Linda McFadden

Linda McFadden

XCEL Federal Credit Union

On Jul 30, 2014

XCEL Federal Credit Union is celebrating our 50th anniversary. So much has changed over these past five decades. When we opened up shop, we only offered basic savings accounts and worked out of a desk drawer. Now we offer Remote Mobile Check Deposit from your smart phone, Shared Branching (+5,000) and ATMs (+38,000), CDs, Money Markets, First Mortgages, Home Banking, Auto Loans, and so much more. Now, for the fourth year in a row, we have been named One of the Best Places to Work in New Jersey! And, we were named the Credit Union of the Year for NJ for 2012! And, best of all, we just earned our first national award. The National Association of Federal Credit Unions (NAFCU) has named us the 2014 Credit Union of the Year!

Until September 11th, we were headquartered in the World Trade Center (Tower 1 – 17th Floor), but now we call North Jersey our home. But from that tragedy came a new way to do banking. On September 10th of that year, about 4 – 7 percent of our transactions were done remotely by our members – meaning through home banking or phone banking, or ATMs. Then the tragedy struck. Our members still needed to access their money even though the building was no longer there. So, they taught themselves how to use their computers to access their accounts. Today, nearly 91 percent of transactions are done through their touchtone phones, the internet, their smart phones, our shared branching and shared ATMs, or through our own advanced ATMs. It’s pretty amazing to see. It shows the resilience of our nation and our members. XCEL is proud of our history and excited about our future. Every company in New Jersey should have a credit union – it’s a free benefit for your employees. Call us today.

 

VITAL STATS

Years with Firm  
  • 14 years (last 7 as CEO)
Awards
  • 4 times – One of the Best Places to Work in New Jersey (NJBIZ)
  • 2012 Credit Union of the Year (NJ Credit Union League)
  • 2013 Credit Union of the Year (National Association of Federal Credit Unions)
  • 2012 Good Neighbor Award (Suburban Essex Chamber of Commerce)
  • 4 times – One of NJ’s Top Credit Unions (NJBIZ)
Affiliations
  • New Jersey Credit Union League
  • Credit Union National Association
  • National Association of Federal Credit Unions
  • Morris County Chamber of Commerce
  • Meadowlands Regional Chamber of Commerce
Contact Info

XCEL Federal Credit Union
1460 Broad Street, Bloomfield, NJ  07003-3014

Office: 800-284-8663  x3014
Fax: 201-714-5747

Website: www.XCELfcu.org
Facebook: www.Facebook.com/XCELfcu