Paterson Police
Paterson Police is a credit union based in Paterson, New Jersey, established in 1953, with $5 million in total assets serving 536 members. By Trust Grade it ranks 57th of 127 credit unions we track in New Jersey. Its net worth ratio of 19.5% is stronger than 76% of similarly sized credit unions, versus a New Jersey median of 13.9%. It posted a loss over the most recent period (-0.03% return on assets), a point to watch. No consumer complaints against Paterson Police appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Paterson Police compares to New Jersey peers
How we graded Paterson Police
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (19.5% capital ratio)
- Unprofitable over the period (ROA -0.03%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Paterson Police over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Paterson Police insured?
Yes. Paterson Police 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.
Paterson Police: frequently asked questions
Is Paterson Police a good credit union?
Paterson Police earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Strongly capitalized (19.5% capital ratio); Unprofitable over the period (ROA -0.03%).
Is Paterson Police NCUA-insured?
Yes. Paterson Police 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 Paterson Police?
Paterson Police holds $5 million in total assets, ranking 57th of 127 credit unions we track in New Jersey. It serves 536 members.
Does Paterson Police have CFPB complaints?
No CFPB complaints against Paterson Police 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.
