What are the current interest rates at Federal Employees Newark Federal Credit Union?

Current rates for Federal Employees Newark Federal Credit Union include: 12-Month CD: 3.85%, 24-Month CD: 3.64%, 60-Month CD: 3.03%, Savings: 0.04%

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Federal Employees Newark Federal Credit Union

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Federal Employees Newark Federal Credit Union Rates & Review October 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Federal Employees Newark Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 12, 2026

Federal Employees Newark Federal Credit Union's top rates as of October 12, 2026 are 4.16% APY on its 6 Month CD, 0.04% APY on savings, 0.01% APY on checking, and personal loans from 9.95% APR, according to rates verified by MonitorBankRates. Other Federal Employees Newark Federal Credit Union CD rates include 12 Month CD at 3.85%, 24 Month CD at 3.64%, and 36 Month CD at 3.44%. MonitorBankRates evaluates the financial stability of Federal Employees Newark Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.29%. Rates last updated and verified on 10/12/2026.

Federal Employees Newark Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Federal Employees Newark Federal Credit Union? Share your experience about Federal Employees Newark Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Federal Employees Newark Federal Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.29%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Federal Employees Newark Federal Credit Union
FEDERAL EMPLOYEES NEWARK FEDERAL CREDIT UNION

970 Broad St
Newark, NJ 07102-2534

https://www.fenfcu.com

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Federal Employees Newark Federal Credit Union CD Rates

Product	Rate	APY	Term
6 Month Share Certificate	4.10%	4.16%	6 Month
Min Deposit $1,000 Details Share Certificate and IRA Certificate rates; effective Sept. 2026; One thousand dollar minimum; early withdrawal penalty 25 basis points (1/4 %) per quarter Last Updated 10/12/2026 Rate History 1 change since Sep 17, 2026 · 3.44% → 4.16% ▲ 0.72 pts · high 4.16% / low 3.44% Oct 12, 20264.16%▲ from 3.44% Sep 17, 20263.44%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
12 Month Share Certificate	3.80%	3.85%	12 Month
Min Deposit $1,000 Details Share Certificate and IRA Certificate rates; effective Sept. 2026; One thousand dollar minimum; early withdrawal penalty 25 basis points (1/4 %) per quarter Last Updated 10/12/2026 Rate History 1 change since Sep 17, 2026 · 2.63% → 3.85% ▲ 1.22 pts · high 3.85% / low 2.63% Oct 12, 20263.85%▲ from 2.63% Sep 17, 20262.63%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
24 Month Share Certificate	3.60%	3.64%	24 Month
Min Deposit $1,000 Details Share Certificate and IRA Certificate rates; effective Sept. 2026; One thousand dollar minimum; early withdrawal penalty 25 basis points (1/4 %) per quarter Last Updated 10/12/2026 Rate History 1 change since Sep 17, 2026 · 2.52% → 3.64% ▲ 1.12 pts · high 3.64% / low 2.52% Oct 12, 20263.64%▲ from 2.52% Sep 17, 20262.52%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
36 Month Share Certificate	3.40%	3.44%	36 Month
Min Deposit $1,000 Details Share Certificate and IRA Certificate rates; effective Sept. 2026; One thousand dollar minimum; early withdrawal penalty 25 basis points (1/4 %) per quarter Last Updated 10/12/2026 Rate History 1 change since Sep 17, 2026 · 2.02% → 3.44% ▲ 1.42 pts · high 3.44% / low 2.02% Oct 12, 20263.44%▲ from 2.02% Sep 17, 20262.02%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
48 Month Share Certificate	3.20%	3.24%	48 Month
Min Deposit $1,000 Details Share Certificate and IRA Certificate rates; effective Sept. 2026; One thousand dollar minimum; early withdrawal penalty 25 basis points (1/4 %) per quarter Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 3.24% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
60 Month Share Certificate	3.00%	3.03%	60 Month
Min Deposit $1,000 Details Share Certificate and IRA Certificate rates; effective Sept. 2026; One thousand dollar minimum; early withdrawal penalty 25 basis points (1/4 %) per quarter Last Updated 10/12/2026 Rate History No change since Oct 8, 2026 · 3.03% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%

Federal Employees Newark Federal Credit Union Savings Rates

Product	Rate	APY	View More
Savings Accounts	-	0.04%
Details No Minimum Balance Required; Effective as of: APRIL 1, 2022 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.04% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%

Federal Employees Newark Federal Credit Union Checking Rates

Product	Rate	APY	View More
Checking Accounts	-	0.01%
Details No Minimum Balance Required; Effective as of: APRIL 1, 2022 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%

Federal Employees Newark Federal Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term
Home Equity Loan - Fixed Rate	6.00%	-	6.00%	5 Years
Details As Low As; Application fee $1,250.00 Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.00% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Home Equity Loan - Fixed Rate	6.25%	-	6.25%	10 Years
Details As Low As; Application fee $1,250.00 Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.25% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Home Equity Loan - Fixed Rate	6.50%	-	6.50%	15 Year
Details As Low As; Application fee $1,250.00 Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.50% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Home Equity Loan - Fixed Rate	6.75%	-	6.75%	20 Years
Details As Low As; Application fee $1,250.00 Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 6.75% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Home Equity Loan - Fixed Rate	7.00%	-	7.00%	30 Years
Details As Low As; Application fee $1,250.00 Last Updated 10/12/2026 Rate History No change since Oct 12, 2026 · 7.00% APR Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%

Federal Employees Newark Federal Credit Union Personal Loan Rates

Product	APR	Term
Preferred Customer Unsecured Loans	9.95%	1 year
Details Maximum Loan Amount: $5,000 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 9.95% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Preferred Customer Unsecured Loans	9.95%	2 year
Details Maximum Loan Amount: $5,000 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 9.95% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Preferred Customer Unsecured Loans	9.95%	3 year
Details Maximum Loan Amount: $5,000 Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 9.95% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Unsecured Loans	16.00%	1 year
Details Maximum Loan Amount: $5,000; Amount of loan subject to credit evaluation Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 16.00% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Unsecured Loans	16.00%	2 year
Details Maximum Loan Amount: $5,000; Amount of loan subject to credit evaluation Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 16.00% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%
Unsecured Loans	16.00%	3 year
Details Maximum Loan Amount: $5,000; Amount of loan subject to credit evaluation Last Updated 10/12/2026 Rate History No change since Sep 14, 2026 · 16.00% APR · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.29%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Federal Employees Newark Federal Credit Union’s Texas Ratio stayed near 0.25% in Q3 2023 to 0.29% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$14M	0.29%	5.0	A+
March 31, 2026	$15M	0.34%	5.0	A+
December 31, 2025	$15M	0.34%	5.0	A+
September 30, 2025	$15M	0.44%	5.0	A+
June 30, 2025	$15M	1.35%	5.0	A+
March 31, 2025	$15M	1.37%	5.0	A+
December 31, 2024	$15M	2.03%	5.0	A+
September 30, 2024	$15M	2.86%	5.0	A+
June 30, 2024	$15M	0.60%	5.0	A+
March 31, 2024	$15M	1.11%	5.0	A+
December 31, 2023	$15M	0.28%	5.0	A+
September 30, 2023	$15M	0.25%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Federal Employees Newark Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Federal Employees Newark Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Federal Employees Newark Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Federal Employees Newark Federal Credit Union

Website https://www.fenfcu.com

Address 970 Broad St, Newark, NJ 07102-2534

Phone 973-622-6028

Fax 973-622-6688

President LOUIS MILANO

CEO Tracey Davis

Full-Time Employees 5

Part-Time Employees 1

Branch Locations 0

ATM Locations 1

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (100/100)

Texas Ratio

0.29%

Return on Assets (ROA)

-0.3919%

Return on Equity (ROE)

-2.2623%

Non-Performing Loans Ratio (NPL)

0.10%

Total Assets

14,444,974

Total Amount of Shares and Deposits

12,038,712

Total Shares and Deposits < 1 Year

12,038,712

Total Insured Shares and Deposits > $250K (item 17 less item K)

12,038,712

Total Interest Expense (Sum of items 6 8)

71,197

Share Certificates

123

Number of Accounts for Share Drafts

582

IRA KEOGH Accounts

Number of Accounts for Regular Shares

1,674

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

1,034,744

Total Liabilities

12,027,188

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Federal Employees Newark Federal Credit Union earned the Verified Healthy badge

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Frequently Asked Questions About Federal Employees Newark Federal Credit Union

How many branches does Federal Employees Newark Federal Credit Union operate?

Federal Employees Newark Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Federal Employees Newark Federal Credit Union?

Yes, to access services at Federal Employees Newark Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Federal Employees Newark Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Federal Employees Newark Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Federal Employees Newark Federal Credit Union offer online and mobile banking?

Most modern institutions like Federal Employees Newark Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.fenfcu.com.