About Us

Helping you achieve your personal goals.

Photo by Jason Gambone.
Camden at Sunset

Our Story

The history of Rutgers Federal Credit Union (RFCU)

The RFCU Mission Statement: Helping the Rutgers University community with life's financial challenges.

Organized in 1954, RFCU began helping faculty and staff and their families reach their financial goals. Over the years, we have since included UMDNJ, students, and partnered with a variety of Rutgers University organizations. Today, Rutgers Federal Credit Union has over $83 million in assets and over 8,100 members. Our member deposits are insured up to $250,000 by the National Credit Union Insurance Fund (NCUSIF), a federal government agency. With an unwavering commitment to continually invest in our members and the Rutgers community, we strive to provide personalized service in everything we do.

Goals for today and tomorrow

At RFCU, our goal is to be your lifelong financial partner, helping you make healthy long-term financial decisions. To do that, we ask questions. We listen. We suggest products and services that best meet your unique and individual needs.

Giving back to the Rutgers community

When you become an RFCU member, your money works for you and for the community. This people-first philosophy is at the heart of why our board members and employees get involved in the local community through charitable and other worthwhile causes. At RFCU, we invest, support, and volunteer in many community outreach programs. We sponsor campus events such as The Big Chill, help raise funds for Rutgers Against Hunger, the Children’s Miracle Network on behalf of Children’s Specialized Hospital, and offer free campus-wide financial educational seminars.

The credit union difference

Like all credit unions, Rutgers Federal Credit Union is a not-for-profit organization. We exist solely to serve you – our members and the Rutgers community. Once operating expenses are met, we return profits to our members in the form of higher interest on savings, lower interest rates on loans, and valuable new products, services, and convenient technologies. It’s not how banks do it, but it’s what makes us…well, us.

And while both credit unions and banks offer similar products and services, it’s important to understand how credit unions are different, and the reason why credit unions remain a necessary and extremely popular financial alternative for millions of Americans.

7 Cooperative Principles of Credit Unions

Credit unions promote the financial well-being of its members and follow Seven Cooperative Principles.