New Community Federal Credit Union

New Community Federal Credit Union (online banking login)
973-621-2363 or 973-621-5624
274 South Orange Avenue
Newark, NJ 07103

The New Community Federal Credit Union is low-income designated and a CDFI-certified community development credit union (CDCU) founded with the specific mission of serving low- and moderate-income and minority communities beyond the reach of banks and mainstream credit unions. As a CDCU, we specialize in serving populations generally considered the hardest to serve, including low-income wage earners, recent immigrants and people with disabilities.

In-house, HUD certified counselors provide free counseling in:

* Foreclosure Prevention
* 1st Time Home Buyers Education
* Credit Repair
* Financial Education and Budgeting

Hours of Operation: 9 a.m. to 3 p.m. Monday, Tuesday, Thursday and Friday; 11:30 a.m. to 6:30 p.m. on Wednesday

Type of accounts: 
* Regular Share/Savings
* Share Draft/Checking
* Christmas/Holiday club
* Vacation club
* Money market
* Certificates of deposit (CDs)
* Debit Master cards
* Other services

Services offered: 
* Payroll direct deposit
* Money orders
* SSI direct deposit
* $25,000 life insurance provided to NCC full-time employees who are active members of NCFCU
* Loans
* Personal loans
* New and used car loans
* Emergency loans
* Home improvement loans

Eligibility and interest rates for loans are based on credit score, debt to income ratio, history with the credit union and other credit data. Loan payments can be made using payroll deduction or direct deposit. Fees are subject to change without notice. Visit the New Community Federal Credit Union website here.