Saker Shop Rite
Saker Shop Rite is a credit union based in Holmdel, New Jersey, established in 1962, with $7 million in total assets serving 1,438 members. By Trust Grade it ranks 88th of 127 credit unions we track in New Jersey. Its net worth ratio of 25.3% is stronger than 90% of similarly sized credit unions, versus a New Jersey median of 13.9%. It posted a loss over the most recent period (-0.48% return on assets), a point to watch. No consumer complaints against Saker Shop Rite appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Saker Shop Rite compares to New Jersey peers
How we graded Saker Shop Rite
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (25.3% capital ratio)
- Unprofitable over the period (ROA -0.48%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Saker Shop Rite over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Saker Shop Rite insured?
Yes. Saker Shop Rite 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.
Saker Shop Rite: frequently asked questions
Is Saker Shop Rite a good credit union?
Saker Shop Rite earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Strongly capitalized (25.3% capital ratio); Unprofitable over the period (ROA -0.48%).
Is Saker Shop Rite NCUA-insured?
Yes. Saker Shop Rite 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 Saker Shop Rite?
Saker Shop Rite holds $7 million in total assets, ranking 88th of 127 credit unions we track in New Jersey. It serves 1,438 members.
Does Saker Shop Rite have CFPB complaints?
No CFPB complaints against Saker Shop Rite 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.
