal Credit Union, and Thunderbolt Area Federal Credit Union—have formed a team, named “Credit Unions For A Cure”, for a Making Strides Against Breast Cancer Event in Ocean City, N.J. taking place October 15th. N.J. credit unions are invited to support and participate! For more information, click here.

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South Jersey FCU Employees donate to the Alzheimer’s Association

DEPTFORD TOWNSHIP, N.J. — On August 2, 2017, South Jersey Federal Credit Union (SJFCU) employees presented a check in the amount of $2,000 to Effie Murphy, Program Coordinator from the Alzheimer’s Association. The donation was made on behalf of the SJFCU employees’ “Charitable Journey” program and will be used for Alzheimer’s research and services in the Delaware Valley.

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Bay Atlantic FCU Helps Homeless Man Move In to New Home

MILLVILLE, N.J. – Members of the Bay Atlantic FCU staff helped a local man, who has been homeless for over three years, move into a new home through the Bridgton, N.J.-based M25 Initiative.

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MidState FCU Participates in Local National Night Out

MidState FCU was among the thousands of organizations that gathered with their local communities Tuesday for this year’s National Night Out, an annual community-building campaign that promotes police-community partnerships and neighborhood camaraderie to make our neighborhoods safer, more caring places to live.

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In Memoriam: Edward J. Sisk of Elizabeth N.J. Firemen’s FCU Passes, Services to Be Held Sunday

ELIZABETH N.J. – Edward "Eddie" Joseph Sisk, a patriarch of Elizabeth's fire department family as second-generation fire chief, leading figure in Roselle Catholic and Irish-American circles and youth sports coach, passed away at the age of 60 on Wednesday, July 26, 2017, surrounded by his loving family. Sisk also served as Board Chair of Elizabeth N.J. Firemen’s FCU.

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XCEL FCU Board Elects New Leadership; Phyllis H. Ford to Serve as CU’s First Chairwoman

BLOOMFIELD, N.J. – The Board of Directors of XCEL Federal Credit Union has announced a change in leadership. At XCEL’s annual meeting held in June, the Board of Directors elected Phyllis H. Ford as the new Chairwoman. Ms. Ford has served on the Board since 2008 and was previously Vice Chair. Elevated to the Vice Chair vacancy will be Suzanne Taylor.

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Atlantic FCU Supports the Community FoodBank of New Jersey

KENILWORTH, N.J. – Recently, Atlantic FCU held its 82nd Annual Meeting. In past years, the credit union raffled off gift cards and provided door prizes to attendees. However, this year it opted for something more charitable, donating $1,500 to The Community FoodBank of New Jersey.

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Memorial Scheduled for Long-Time New Jersey Credit Union Professional Nancy Miller

A memorial service has been set for Nancy Miller, a fixture in the New Jersey credit union community for 40 years, who passed away on June 13th. The memorial service will be held on Saturday, July 1st from 1 p.m. to 4 p.m. at Anderson & Campbell Funeral Home located at 703 Main Street in Toms River, N.J.

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Atlantic FCU Hosts Movie Night with ‘The Hunters’

Recently, Atlantic FCU hung out with Wendy Williams and some of her amazing friends for the opening weekend of Wonder Woman. We sponsored the "Movie Night with the Hunters” fundraiser, which will help send 40 young girls from Essex County to YMCA Camp Mason this summer.

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Polish & Slavic FCU Awards $400,000 in Scholarships to 339 Talented Young Members

BROOKLYN, N.Y. – June may signal the end of the school year for most, but nearly 340 high school and college students are already looking forward to the upcoming fall semester, as the nation’s largest ethnic credit union, Polish & Slavic FCU (PSFCU), awarded $400,000 in academic scholarships at ceremonies held last week at its offices in New Jersey, Illinois, and Brooklyn.

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Campbell EFCU Celebrates its 80th Anniversary

CHERRY HILL, N.J. – Campbell Employees Federal Credit Union recently celebrated its 80th Anniversary at its Annual Business Meeting with 100 members in attendance.

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Long-Time New Jersey Credit Union Professional Nancy Miller Passes

Nancy Miller, a fixture in the New Jersey credit union community for 40 years, recently passed away. Miller worked at and volunteered for over a half a dozen credit unions and was active in the League’s Mid-state chapter. Details on arrangements are not yet available, but will be provided by the League once they are published.

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Bay Atlantic FCU and Local Rotary Club’s Hunger Project Helps Feed Local Families

More than 20,000 Local Families to Benefit from Meals Prepared

VINELAND, N.J. – Over 100 volunteers, including those from Bay Atlantic FCU, packed more than 100,000 meals on Sunday, June 11th, for distribution through food pantries to local families at the Rotary Club of Vineland’s Hunger Project held at the Vineland Salvation Army Building.

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Jersey Shore FCU Chairman John C. DiNofrio Retires After 53 Years of Credit Union Service

NORTHFIELD, N.J. – On April 1 of this year, the Chairman of the Board John C. DiNofrio officially retired from Jersey Shore Federal Credit Union (JSFCU). Later that month, he was honored at a testimonial dinner that celebrated his more than 53 years of service to the credit union movement. All of those 53 years were directly or indirectly tied to JSFCU.

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Atlantic Federal to Sponsor Wendy Williams’ Hunter Foundation Fundraiser

WEST ORANGE, N.J. – Atlantic Federal Credit Union is sponsoring “Movie Night with the Hunters” coming to the AMC Dine-in Theater Essex Green Shopping Center Saturday, June 3, 2017. The event will take place from 4 p.m. to 7 p.m. and the feature film is Wonder Woman (movie subject to change).

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Three Southern Credit Unions Collaborate for Fifth Reality Fair this Year

VINELAND, N.J. – Bay Atlantic FCU, Members 1st of NJ FCU, and Thunderbolt Area FCU teamed up once again to bring the hands-on financial literacy experience to students at The Wallace School in Vineland. This is the fifth Reality Fair the three collaborated on this school and the fifth Reality fair held at the middle school.

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Operation Pork Roll: Garden Savings Launches Quirky New Branding Campaign

PARSIPPANY, N.J. – Garden Savings Federal Credit Union, headquartered in Parsippany, New Jersey with branches in Dover, Newark and Maplewood, recently launched a quirky new branding campaign throughout Morris and Essex Counties in New Jersey.  The campaign, designed to increase overall brand awareness while casually marketing other products indirectly, strikes a chord that resounds to many New Jerseyans … food!  With ads ranging from pork roll, to late night diner stops, disco fries and Jersey tomatoes, Garden Savings opted for a look that was very different than many banking ads.

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CPA David Schad to Serve on Bay Atlantic FCU Board

VINELAND – David Schad, Principle and Certified Public Accountant with Schad and Schad CPAs, was recently appointed to serve on the Board of Directors of the Bay Atlantic Federal Credit Union. 

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1st Bergen FCU Hosting Annual Meeting on May 31st

HACKENSACK, N.J. – 1st Bergen FCU is encouraging members to “make you money bloom” at the credit union’s annual meeting on May 31st at its branch location at 93-95 Main Street in Hackensack. 

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Bay Atlantic FCU Celebrates 77th Annual Meeting

VINELAND N.J. – Bay Atlantic FCU celebrated its 77th Annual meeting on May 10th. Guests, staff and volunteers enjoyed a delicious buffet and fellowship and welcomed a new Board member.

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Princeton FCU Breaks Ground on New Branch

PRINCETON, N.J. – Princeton FCU announced the start of construction of a new state-of-the-art branch located at 774 Alexander Road in Princeton, N.J. 

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