Established in 1953, Paterson Police Federal Credit Union has been dedicated to providing exceptional financial products to members of the Paterson Police Department in Paterson, NJ. Led by Danny Nichols and supported by John Russo and John Altonjy, the credit union has grown its membership to over 1000 and boasts assets of more than $5,000,000, offering a range of loan products and savings accounts with competitive interest rates.
As a member-owned, not-for-profit financial institution, Paterson Police Federal Credit Union operates under state and federal regulations, with membership limited to active and retired Paterson Police Officers. With deposits fully insured up to $250,000 by the NCUA, the credit union strives to meet the financial needs of its members while maintaining a democratic and association-driven approach to its operations.
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