Financial Resources Federal Credit Union

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A short history of Financial Resources FCU

Since its inception in 1950 the Financial Resources Federal Credit Union has been serving its members in the BRIDGEWATER, 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 Lena Matthews, the Financial Resources FCU has grown its membership to over 22,514 with assets of more than $469,220,115. They have a main office and 13 branch offices. Please see the credit unions website or contact them by phone at (800) 933-3280 or email them at FRFCU@FINRESC.ORG to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BRIDGEWATER, NJ.

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

Charter Number 6665
Address 520 ROUTE 22 EAST, 1ST FLOOR 
City BRIDGEWATER 
State New Jersey 
Zip-Code 08807
Phone Number (800) 933-3280
Fax Number (908) 253-6409
Email Address: FRFCU@FINRESC.ORG
CEO/President Lena Matthews
Members 22,514 
Full-Time Employees 85 
Part-Time Employees
Number of Branch Offices 13 
Total Assets 469,220,115 
Website http://WWW.MYFINANCIALRESOURCES.ORG 

Compare Financial Resources Federal Credit Union To Other Local Credit Unions


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Address
Zip Code
Phone Number
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Distance (Miles)
Manville Area CU main office 43 S Main St 08835 (908) 526-8844 No 3.76
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P S E CU Main 472 Weston Canal Rd 08873 (732) 764-3087 No 4.45
Public Service CU Middlesex 619 Union Ave 08846 (732) 805-9000 No 5.82
Vah Lyons Employees CU vah lyons employees fcu 151 knollcroft rd 07939 (908) 647-6952 No 5.98

Financial Resources Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Financial Resources 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 7.49 2.91 4.17 3.15 4.38
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 63 134 222 39 152
Rank Among All New Jersey Credit Unions 3 18 32 3 22

Financial Resources Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.02 0.02 0.59 0.87 0.60
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 135 151 49 195 211
Rank Among All New Jersey Credit Unions 10 38 4 26 24
Financial Resources Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.4903,3418,469,385
All Other Unsecured Loans/Lines of Credit 5.5603,58714,530,763
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.1109922,621,145
New Vehicle Loans 2.9105209,949,968
Used Vehicle Loans 4.1703,19252,087,032
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.150950210,828,129
Total Other Real Estate Loans/Lines of Credit 4.3801,18449,692,791
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.41025811,883,197
TOTAL LOANS & LEASES 14,024360,062,410

Financial Resources Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 22253,213,729246,940,350
    b. 15 Years or less 39758,432,754204,166,420
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 3428,06800
Adjustable Rate > 1 yr 32898,753,5786624,462,430

OTHER REAL ESTATE

Closed-End Fixed Rate 26314,231,360392,199,150
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 92135,461,4314368,455,963
Open-End Fixed Rate 0000
TOTALS 2,134260,520,92058546,224,313

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 2176,9810
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Financial Resources Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
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 No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes