Jersey Shore is Strong & Stable
We’re
very proud that even in a trying economic climate we continue to help
our members meet their financial goals. Our board of directors,
committee volunteers and staff work very hard to make sure your credit
union remains a strong, viable financial establishment. We do not invest
in subprime lending or any other uncertain products. We are well
positioned to serve you now and in the future for all of your financial
needs.
We Follow Sound Practices
Auditors and examiners
review our procedures, our documents and our compliance with
regulations. You can rest assured that we consistently receive high
marks. Jersey Shore Federal Credit Union appreciates the loyalty,
support, and trust you, our members, have given to us. We will continue
to operate in your best interests.
Your Money Is Safe
Your
deposits are insured by the National Credit Union Share Insurance Fund
up to $250,000 for savings and up to an additional $250,000 for IRAs.
Not one penny of insured savings has ever been lost by a member of a
federally insured credit union. Visit the National Credit Union
Administration's website for more information about our deposit
insurance.
Contact Our CEO
Do not hesitate to contact our CEO James Burns directly with any questions
or concerns. His direct line is 609-646-3339, ext *132. You can also send
an email to jburns@jerseyshorefcu.org. Thank you for your support and trust!
It all began with just $65!
In 1963, James John Benson, an
assistant chief air traffic controller at the FAA William J. Hughes
Technical Center, founded what is now known as the Jersey Shore Federal
Credit Union. Benson wrote a letter to the New Jersey Credit Union
League in 1962 noting that potentially 90 employees were interested in
starting a credit union. Because 90 was short of the number needed to
start a credit union, the League office simply held the letter on file.
One
year later, John Kiterling, a League representative, reviewed the
letter. Kiterling contacted Jim and discovered that the membership
potential had increased to 200, enough to warrant organizing a credit
union. Benson and Kiterling eventually met, and with just $25 for the
charter and $40 for supplies, the credit union finally got off the
ground.
The Certificate of Organization for the FAA Pomona Federal
Credit Union was signed on March 1, 1963. Benson contributed many years
of tireless service as president of the board of directors.
The
credit union went through several name changes over the years. On May 1,
2005, it was officially named Jersey Shore Federal Credit Union to
better reflect the more than 200 area businesses and organizations we
had grown to serve in the Jersey Shore area. Then, on September 26,
2005, our charter was modified, allowing us to provide complete
financial services to anyone who lives, works, worships, volunteers or
attends school in Atlantic and Cape May counties. Today, with over $250
million in assets, Jersey Shore Federal Credit Union proudly helps over
14,000 members meet their financial goals.
