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Essex County Teachers Federal Credit Union

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Essex County Teachers Federal Credit Union Rates & Review June 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Essex County Teachers 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: June 15, 2026

You can compare Essex County Teachers Federal Credit Union rates to other rates in our database, including 12-month share certificate rates currently at 1.00%, 6-month share certificate rates at 0.75% and 3-month share certificate rates at 0.20%. Savings rates are at 0.20% and money market rates are at 1.25%. Mortgage rates on 30-year fixed loans are around 5.97%. All these rates can be compared to Essex County Teachers Federal Credit Union rates. MonitorBankRates evaluates the financial stability of Essex County Teachers Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.63%. Rates were last updated on 06/15/2026.

Essex County Teachers 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 Essex County Teachers Federal Credit Union? Share your experience about Essex County Teachers Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Essex County Teachers Federal Credit Union.

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.63%

Excellent Lower than avg

Essex County Teachers Federal Credit Union
ECTFCU

125 Franklin St
Bloomfield, NJ 07003 5730

https://www.ectcu.org

Current Rate Availability

We do not have Essex County Teachers Federal Credit Union rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Essex County Teachers 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 Essex County Teachers 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 Essex County Teachers Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Essex County Teachers Federal Credit Union

Website https://www.ectcu.org

Address 125 Franklin St, Bloomfield, NJ 07003 5730

Phone 973-748-8847

Fax 973-748-8846

President Kenneth King

CEO Robert Steeves

Full-Time Employees 8

Part-Time Employees 3

Branch Locations 2

ATM Locations 0

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

0.63%

Return on Assets (ROA)

0.2258%

Return on Equity (ROE)

2.9495%

Non-Performing Loans Ratio (NPL)

0.16%

Total Assets

22,124,489

Total Amount of Shares and Deposits

19,371,342

Total Shares and Deposits < 1 Year

19,325,738

Total Shares and Deposits 1 3 Years

32,565

Total Shares and Deposits > 3 Years

13,042

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

269,984

Total Uninsured Shares and Deposits > $250K (F+J)

269,984

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

19,101,358

Total Interest Expense (Sum of items 6 8)

55,598

Share Certificates

Number of Accounts for Share Drafts

1,121

IRA KEOGH Accounts

Number of Accounts for Regular Shares

3,658

All other shares

870

Money Market Shares

Net Income (unless the amount is already included in Undivided Earnings)

49,965

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

834,578

Total Liabilities

20,430,477

Source: NCUA — Last Updated 09/30/2025

Customer Reviews

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Frequently Asked Questions About Essex County Teachers Federal Credit Union

How many branches does Essex County Teachers Federal Credit Union operate?

Essex County Teachers 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 Essex County Teachers Federal Credit Union?

Yes, to access services at Essex County Teachers 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, Essex County Teachers 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, Essex County Teachers Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Essex County Teachers Federal Credit Union offer online and mobile banking?

Most modern institutions like Essex County Teachers 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.ectcu.org.