Liberty Savings Credit Union

Liberty Savings Credit Union is a federal credit union based in Jersey City, New Jersey. It has been opened since 1951, for 69 years.

With around $88,800,000 in assets, Liberty Savings Credit Union is considered to be a large credit union. It has 3 branches and 3 ATM locations.

With 21,769 members, the Liberty Savings Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 83% of credit unions.

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Liberty Savings Credit Union. Some credit unions tend to charge more fees, while others charge less.

Liberty Savings Credit Union has 40 full-time staff members and 6 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 87% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Liberty Savings Credit Union has around 506 members per staff, a high ratio compared to other credit unions.

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Liberty Savings Credit Union holds a total of $45,880,000 in loans and leases, which is about $3,498 per member on average.

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Liberty Savings Credit Union pays 0.10%.