North Jersey Federal Credit Union

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North Jersey Federal Credit Union

Global Alliances: Cooperativismo Without Borders

North Jersey Federal Credit Union partners with credit unions and cooperativas across the Caribbean and Latin America, extending the reach of member-owned financial services to the communities our members call home — and the ones they came from.

2 Regional Networks
5 Partner Cooperativas
3 Countries Represented

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One movement, many homes

The cooperative credit movement was built on a simple idea: people pooling resources to serve one another, not shareholders. Our alliances carry that idea across borders. Through formal Memoranda of Understanding, North Jersey Federal Credit Union and each partner cooperativa commit to sharing knowledge, supporting members who move between our communities, and strengthening the financial well-being of families on both ends of the relationship.

Caribbean

Dominican Republic Alliances

Three cooperativas rooted in the Cibao region of the Dominican Republic, each grown from a single parish or town into a cornerstone of its province’s financial life.

Cooperativa Vega Real (CVR)

La Vega, Dominican Republic · founded 1982

La Vega Real

Mission

To contribute to the integral development of its members, their families, and the community, strengthening the cooperative movement as it grows.

Vision

To be a leading, flexible socioeconomic organization committed to environmental protection and to the wellbeing of the communities it serves.

Visit La Vega Real's Website

Cooperativa de Ahorros y Créditos Maimón (COOPMAIMÓN)

Maimón, Monseñor Nouel, Dominican Republic · founded 1991

Maimón

Mission

To raise the standard of living of its members and their communities by offering quality financial and solidarity-based services grounded in cooperative principles and values.

Vision

To lead the national cooperative-financial market with an international presence, delivering secure, reliable, and transparent service to every member.

Visit Maimon's Site

Cooperativa San José, Inc.

San José de las Matas, Santiago, Dominican Republic · 70+ years of service

San José de las Matas

Mission

Backed by more than seven decades of experience, San José draws on a mature quality-management system to meet the needs and expectations of its members — transforming lives through the practice of solidarity economics.

Vision

To continually strengthen its institutional and social capital through innovative, transparent management, sustaining quality products and services while promoting financial stability and the development of human talent.

Visit San José de las Matas' Website

Latin America

Latin America Credit Union Alliances

A national cooperativa in Honduras and a second-tier union of 21 cooperativas across southern Ecuador — two different scales of the same commitment to cooperative finance.

Cooperativa Sagrada Familia

Comayagüela / Tegucigalpa, Honduras · founded 1968

Sagrada Familia

Mission

To contribute to the wellbeing of its membership and community with social responsibility, through innovative financial products and services, technological support, efficient processes, and committed people.

Vision

To lead the cooperative sector, driving dynamic and sustainable growth through innovative, digital socioeconomic programs that improve members’ quality of life.

Visit Sagrada Familia's Website

Unión de Cooperativas de Ahorro y Crédito del Sur (UCACSUR)

Cuenca, Ecuador · founded 2002 · 21 member cooperativas

UCACSUR

Mission

As the integration body for savings and credit cooperatives across southern Ecuador, UCACSUR unifies member cooperativas into a mutually supportive system, coordinating their development toward consolidation and shared strength.

Vision

To stand as the official, unified voice of its member cooperativas — advancing an orderly, participatory cooperative sector recognized by local, national, and international partners.

Visit UCACSUR's Website

Memorandum of Understanding

What our alliances mean, in practice

Each alliance is formalized through a signed Memorandum of Understanding between North Jersey Federal Credit Union and the partner organization. These agreements are not symbolic — they establish concrete channels of cooperation built on the same principles that define the credit union movement worldwide: member ownership, democratic governance, and mutual aid across borders.

01

Member Continuity

Supporting members and their families as they move between North Jersey and partner communities, so financial relationships don’t have to start over.

02

Knowledge & Technical Exchange

Sharing expertise in governance, technology, risk management, and financial education across the network of allied cooperativas.

03

Shared Cooperative Values

Reinforcing the founding cooperative principles — open membership, democratic control, and concern for community — across every partner relationship.

IRA2

Serving Our Members and North Jersey FCU community in New Jersey for over 85 years.

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Call 973-785-9200 | email: [email protected]

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