Welcome South Jersey Gas Employees Federal Credit Union Members

Welcome South Jersey Gas Employees Federal Credit Union Members
We’re excited to announce that on Wednesday, March 25, 2020 members of the South Jersey Gas Employees Federal Credit Union approved the merger into Jersey Shore Federal Credit Union.
Looking back at your 66-year history, you can take great pride in how SJGEFCU always put members first. This merger is yet another example of putting members first. Jersey Shore Federal Credit Union is honored with the overwhelming support of this partnership as, demonstrated during the member vote.

How To Conduct Transactions

To protect members and staff during the Coronavirus, all transactions will be completed by phone, email and mail. Members can call the Folsom Office at (609) 567-3945 between 10am and 2pm to request a check or assistance or they can email their request to SJGEFCU@yahoo.com. Please mail loan payments and other correspondence to 1110 Black Horse Pike, Suite C in Folsom, NJ 08037. You will be able to use Jersey Shore Federal Credit Union’s other branches starting June 1, 2020 once we fully integrate our data systems.

However, if you are looking to apply for a loan or open a special savings account with Jersey Shore Federal Credit Union because SJGEFCU doesn't offer it, you can open an account and apply for a loan online today.

Capital Distribution

You will receive an 8% capital distribution one week prior to the data system merge based on your regular share account balance as of September 30, 2019. This distribution will be reflected on your May 2020 statement activity.

Changes You Can Expect Now And In The Near Future

Loan rates now reflect those of Jersey Shore Federal Credit Union. However, any existing SJGEFCU loans will remain at their original rates until paid off. At this time, all share rates will remain the same. For the most part now, the credit unions will continue to operate as two separate entities until the completion of the data merger. Rest assured that we’ll be with you every step of the way to make this transition as easy as possible.

You will receive a Merger Guide in the mail early May with more information on the integration of the data systems and account changes. If you have any questions, please contact our Call Center at (609) 646-3339, option 2. You can also view the Merger Guide online: