Ridgedale
Ridgedale is a credit union based in East Hanover, New Jersey, established in 1947, with $101 million in total assets serving 3,703 members. By Trust Grade it ranks 118th of 127 credit unions we track in New Jersey. Its net worth ratio of 8.9% trails most similarly sized credit unions (14th percentile), versus a New Jersey median of 13.9%. It posted a loss over the most recent period (-0.53% return on assets), a point to watch. No consumer complaints against Ridgedale appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Ridgedale compares to New Jersey peers
How we graded Ridgedale
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.9% capital ratio)
- Unprofitable over the period (ROA -0.53%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Ridgedale over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Ridgedale insured?
Yes. Ridgedale is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Ridgedale: frequently asked questions
Is Ridgedale a good credit union?
Ridgedale earns a Bankzia Trust Grade of C (74/100, "Average"), based on a financial-strength score of 74/100 (it has no CFPB complaints on record). Well-capitalized (8.9% capital ratio); Unprofitable over the period (ROA -0.53%).
Is Ridgedale NCUA-insured?
Yes. Ridgedale is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Ridgedale?
Ridgedale holds $101 million in total assets, ranking 118th of 127 credit unions we track in New Jersey. It serves 3,703 members.
Does Ridgedale have CFPB complaints?
No CFPB complaints against Ridgedale appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
