Abco Federal Credit Union

  • +1

A short history of Abco FCU

Since its inception in 1958 the Abco Federal Credit Union has been serving its members in the RANCOCAS, New Jersey area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Milton Hershberger, the Abco FCU has grown its membership to over 35,354 with assets of more than $222,885,031. They have a main office and 9 branch offices. Please see the credit unions website or contact them by phone at (800) 225-1859 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in RANCOCAS, NJ.

General Information For Abco FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 12679
Address P.O. BOX 247 
State New Jersey 
Zip-Code 08073
Phone Number (800) 225-1859
Fax Number (609) 871-9083
Email Address: none
CEO/President Milton Hershberger
Members 35,354 
Full-Time Employees 77 
Part-Time Employees
Number of Branch Offices
Total Assets 222,885,031 

Compare Abco Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Health Care Of New Jersey CU Southern Ocean Medical Center 1140 Route 72 W 08050 (609) 597-6011 No 3.93
Acume CU Main Office 144 W Route 38 08057 (856) 235-2077 No 4.14
Camden Firemen's CU camden firemen's credit union 144 W Route 38 08057 (856) 235-2077 No 5.38
Garden State CU MAIN OFFICE 144 W ROUTE 38 08057 (856) 235-2077 No 5.38
Dow Bucks County CU Dow Bucks County Federal Credit Union 310 George Patterson Dr 19007 (215) 781-4040 No 6.02

Abco Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Abco Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.30 3.06 3.87 4.63 4.28
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 183 152 187 224 136
Rank Among All New Jersey Credit Unions 18 23 26 35 20

Abco Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.19 0.72 1.01
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 119 221 156
Rank Among All New Jersey Credit Unions N/A 34 15 31 14
Abco Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.3005,18113,458,875
All Other Unsecured Loans/Lines of Credit 12.5803,2787,678,517
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.5901,0161,029,993
New Vehicle Loans 3.0605287,552,332
Used Vehicle Loans 3.8701,65318,194,180
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.63018029,874,761
Total Other Real Estate Loans/Lines of Credit 4.2801,05135,299,186
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.630652,272,135
TOTAL LOANS & LEASES 12,952115,359,979

Abco Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 669,718,17800
    b. 15 Years or less 8811,434,88700
    a. > 15 years 136,295,85600
    b. 15 Years or less 4495,81400
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 5674,89300
Adjustable Rate > 1 yr 41,255,13300


Closed-End Fixed Rate 63819,791,043873,585,066
Closed-End Adjustable Rate 81,001,45500
Open-End Adjustable Rate 40514,506,688322,930,300
Open-End Fixed Rate 0000
TOTALS 1,23165,173,9471196,515,366


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 4200,7000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Abco Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes