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A Long History of Putting Members First

Garden Savings Federal Credit Union was founded in 1968 to serve the financial needs of the employees who worked for AT&T Bell Laboratories (presently known as Alcatel-Lucent). In 1985, we expanded our field of membership to include other sponsor companies, as well as people who live, work, worship, volunteer or attend school in Newark, Elizabeth, or Jersey City. You may also join us if a member of your immediate family is a member of Garden Savings already.

Mission, Vision, and Values

Today, with over $350 million in assets, over 70 employees, and four branches, Garden Savings serves over 25,000 members, representing over 150 Select Employer Groups (organizations/companies). Although a lot has changed since we first opened our doors, one thing has and forever will remain the same — our commitment to our founding mission:

"To be our member's first choice in banking by forming a partnership they value most."

The core values of Garden Savings reflect those attributes we value most in our employees, members, business partners and in all our interactions. These core values do not change from time to time or person to person, but rather they are consistent attributes that underpin all of our daily activities. Our Promise is to never lose touch with these values.


Be enthusiastic, dedicated and committed to serving our members, fellow employees and the credit union.


Always treat others the way you would want them to treat you.


Take pride in your work and be accountable for your performance.

Members First

Our members always come first, and we’ll be flexible and nimble when handling their needs, even when requiring “out of the box” solutions.


Be trustworthy and never mislead our members, employees or business partners.


Be dedicated to providing a positive experience to our members in every situation


Be devoted to teaching our members financial literacy and providing job training and advancement opportunities to our employees

Not Just Another “Customer”

We've built our credit union on the foundation of superior member service which you will experience each and every day when you choose to do your banking with us.

Membership at Garden Savings is a special benefit to you and your family. Credit unions are not-for-profit financial cooperatives at which each and every member is a shareholder. Your initial $5 deposit is the beginning of your journey as a shareholder in the credit union, and solidifies your place as a member. When you and your family join our credit union you become members, not customers, who share in the success of the credit union. 

What You Can Expect from Us

Unlike other financial institutions, your credit union "gives back" its earnings to you in the form of lower interest rates on loans, higher dividends on savings, constantly evolving product and service offerings, and lower or no fee accounts.

Our member deposit accounts are insured up to $500,000. This exceptional level of coverage is attained through a combination of $250,000 in federal insurance provided by the National Credit Union Administration (NCUA) and $250,000 of private insurance by the Excess Share Insurance (ESI) Corporation.

As a member of Garden Savings, you will experience the highest level of service from our dedicated employees, who recognize that you are the most important asset of the credit union.

We want you to feel like family at our financial institution … different than any other banking experience you've had in the past. Join Garden Savings Federal Credit Union and experience an exciting new world of banking.

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Visit our YouTube channel to see what Garden Savings FCU can do for you.