Question 1

What is Clifton NJ Postal Employees Credit Union?

Accepted Answer

Clifton NJ Postal Employees Credit Union is a small, community-focused federal credit union serving postal employees and their families in Clifton, New Jersey. With approximately $2.2 million in assets and 246 members as of Q3 2025, this institution operates as a not-for-profit financial cooperative dedicated to meeting the specific financial needs of United States Postal Service workers in the Clifton area. The credit union maintains a strong capital position with a net worth ratio exceeding 51%, reflecting its financial stability and conservative approach to serving its membership base.

Question 2

When was Clifton NJ Postal Employees Credit Union founded?

Accepted Answer

Clifton NJ Postal Employees Credit Union was founded in 1935, during the midst of the Great Depression. Like many postal employee credit unions established during that era, it was created to provide postal workers with an accessible, member-owned financial institution that could offer savings and borrowing opportunities when traditional banking services were often difficult to obtain. The credit union was established to serve employees of the Clifton post office and has maintained its focus on serving this specific community for nearly 90 years.

Question 3

Where is Clifton NJ Postal Employees Credit Union headquartered?

Accepted Answer

The credit union is headquartered in Clifton, New Jersey. Its physical location is at 811 Paulison Avenue in Clifton, which is co-located with the U.S. Post Office facility, providing convenient access for postal employees. The credit union's mailing address is PO Box 2033, Clifton, NJ 07015.

Question 4

Where does Clifton NJ Postal Employees Credit Union operate?

Accepted Answer

Clifton NJ Postal Employees Credit Union operates exclusively in Clifton, New Jersey, serving the local postal employee community. As a single employer group (SEG) credit union, membership is restricted to individuals employed by or retired from the United States Postal Service in the Clifton area, as well as their immediate family members. The credit union's field of membership is geographically limited to this specific post office location and its associated employees.

Question 5

What services does Clifton NJ Postal Employees Credit Union offer?

Accepted Answer

As a small credit union focused on basic financial services, Clifton NJ Postal Employees Credit Union offers fundamental banking products including share savings accounts, various loan products, and deposit accounts. With total loans of approximately $363,000 and total deposits of $1.2 million, the credit union provides essential lending services to its members, though at a relatively modest scale. The credit union focuses on personal financial services tailored to the needs of postal employees, including personal loans and savings products. The institution does not maintain a website, reflecting its traditional, relationship-based approach to serving its small membership community.

Question 6

What makes Clifton NJ Postal Employees Credit Union unique?

Accepted Answer

Several factors distinguish this credit union within the postal employee credit union sector. First, its exceptionally high net worth ratio of over 51% demonstrates remarkable financial strength and conservative management practices. Second, its low-income designation status indicates the credit union serves a community with specific economic characteristics, making it eligible for certain regulatory benefits and programs designed to support underserved populations.

Third, the credit union maintains a highly personalized service model, with approximately 246 members creating an intimate financial cooperative where members likely know staff personally. Finally, its location within the post office facility at 811 Paulison Avenue provides unparalleled convenience for postal workers, allowing them to conduct banking during work hours or breaks.

Question 7

What type of financial institution is Clifton NJ Postal Employees Credit Union?

Accepted Answer

Clifton NJ Postal Employees Credit Union is a federal credit union, operating under NCUA Charter Number 277 and regulated by the National Credit Union Administration (NCUA). As a federal credit union, it operates under federal charter and is subject to federal regulations and oversight. The credit union follows the cooperative financial structure, meaning it is owned and governed by its members rather than external shareholders.

Membership is restricted to individuals who are employed by or retired from the United States Postal Service in Clifton, New Jersey, along with their immediate family members. This occupational common bond creates a tightly-knit membership community united by their connection to postal service employment. As a member-owned cooperative, any profits are returned to members through competitive rates, lower fees, and improved services rather than distributed as dividends to outside investors.

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About Clifton NJ Postal Employees Credit Union in the United States