Garden Savings Federal Credit Union

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A short history of Garden Savings FCU

Since its inception in 1968 the Garden Savings Federal Credit Union has been serving its members in the PARSIPPANY, 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 Louis Vetere, the Garden Savings FCU has grown its membership to over 27,537 with assets of more than $358,863,448. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (973) 576-2000 or email them at memberservices@gardensavingsfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in PARSIPPANY, NJ.

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

Charter Number 18710
Address 129 LITTLETON ROAD 
City PARSIPPANY 
State New Jersey 
Zip-Code 07054
Phone Number (973) 576-2000
Fax Number (973) 402-0736
Email Address: memberservices@gardensavingsfcu.com
CEO/President Louis Vetere
Members 27,537 
Full-Time Employees 70 
Part-Time Employees
Number of Branch Offices
Total Assets 358,863,448 
Website http://Gardensavingsfcu.org 

Compare Garden Savings Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Union Building Trades CU Union Building Trades Federal Credit Union 205 Cherry Hill Rd 07054 (973) 263-0001 No 2.11
Novartis CU Building 315 1 Health Plz Bldg 315 07936 (862) 778-9955 No 3.55
Fairleigh Dickinson Universty CU Madison Main Office 12 Main St Ste 4 07940 (973) 301-0931 No 5.86
Picatinny CU Rockaway Office 100 Mineral Springs RD 07801 (973) 361-5225 No 8.22
North Jersey CU Totowa Branch 711 Union Blvd 07512 (973) 785-9200 No 9.43

Garden Savings Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Garden Savings 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 12.00 4.25 9.57 4.25 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 411 311 724 174 132
Rank Among All New Jersey Credit Unions 38 44 86 26 19

Garden Savings Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.25 1.00 0.80
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 105 174 184
Rank Among All New Jersey Credit Unions 6 31 11 22 20
Garden Savings Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.0003,1734,004,007
All Other Unsecured Loans/Lines of Credit 12.0002,2687,586,822
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.0006,8856,338,635
New Vehicle Loans 4.25050789,467
Used Vehicle Loans 9.5706,18291,213,199
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25031471,245,188
Total Other Real Estate Loans/Lines of Credit 4.25078641,453,845
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.6201657,381,541
TOTAL LOANS & LEASES 19,823230,012,704

Garden Savings 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 17938,767,657194,457,500
    b. 15 Years or less 8010,740,48971,424,500
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 96,497,71900
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 61,169,51300
Adjustable Rate > 1 yr 4014,069,81032,144,000

OTHER REAL ESTATE

Closed-End Fixed Rate 26413,742,603251,700,850
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 52227,711,2427511,150,374
Open-End Fixed Rate 0000
TOTALS 1,100112,699,03312920,877,224

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Garden Savings 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