The Atlantic Federal Credit Union

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A short history of The Atlantic FCU

Since its inception in 1935 the The Atlantic Federal Credit Union has been serving its members in the KENILWORTH, 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 Fanelli, the The Atlantic FCU has grown its membership to over 17,948 with assets of more than $230,883,239. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (908) 245-1750 or email them at info@atlfedcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in KENILWORTH, NJ.

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

Charter Number 477
Address 37 MARKET ST 
City KENILWORTH 
State New Jersey 
Zip-Code 07033
Phone Number (908) 245-1750
Fax Number (908) 245-0680
Email Address: info@atlfedcu.com
CEO/President Michael Fanelli
Members 17,948 
Full-Time Employees 58 
Part-Time Employees
Number of Branch Offices
Total Assets 230,883,239 
Website http://atlfedcu.com 

Compare The Atlantic Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Metrex CU Metrex Federal Credit Union 8 Red Maple Ln 07033 (908) 241-6976 No 0.55
County Educators CU County Educator FCU Br2 100 W High St 08876 (908) 526-4264 No 1.57
Jersey Central CU Main Office 23 North Ave E 07016 (908) 272-3040 No 1.58
Heard A.m.e. CU Heard A M E Church 310 E 8th Ave 07203 (908) 241-5588 No 2.58
Community Financial Services CU Main 149 Saint George Ave 07203 (908) 245-1650 No 3.04

The Atlantic Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


The Atlantic 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 8.65 1.99 2.24 4.00 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 131 34 35 138 100
Rank Among All New Jersey Credit Unions 13 3 3 15 12

The Atlantic Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.30 0.55 0.55
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 129 97 251 219
Rank Among All New Jersey Credit Unions N/A 31 10 40 25
The Atlantic Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.6501,5352,434,423
All Other Unsecured Loans/Lines of Credit 9.9002,5396,250,686
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.2103,6047,407,318
New Vehicle Loans 1.9901,1089,460,687
Used Vehicle Loans 2.2403,50125,084,586
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00034765,018,158
Total Other Real Estate Loans/Lines of Credit 4.00052319,913,168
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.7501607,523,205
TOTAL LOANS & LEASES 13,317143,092,231

The Atlantic 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 26850,627,49751,060,500
    b. 15 Years or less 567,937,4131565,000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 236,453,24831,084,000

OTHER REAL ESTATE

Closed-End Fixed Rate 1165,770,7272162,082
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 40714,142,441401,193,263
Open-End Fixed Rate 0000
TOTALS 87084,931,326514,064,845

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 242,277,447758,000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

The Atlantic 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 No
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes