Garden Savings
Garden Savings is a credit union based in Parsippany, New Jersey, established in 1968, with $495 million in total assets serving 30,558 members. By Trust Grade it ranks 103rd of 127 credit unions we track in New Jersey. Its net worth ratio of 8.4% trails most similarly sized credit unions (7th percentile), versus a New Jersey median of 13.9%. It was profitable over the most recent period, with a 0.41% return on assets. No consumer complaints against Garden Savings appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Garden Savings compares to New Jersey peers
How we graded Garden Savings
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.4% capital ratio)
- Profitable (ROA 0.41%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Garden Savings over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Garden Savings insured?
Yes. Garden Savings 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.
Garden Savings: frequently asked questions
Is Garden Savings a good credit union?
Garden Savings earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 (it has no CFPB complaints on record). Well-capitalized (8.4% capital ratio); Profitable (ROA 0.41%).
Is Garden Savings NCUA-insured?
Yes. Garden Savings 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 Garden Savings?
Garden Savings holds $495 million in total assets, ranking 103rd of 127 credit unions we track in New Jersey. It serves 30,558 members.
Does Garden Savings have CFPB complaints?
No CFPB complaints against Garden Savings 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.
