Novartis Federal Credit Union

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A short history of Novartis FCU

Since its inception in 1947 the Novartis Federal Credit Union has been serving its members in the East Hanover, 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 Ann South, the Novartis FCU has grown its membership to over 5,333 with assets of more than $128,997,465. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (973) 947-1000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in East Hanover, NJ.

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

Charter Number 5419
Address 124 S Ridgedale AVe 
City East Hanover 
State New Jersey 
Zip-Code 07936
Phone Number (973) 947-1000
Fax Number (973) 947-0998
Email Address:
CEO/President Ann South
Members 5,333 
Full-Time Employees 16 
Part-Time Employees
Number of Branch Offices
Total Assets 128,997,465 

Compare Novartis Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Garden Savings CU Dover Branch 23 Prospect St 07801 (973) 361-3770 No 4.14
Fairleigh Dickinson Universty CU Madison Main Office 12 Main St Ste 4 07940 (973) 301-0931 No 4.95
Union Building Trades CU Union Building Trades Federal Credit Union 205 Cherry Hill Rd 07054 (973) 263-0001 No 5.07
West Orange Municipal CU Main office 342 Main St 07052 (973) 736-1929 No 7.38
Atlantic Health Employees CU MMH Branch 100 Madison Ave Jefferson B 07901 (973) 973-8901 No 7.47

Novartis Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Novartis 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 10.74 2.91 2.91 4.00 4.60
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 319 134 85 138 182
Rank Among All New Jersey Credit Unions 27 18 14 15 27

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.25 0.59 0.95
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 105 244 166
Rank Among All New Jersey Credit Unions 7 31 11 38 16
Novartis Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.7408671,545,058
All Other Unsecured Loans/Lines of Credit 11.410252978,789
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9101112,311,295
Used Vehicle Loans 2.9101662,271,310
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0008612,956,930
Total Other Real Estate Loans/Lines of Credit 4.60032715,425,890
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.190359,452
TOTAL LOANS & LEASES 1,81235,548,724

Novartis 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 244,423,9201520,000
    b. 15 Years or less 455,476,26400
    a. > 15 years 81,535,4261114,000
    b. 15 Years or less 81,342,55600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1178,76400
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 693,784,7647457,048
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 25811,641,12618714,198
Open-End Fixed Rate 0000
TOTALS 41328,382,820271,805,246


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

Novartis 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 No
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