Work-in-progress version of SherPa. Work-in-progress version of SherPa.
New Jersey
Last updated on 2015-12-01
General
not credit union specific
- Officer Loan Status
- Allowed
- Officer Loan Comment
- Board must reasonably expect loan to benefit corporation, and if recipient is a trustee, must get 2/3 approval of the board, minus the recipient.
- Officer Loan Statute
- N.J. Stat. 15A:6-11
Credit Union Information
- Split Dollar Process
- ???
- Split Dollar Comment
- In contact with dept.
- Parity Process
- Ask
- Parity Comment
- Friendly?
- Parity Statute
- —
- Alternative To Parity Request
- —
- CDA Status
- CDA Comment
- Only has 2-3 SCCUs
- Director Compensation Status
- commissioner may reduce.
- Director Compensation Statute
- N.J. Stat. § 17:13-96
- Credit Union Regulator
State Chartered Credit Unions
7 credit unions chartered in New Jersey
| Name | Charter Number | CEO | Total Assets | Net Worth | CA SD | Concentration |
|---|---|---|---|---|---|---|
| MONMOUTH COUNTY POSTAL EMPLOYEES | 61872 | Catherine Costa | $26,508,115 | $4,816,141 | $0 | 0% |
| NEWARK BOARD OF EDUCATION EMPLOYEES | 62796 | Richard Garcia | $28,770,923 | $3,032,577 | $0 | 0% |
| DIVISION 819 TRANSIT EMPLOYEES | 62855 | Shirley King | $22,340,430 | $2,652,983 | $0 | 0% |
| POSTAL EMPLOYEES | 64882 | Darryl Belinski | $41,726,821 | $5,948,674 | $0 | 0% |
| NEW JERSEY LAW AND PUBLIC SAFETY | 66130 | Bonnie Karczewski | $57,873,895 | $9,001,566 | $0 | 0% |
| NEWARK POST OFFICE EMPLOYEES | 66159 | DENISE BOYD | $2,927,798 | $973,266 | $0 | 0% |
| PLAINFIELD | 66188 | Michael DiPaolo | $1,464,605 | $260,724 | $0 | 0% |