Applications / Mortgage Analytics / Lenders / New Jersey / North Jersey Federal Credit Union
Totowa, NJ · Credit union · NCUA · $253 million assets · 79 loans in 2025
North Jersey Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
79
loans originated, 2025
99
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
North Jersey Federal Credit Union lends mostly for purposes other than buying or refinancing a home, and its loans rose by more than a third in 2025.
Other purposes took 70.9% of its loans in 2025 and home improvement 12.7%; purchases were only 10.1%. Its typical loan was $85,000, against $95,000 at similar credit unions (those making between half and twice as many loans). Five years earlier its typical loan was $245,000.
It made 79 loans, up 39% on the year, faster than about four in five peers, which grew 6%. The whole market grew 10%. A merger with another credit union in 2025 may account for some of the rise; its loans had fallen to 47 in 2023.
Of its loans, 41.8% went to majority-minority neighborhoods, against 9.3% at peers, higher than at about four in five. Its share in low- and moderate-income neighborhoods, 17.7%, was close to peers' 17.4%. None of its loans was higher-priced (a rate well above the average for similar loans), against 3.4% at peers.
All its lending is in New Jersey. In the New York metro area, where JPMorgan Chase Bank leads, it ranks 405 of 802.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. North Jersey Federal Credit Union took 99 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Other 70.9% · Home improvement 12.7% · Purchase 10.1% · Refinance 6.3%
Conventional 100.0% · of 79 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| New Jersey | 79 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| New York-Jersey City-White Plains | 51 |
| Newark | 25 |
| Lakewood-New Brunswick | 2 |
| Camden | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300VFH2IXM3I18P78 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 624974 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 51015 | 1994–2017 |
Established 1 January 1936. Reported under HMDA 1994-2025.
Mergers, name changes, data editions and corrections: North Jersey Federal Credit Union's data.
North Jersey Federal Credit Union's data
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North Jersey Federal Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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