Credit Union of New Jersey mergers with City of Trenton Employees Credit Union
EWING, NJ (December 8, 2014) – On December 1, 2014, Credit Union of New Jersey (CUNJ) announced their merger with City of Trenton Employees Credit Union (CTECU). The merger, which received all regulatory approvals, has combined their membership and resources into one credit union.
The former City of Trenton Employees Credit Union, based in Trenton, NJ, had $1.2 Million in assets and 544 members. Credit Union of New Jersey has $324 million in assets and over 40,000 members.
With this merger, former CTECU members will have access to an expanded branch network, inclusive of access to over 5,000 Shared Branches nationwide, and a wider product and services menu, including checking accounts, first mortgages, and insurance and investment products. Former CTECU members will also have the convenience of e-Banking, Mobile banking, and many other e-services, including access to over 55,000 surcharge-free ATM’s through the Allpoint Network.
“City of Trenton Employees Credit Union Members will now have the ability to fulfill their financial needs with Credit Union of New Jersey’s full service offering. CUNJ is excited to help CTECU members be in control of their financial lives,” stated Andrew L. Jaeger, CUNJ’s President/CEO.
Credit Union of New Jersey provides financial services to over 40,000 members through five full-service offices located in Mercer & Burlington Counties and an e-Branch at CUNJ.org. Established in 1943, the $324 million credit union is headquartered in Ewing Township. Membership information may be obtained by calling 609-538-4061 or visiting CUNJ.org