Headquartered in Springfield, New Jersey, I.L.A. Local 1235 Federal Credit Union is a federal credit union with $7.5M in total assets and $6.5M in member shares and deposits as of Q2 2026. It operates 2 offices. Its charter dates back to 1981.
Based on its Q2 2026 filing, I.L.A. Local 1235 Federal Credit Union scores 73/100, which we describe as strong. That is higher than only 47% of 2,479 credit unions with under $100 million in assets. Among 126 credit unions headquartered in New Jersey, it ranks 44th. Its strongest component is problem-loan coverage (98/100; 1.2%), and its lowest is earnings (35/100; 0.37%).
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
The score has been essentially flat from Q2 2025 to Q2 2026 (74 → 73).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 52 |
| Q3 2024 | 49 |
| Q4 2024 | 46 |
| Q1 2025 | 55 |
| Q2 2025 | 74 |
| Q3 2025 | 75 |
| Q4 2025 | 70 |
| Q1 2026 | 72 |
| Q2 2026 | 73 |
Show as table
| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 13.67% |
| Q3 2024 | 13.64% |
| Q4 2024 | 12.46% |
| Q1 2025 | 12.07% |
| Q2 2025 | 12.10% |
| Q3 2025 | 12.54% |
| Q4 2025 | 11.94% |
| Q1 2026 | 11.84% |
| Q2 2026 | 11.99% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 2.75% |
| Q3 2024 | 3.09% |
| Q4 2024 | 2.71% |
| Q1 2025 | 1.71% |
| Q2 2025 | 0.18% |
| Q3 2025 | 0.25% |
| Q4 2025 | 0.25% |
| Q1 2026 | 0.23% |
| Q2 2026 | 0.21% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | -0.14% |
| Q3 2024 | -0.17% |
| Q4 2024 | -0.93% |
| Q1 2025 | -0.27% |
| Q2 2025 | 0.36% |
| Q3 2025 | 0.48% |
| Q4 2025 | 0.04% |
| Q1 2026 | 0.23% |
| Q2 2026 | 0.37% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 73 | $7.5M | 11.99% | 0.21% | 0.37% | 81.6% |
| Q1 2026 | 72 | $7.5M | 11.84% | 0.23% | 0.23% | 76.0% |
| Q4 2025 | 70 | $7.4M | 11.94% | 0.25% | 0.04% | 76.1% |
| Q3 2025 | 75 | $7.2M | 12.54% | 0.25% | 0.48% | 80.3% |
| Q2 2025 | 74 | $7.4M | 12.10% | 0.18% | 0.36% | 75.5% |
| Q1 2025 | 55 | $7.2M | 12.07% | 1.71% | -0.27% | 72.3% |
| Q4 2024 | 46 | $7.1M | 12.46% | 2.71% | -0.93% | 70.3% |
| Q3 2024 | 49 | $6.9M | 13.64% | 3.09% | -0.17% | 73.7% |
| Q2 2024 | 52 | $6.9M | 13.67% | 2.75% | -0.14% | 74.5% |
2,479 peers · Under $100 million in assets
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 |
|---|---|---|---|---|---|
| Passaic Police Federal Credit UnionCredit union Passaic, NJ | 78 out of 100, Strong | $7.4M | 15.4% | 2.51% | vs |
| Saker Shop Rite Federal Credit UnionCredit union Holmdel, NJ | 55 out of 100, Moderate | $7.3M | 25.5% | 3.80% | vs |
| Fort Dix Federal Credit UnionCredit union Joint Base MDL, NJ | 46 out of 100, Below average | $7.3M | 10.7% | 4.54% | vs |
| New Jersey State Pba Federal Credit UnionCredit union Woodbridge, NJ | 71 out of 100, Strong | $7.2M | 15.5% | 0.41% | vs |
| Public Service H C Employees Federal Credit UnionCredit union Brick, NJ | 74 out of 100, Strong | $7.1M | 39.5% | 1.89% | vs |
| Ocnac #1 Federal Credit UnionCredit union Jersey City, NJ | 68 out of 100, Moderate | $7.1M | 12.4% | 2.02% | vs |
Deposit insurance
Is my money safe at I.L.A. Local 1235 Federal Credit Union?
Yes. I.L.A. Local 1235 Federal Credit Union is a federally insured credit union (NCUA charter #23807). 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 0.0% of shares and deposits ($0) are above the $250,000 NCUA insurance limit, close to the peer median of 1%. Insured balances are protected regardless of the score.
The net worth ratio is 11.99%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
2 locations
Branches
I.L.A. Local 1235 Federal Credit Union lists 2 offices in 2 cities. Most locations:
- Cranford, NJ (1)
- Laurence Harbor, NJ (1)
Identity & history
Profile
- Legal name
- I.L.A. Local 1235 Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 23807
- RSSD ID
- 976897
- Primary regulator
- NCUA
- Established
- 1981
- Headquarters
- 327 Milltown RD, Springfield, NJ 07081
- Employees
- 3
Quick answers
I.L.A. Local 1235 Federal Credit Union: common questions
Is I.L.A. Local 1235 Federal Credit Union NCUA insured?
Yes. I.L.A. Local 1235 Federal Credit Union is a federally insured credit union (NCUA charter #23807). 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 I.L.A. Local 1235 Federal Credit Union's TellerScore?
73 out of 100 (Strong), 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 I.L.A. Local 1235 Federal Credit Union have?
2 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Springfield
| 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 |
| Hana Bank USA, National AssociationBank Fort Lee, NJ | 88 out of 100, Very strong | $835.2M | 25.4% | 0.00% | vs |