New Jersey

Credit Unions provide families with access to low cost loans to help with emergency bills. They protect families from predatory lenders by helping with affordable but responsible short-term loans when hit with unexpected medical debt, surprise medical billing, job loss, or other emergencies.

New Jersey credit unions paid $73.9 million in federal and state taxes in 2020. New Jersey credit union members paid an additional $14.9 billion in federal and state income taxes.

86%
% of Credit Unions Located in Diverse Areas
1,475
Number of Small Business Loans Provided by Credit Unions
13,334
Jobs Retained Through PPP Loans
1.1M
Credit Union Members
154
Total # of Credit Unions
$1.3B
Contribution to New Jersey's Economy