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 Local 1233 Federal Credit Union Rates & Review October 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated and Verified: October 23, 2026
Local 1233 Federal Credit Union's Personal Loan Rates are as low as 6.00%. MonitorBankRates evaluates the financial stability of Local 1233 Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.59%. Rates last updated and verified on 10/23/2026. Local 1233 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 Local 1233 Federal Credit Union? Share your experience about Local 1233 Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Local 1233 Federal Credit Union. Local 1233 Federal Credit Union
19 Fenwick St. 19 Fenwick St
https://www.local1233fcu.org Newark, NJ 07114  Customer Reviews
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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. Local 1233 Federal Credit Union Auto Loan Rates
Local 1233 Federal Credit Union Personal Loan Rates
Local 1233 Federal Credit Union Other Rates
Financial Health HistoryLocal 1233 Federal Credit Union’s Texas Ratio fell from 1.30% in Q3 2023 to 0.59% 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
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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
Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Local 1233 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 Local 1233 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 Local 1233 Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Local 1233 Federal Credit Union
Website
https://www.local1233fcu.org
Address
19 Fenwick St,
Newark, NJ 07114
Phone
973-824-7246
Fax
973-824-3107
President
Norman Jackson
CEO
Khadija Rover
Full-Time Employees
3
Part-Time Employees
0
Branch Locations
1
ATM Locations
0
NCUA Insured
✓ Yes, up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (100/100)
Texas Ratio
0.59%
Return on Assets (ROA)
0.4079%
Return on Equity (ROE)
2.2820%
Non-Performing Loans Ratio (NPL)
0.27%
Total Assets
14,110,234
Total Amount of Shares and Deposits
11,489,431
Total Shares and Deposits < 1 Year
11,489,431
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
306,552
Total Uninsured Shares and Deposits > $250K (F+J)
306,552
Total Insured Shares and Deposits > $250K (item 17 less item K)
11,182,879
Total Interest Expense (Sum of items 6 8)
49,845
Number of Accounts for Regular Shares
963
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)
3,435,692
Total Liabilities
11,588,312
Source: NCUA — Last Updated 06/30/2026
Customer Reviews
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Add Your Rating and Review for Local 1233 Federal Credit Union
Frequently Asked Questions About Local 1233 Federal Credit UnionWhat is the lowest auto loan rate at Local 1233 Federal Credit Union?The lowest auto loan rate MonitorBankRates has verified for Local 1233 Federal Credit Union is 1.99% rate on its Auto Loan, as of October 23, 2026. What is the lowest personal loan rate at Local 1233 Federal Credit Union?The lowest personal loan rate MonitorBankRates has verified for Local 1233 Federal Credit Union is 6.00% rate on its Signature Loan - Grade D, as of October 23, 2026. How many branches does Local 1233 Federal Credit Union operate?Local 1233 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 Local 1233 Federal Credit Union?Yes, to access services at Local 1233 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, Local 1233 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, Local 1233 Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Local 1233 Federal Credit Union offer online and mobile banking?Most modern institutions like Local 1233 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.local1233fcu.org. Are all CD rates listed on MonitorBankRates federally insured?Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account. I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Credit unions require membership, so you may need to join first. Confirm the current rate and terms with the institution before you deposit. If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money. Why are some CD offers not available for me to open?Some offers are limited to certain states or local areas, require membership in the credit union, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules. How do Local 1233 Federal Credit Union rates compare?Local 1233 Federal Credit Union's top rate is personal loans from 6.00% APR, verified by MonitorBankRates on October 23, 2026. To compare Local 1233 Federal Credit Union with the top rates nationwide, see our best CD rates and best personal loan rates, updated daily from banks and credit unions across the country. Compare to Other Credit Unions
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