First Harvest Credit Union is headquartered in Deptford and is the 7th largest credit union in the state of New Jersey. It is also the 804th largest credit union in the nation. It was established in 1940 and as of December of 2024, it had grown to 135 employees and 46,195 members at 7 locations. First Harvest Credit Union has a B+ health rating.
Field of Membership Restrictions
First Harvest Credit Union is open to those who regularly conduct business, live, work, worship, or attend school in the New Jersey cities of Alloway, Atlantic City, Bridgeton, Camden, Commercial, Fairfield, Fairton, Glassboro, Mannington, Millville, Pleasantville, Salem, Vineland, or Quinton. Membership is also available to members of the credit union's SEGs.
See current membership details
Unhappy Customer
I applied for a car loan to refinance my recent purchase at a dealership. I was expecting a better interest rate than I got at the bank. I was told I was approved (my credit rating is in the upper 800's) but would need to supply the remainder of the information requested. After believing I would get a loan for the full amount I needed to refinance, and submitting all the information to them, I was then told I would only get part of the amount I originally applied for and would need to pay nearly $4000 out of pocket. I have been a member of First Harvest (previously Credit Lenders when I first joined at work) for over 20 years. They will no longer be getting my business.
Arranging Transactions To Charge More Fees
Yes, I knew I was going to have ONE transaction the bank was going to pay because I ran a bit short until my next pay check. I was going to take the 35.00 hit for the fee. I also paid 4 smaller bills 4 days prior to this ONE transaction that I was going to take the hit on Well, all of the bills conveniently hit on the same day and of course they put the ONE transaction I was going to take the hit for FIRST in line of all the electronic transactions and since it was the most expensive now ALL of my transactions bounced and I have 140.00 in fees. It took 3 phone calls to get an answer from the manager. Per management, nothing can be waived because they waived one fee one time last year! This bank takes advantage of people. Their customer service sucks. I've been a member for 17 years and this bank has went way down hill.
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3951 |
| Year Chartered | 1940 |
| Employees | 135 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.13% |
| Return on Equity - YTD | -2.17% |
| Annual Interest Income | $17.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $435.4MM$452.4MM |
| Loans | Q4 2024vs Q4 2023 | $269.2MM$272.3MM |
| Deposits | Q4 2024vs Q4 2023 | $388.4MM$380.5MM |
| Equity Capital | Q4 2024vs Q4 2023 | $26.1MM$24.4MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $2.2MM$2.6MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $2.1MM$2.8MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |