 About the New Jersey Bureau of Parole Employees Credit Union
The Bureau of Parole Employees Credit Union (BOPECU) was founded on
August 4, 1972, and serves the current and former employees and their
immediate family members of the New Jersey State Parole Board, Division
of Parole and the New Jersey Department of Corrections (Central Office).
There are currently approximately 500 active members with the Credit
Union and total assets exceed 2.2 million dollars. CUNA Mutual Insurance
Company insures the BOPECU and each individual account is insured up to
$100,000.00 by the National Credit Union Administration. On an annual
basis, the New Jersey Division of Banking audits the BOPECU.
The BOPECU offers members interest bearing savings accounts with a
$500.00 minimum balance, with an account being opened for as little as $5.00.
We offer Certificates of Deposit as well as automobile and personal loans.
Members currently employed by the State of New Jersey can utilize direct
deposit, which enables members to have a specific amount of money
deducted from their paycheck and deposited directly into their savings
account. Deposits can also be made by personal check or money order.
Interest rates for savings accounts and Certificates of Deposit are very
competitive with other financial institutions. Members can withdraw funds
from their savings accounts by merely calling the Credit Union at 609-649-
3507. The check will be mailed the same day to your home. Account
statements are issued on a quarterly basis and 1099 forms are mailed to
members in January. Members can apply for personal or automobile loans
by downloading and mailing the loan application from our website with a
copy of your most recent pay stub to the above address. Loan applications are
processed within 2-5 days. Interest rates for automobile and personal loans
are also very competitive with financial institutions. JOIN TODAY !!
The BOPECU does not disclose any nonpublic personal information about
our members or former members to affiliates or non-affiliated third parties,
except as permitted by law. The BOPECU maintains physical, electronic
and personal safeguards that comply with Federal regulations.
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ABOUT THE BOPECU