Motion Federal Credit Union

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A short history of Motion FCU

Since its inception in 1934 the Motion Federal Credit Union has been serving its members in the LINDEN, 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 Michael Greenwood, the Motion FCU has grown its membership to over 7,699 with assets of more than $71,920,481. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (908) 862-6966 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 LINDEN, NJ.

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

Charter Number 53
Address 360 N WOOD AVE 
State New Jersey 
Zip-Code 07036
Phone Number (908) 862-6966
Fax Number (908) 862-6961
Email Address: none
CEO/President Michael Greenwood
Members 7,699 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 71,920,481 

Compare Motion Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
United Investors CU United Investors FCU 16 W Elizabeth Ave 07036 (908) 862-5566 No 0.44
Merck Employees CU RAHWAY 126 E LINCOLN AVE 07065 (732) 594-3317 No 1.14
Linden Nj Police & Firemen CU MAIN OFFICE - FIREHOUSE 300 W SAINT GEORGES AVE 07036 (908) 486-7249 No 1.16
Community Financial Services CU Main 149 Saint George Ave 07203 (908) 245-1650 No 1.23
Heard A.m.e. CU Heard A M E Church 310 E 8th Ave 07203 (908) 241-5588 No 1.93

Motion Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Motion 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 8.45 3.05 3.65 4.00 6.09
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 120 151 164 138 351
Rank Among All New Jersey Credit Unions 11 22 23 15 48

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.02 0.15 0.10 0.20
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 151 124 332 271
Rank Among All New Jersey Credit Unions 11 38 16 54 34
Motion Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.4501,5263,825,991
All Other Unsecured Loans/Lines of Credit 8.6009804,225,356
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.0501091,906,952
Used Vehicle Loans 3.6504764,641,508
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00013625,365,155
Total Other Real Estate Loans/Lines of Credit 6.09019713,599,527
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.45032242,323
TOTAL LOANS & LEASES 3,45653,806,812

Motion 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 5410,672,30931,218,425
    b. 15 Years or less 537,326,2302536,800
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 91,348,18200
Adjustable Rate > 1 yr 206,018,43400


Closed-End Fixed Rate 315,525,92731,474,850
Closed-End Adjustable Rate 772,63100
Open-End Adjustable Rate 1598,000,969111,123,000
Open-End Fixed Rate 0000
TOTALS 33338,964,682194,353,075


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

Motion 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 No
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