Home
Contents
Explore
Search

Public Service E.D. Trenton Credit Union

Overview
Back to Top

Public Service E.D. Trenton Credit Union is a federal credit union based in Mercerville, New Jersey. It has been opened since 1956, for 64 years.

With around $3,650,000 in assets, Public Service E.D. Trenton Credit Union is considered to be a small credit union.

About
Address Po Box 3365
Mercerville, New Jersey 08619
Phone (609) 799-6919
Fax (609) 799-6919
CEO Douglas Schenck
President of the Board Edward Albertson
Services Offered
Map
Back to Top
Score Card
Back to Top
64 years
Years in business
Opened in 1956
Well Capitalized
Net worth classification
Source: NCUA
384 members
Membership type: Service – communications and utilities
Below average number of members
256:1
Credit union member to staff ratio
256 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$3,651,083
Total assets
Below average
1 branch
Compared with an average of 4 nationally and 2 in New Jersey
Average number of branches
2.00%
Savings interest rate
Compared to 0.3% nationally
Branches
Back to Top
1 branch
Compared with an average of 4 nationally and 2 in New Jersey
Average number of branches
Public Service E.D. Trenton Credit Union Branch Locations
Members
Back to Top
384 members
Membership type: Service – communications and utilities
Below average number of members

With 384 members, the Public Service E.D. Trenton Credit Union is considered to be a very small credit union. It is among the smallest credit unions and is smaller than 93% of credit unions.

Fees
Back to Top
$1
Average fee per member
The average fee per member at the Public Service E.D. Trenton Credit Union is $1, which is very low compared to most credit unions. This rate is lower than 94% of all credit unions.
Fees are lower than average

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 Public Service E.D. Trenton Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
256:1
Credit union member to staff ratio
256 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
2 staff members
FTE (full-time equivalent)
100% of employees are part-time
0 full-time, 3 part-time

Public Service E.D. Trenton Credit Union has 0 full-time staff members and 3 part-time staff members. The staff is predominantly comprised of part-time staff, at approximately 100% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Public Service E.D. Trenton Credit Union has around 256 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets
Back to Top
$3,651,083
Total assets
Below average
Net worth
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
33.5%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

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.

Loans & leases
Back to Top
$7,392
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 75% of credit unions.

Public Service E.D. Trenton Credit Union holds a total of $550,000 in loans and leases, which is about $7,392 per member on average.

Savings interest rate
Back to Top
2.00%
Savings interest rate
Compared to 0.3% nationally

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. Public Service E.D. Trenton Credit Union pays 2.00%.

Loan rates
Back to Top
8.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.50%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
2.99%
New car loan rate
Compared to 4.0% nationally
4.25%
Used car loan rate
Compared to 5.2% nationally
Seaport Credit Union
Location
Elizabeth, New Jersey
Members
5,060
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
12.00%
Read More
Union Building Trades Credit Union
Location
Parsippany, New Jersey
Members
40,221
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
7.95%
Read More
Bard Employees Credit Union
Location
New Providence, New Jersey
Members
1364
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
15.90%
Read More
H. E. Telephone Credit Union
Location
Rochelle Park, New Jersey
Members
3,306
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Pinnacle Credit Union
Location
Edison, New Jersey
Members
11,296
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.00%
Read More
Aspire Credit Union
Location
Clark, New Jersey
Members
22,136
Assets
Net Worth Classification
Undercapitalized
Average Fee
Credit Card Loan Interest Rate
8.40%
Read More