Charter 18710 · Parsippany, NJ
Garden Savings Federal Credit Union
Garden Savings Federal Credit Union is a federally chartered credit union in Parsippany, New Jersey, with $496 million in assets and 30,058 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 8.45%, above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $496 million
- -2.5% in a year
- Members
- 30,058
- -5.9% in a year
- Net worth ratio
- 8.45%
- Peer median 11.65%
- Loans 60+ days late
- 1.29%
- Peer median 0.70%
- Loans outstanding
- $364 million
- +1.0% in a year
- Shares and deposits
- $423 million
- -4.8% in a year
- Branches
- 7
- 82 employees
- Opened
- 1968
- Federal charter
How Garden Savings Federal Credit Union compares
NCUA groups credit unions by size; Garden Savings Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 8.45% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.29%, is higher than the group median of 0.70%. Loans grew 1.0% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 6 of 126 credit unions headquartered in New Jersey. See all New Jersey credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $496 million | 30,058 | $364 million | 8.45% | 1.29% |
| Q1 2026 | $495 million | 30,558 | $360 million | 8.44% | 1.34% |
| Q4 2025 | $493 million | 30,733 | $355 million | 8.37% | 1.38% |
| Q3 2025 | $499 million | 31,495 | $359 million | 8.23% | 1.08% |
| Q2 2025 | $508 million | 31,943 | $360 million | 7.95% | 0.95% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 595,750 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 7 sites for Garden Savings Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Main (main office)
129 Littleton Rd, Parsippany, NJ 07054 - Regular Branch
120 Ferry St, Newark, NJ 07105 - Dover Branch
23 Prospect St, Dover, NJ 07801 - South Orange Branch
15 Scotland Rd, South Orange, NJ 07079 - Brick Branch
990 Cedar Bridge Ave, Brick, NJ 08723 - Parlin Branch
2909 Washington Rd, Parlin, NJ 08859 - Leisure Village West
38 Buckingham Dr N, Manchester, NJ 08759
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology