New Community
New Community is a credit union based in Newark, New Jersey, established in 1984, with $3 million in total assets serving 3,531 members. By Trust Grade it ranks 49th of 127 credit unions we track in New Jersey. Its net worth ratio of 12.3% trails most similarly sized credit unions (36th percentile), versus a New Jersey median of 13.9%. It was profitable over the most recent period, with a 0.17% return on assets. No consumer complaints against New Community appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How New Community compares to New Jersey peers
How we graded New Community
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.3% capital ratio)
- Profitable (ROA 0.17%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for New Community over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at New Community insured?
Yes. New Community 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.
New Community: frequently asked questions
Is New Community a good credit union?
New Community earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (12.3% capital ratio); Profitable (ROA 0.17%).
Is New Community NCUA-insured?
Yes. New Community 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 New Community?
New Community holds $3 million in total assets, ranking 49th of 127 credit unions we track in New Jersey. It serves 3,531 members.
Does New Community have CFPB complaints?
No CFPB complaints against New Community 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.
