The Ewing-based Credit Union of New Jersey has been named Best-In-State of New Jersey by Forbes, a global media company focusing on business, investing, technology, entrepreneurship, leadership and lifestyle.
Forbes partnered with market research firm Statista to produce a first-ever look at the Best-In-State Banks and Credit Unions.
Forbes staff writer Kurt Badenhausen explained that instead of gauging the balance sheets and P&L statements as Forbes does for its ranking of the 100 largest banks published annually in January, Statista surveyed more than 25,000 customers in the U.S. for their opinions on their current relationships.
He said that the banks and credit unions were rated on overall recommendations and satisfaction, as well as five sub-dimensions (trust, terms and conditions, branch services, digital services and financial advice). In total, 124 banks and 145 credit unions made the final cut or 2.4 percent of U.S. financial institutions.
Established in 1943, the $348 million Credit Union of New Jersey provides financial services to more than 39,000 members through five full-service offices located in Mercer and Burlington counties and an E-branch at cunj.org. Membership information and current rates may be obtained by calling 609-538-4061 or visiting cunj.org.
