North Jersey Federal Credit Union has been designated as a Juntos Avanzamos (Together We Advance) Credit Union for its service to Hispanics and immigrants.
The National Federation of Community Development Credit Unions has presented the Juntos Avanzamos designation to 56 credit unions primarily in western states. North Jersey Federal, based in Totowa, about 12 miles north of Newark, is the first credit union in New Jersey to earn the designation.
The designation will support North Jersey Federal's efforts to expand its products and services to Hispanic immigrants including its use of the flexible Customer Identification Program that allows North Jersey Federal to provide loans to individuals who have Individual Tax Identification Number Cards or Matricula Consular Cards, which are given to Mexican immigrants by the Mexican Consulate.
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