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I.L.A. LOCAL 1235

Newark, NJ · Federal Credit Union · Chartered in NJ

Well Capitalized

Who can join

Multiple employer groups

Charter #23807Est. 1981RSSD: 976897

Members

640

Net Worth Ratio

11.84%

min. 7% = Well Capitalized

Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.

At a Glance

Total Assets

$7.5M

Peer Group 2

Members

640

as of latest quarter

Net Worth Ratio

11.84%

Well Capitalized

Institution Profile

NCUA

Address

One Gateway Center, Suite 2600, Newark, NJ 07102

Chartered

1981

Branch Locations

2 locations

Membership Eligibility

Multiple employer groups

Financial Snapshot

As of Q1 2026NCUA 5300 Call Report

Total Assets

$7.5M

Total Shares

$6.7M

Total Loans

$5.1M

Net Worth Ratio

11.84%

≥7% = Well Capitalized

Members

640

Delinquency Rate (60d+)

0.23%

$12K

Loan-to-share ratio: 76.0%· healthy range 60–80%

Branch Locations

NCUA

Regus

20 Commerce Dr ste 135, Cranford, NJ, 07016

10-3

Main

ILA Local 1235 FCU

17 Daleron Pl, Laurence Harbor, NJ, 08879

9am-3pm

Mortgage Lending (HMDA)

CFPB HMDA

No HMDA mortgage lending data on record for this credit union.

Consumer Complaints

CFPB / NCUA

No CFPB complaint data available for this credit union.

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Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.