Garden Savings Federal Credit Union (NCUA charter #18710) is based in Parsippany, New Jersey. Its Q2 2026 call report shows $495.5M in total assets and $423.3M in member shares and deposits and 7 offices.
Garden Savings Federal Credit Union has a TellerScore of 49 out of 100 (below average) based on Q2 2026 data — higher than only 5% of its 1,341 credit unions with $100 million – $1 billion. Among 126 credit unions headquartered in New Jersey, it ranks 112th. Problem-loan coverage contributes the most (75/100, 12.3%); earnings contributes the least (30/100, 0.26%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (46 → 49), mostly because the earnings component improved by 30 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 51 |
| Q3 2024 | 48 |
| Q4 2024 | 44 |
| Q1 2025 | 46 |
| Q2 2025 | 46 |
| Q3 2025 | 46 |
| Q4 2025 | 45 |
| Q1 2026 | 50 |
| Q2 2026 | 49 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 8.57% |
| Q3 2024 | 8.60% |
| Q4 2024 | 8.15% |
| Q1 2025 | 8.04% |
| Q2 2025 | 7.95% |
| Q3 2025 | 8.23% |
| Q4 2025 | 8.37% |
| Q1 2026 | 8.44% |
| Q2 2026 | 8.45% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.75% |
| Q3 2024 | 1.07% |
| Q4 2024 | 1.17% |
| Q1 2025 | 0.96% |
| Q2 2025 | 0.95% |
| Q3 2025 | 1.08% |
| Q4 2025 | 1.38% |
| Q1 2026 | 1.34% |
| Q2 2026 | 1.29% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | -0.29% |
| Q3 2024 | -0.16% |
| Q4 2024 | -0.69% |
| Q1 2025 | -0.45% |
| Q2 2025 | -0.53% |
| Q3 2025 | -0.35% |
| Q4 2025 | -0.22% |
| Q1 2026 | 0.42% |
| Q2 2026 | 0.26% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 49 | $495.5M | 8.45% | 1.29% | 0.26% | 85.9% |
| Q1 2026 | 50 | $494.8M | 8.44% | 1.34% | 0.42% | 82.8% |
| Q4 2025 | 45 | $492.7M | 8.37% | 1.38% | -0.22% | 82.8% |
| Q3 2025 | 46 | $498.8M | 8.23% | 1.08% | -0.35% | 83.0% |
| Q2 2025 | 46 | $508.4M | 7.95% | 0.95% | -0.53% | 81.0% |
| Q1 2025 | 46 | $512.3M | 8.04% | 0.96% | -0.45% | 80.8% |
| Q4 2024 | 44 | $429.5M | 8.15% | 1.17% | -0.69% | 84.8% |
| Q3 2024 | 48 | $436.1M | 8.60% | 1.07% | -0.16% | 85.7% |
| Q2 2024 | 51 | $436.5M | 8.57% | 0.75% | -0.29% | 85.8% |
1,341 peers · $100 million – $1 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in New Jersey
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Harvest Federal Credit UnionCredit union Deptford, NJ | 53 out of 100, Below average | $484.5M | 8.0% | 0.96% | vs |
| Proponent Federal Credit UnionCredit union Nutley, NJ | 70 out of 100, Strong | $508.8M | 14.5% | 1.22% | vs |
| Credit Union of New Jersey, aCredit union Ewing, NJ | 72 out of 100, Strong | $512.8M | 10.6% | 0.93% | vs |
| Picatinny Federal Credit UnionCredit union Dover, NJ | 65 out of 100, Moderate | $459.1M | 9.4% | 0.70% | vs |
| First Atlantic Federal Credit UnionCredit union Eatontown, NJ | 86 out of 100, Very strong | $332.2M | 13.8% | 0.79% | vs |
| Financial Resources Federal Credit UnionCredit union Branchburg, NJ | 31 out of 100, Low | $659.0M | 8.9% | 3.35% | vs |
Deposit insurance
Is my money safe at Garden Savings Federal Credit Union?
Yes. Garden Savings Federal Credit Union is a federally insured credit union (NCUA charter #18710). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 2.4% of shares and deposits ($10.1M) are above the $250,000 NCUA insurance limit, below the peer median of 6%. Insured balances are protected regardless of the score.
The net worth ratio is 8.45%, slightly above the 7% level regulators use as the "well capitalized" benchmark for this measure.
7 locations
Branches
Garden Savings Federal Credit Union lists 7 offices in 7 cities. Most locations:
- Brick, NJ (1)
- Dover, NJ (1)
- Manchester, NJ (1)
- Newark, NJ (1)
- Parlin, NJ (1)
- Parsippany, NJ (1)
- South Orange, NJ (1)
HMDA 2025
Mortgage lending
In 2025, Garden Savings Federal Credit Union reported 158 home-loan applications under HMDA (LEI 549300I7SKMG274G2Y20): 77 originated ($12,555,000 total), 66 denied, and 13 withdrawn or closed by the applicant. Its denial rate on decided applications was 45.5%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Garden Savings Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 18710
- RSSD ID
- 199481
- Primary regulator
- NCUA
- Established
- 1968
- Headquarters
- 129 Littleton Road, Parsippany, NJ 07054
- Employees
- 82
Quick answers
Garden Savings Federal Credit Union: common questions
Is Garden Savings Federal Credit Union NCUA insured?
Yes. Garden Savings Federal Credit Union is a federally insured credit union (NCUA charter #18710). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Garden Savings Federal Credit Union's TellerScore?
49 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Garden Savings Federal Credit Union have?
7 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Parsippany
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Bank of New York Mellon Trust Company, National AssociationBank Los Angeles, CA | 100 out of 100, Very strong | $1.4B | 63.5% | 0.00% | vs |
| Wakefern Federal Credit UnionCredit union Elizabeth, NJ | 99 out of 100, Very strong | $12.0M | 24.3% | 0.13% | vs |
| NorthEast Community BankBank White Plains, NY | 90 out of 100, Very strong | $2.1B | 17.3% | 0.00% | vs |
| Division 819 Transit Employees Credit UnionCredit union Irvington, NJ | 88 out of 100, Very strong | $16.7M | 17.9% | 1.02% | vs |
| Local 1233 Federal Credit UnionCredit union Newark, NJ | 88 out of 100, Very strong | $14.1M | 17.9% | 0.27% | vs |
| Lusitania Savings BankBank Newark, NJ | 86 out of 100, Very strong | $418.1M | 15.0% | 0.19% | vs |