Four Sixteen Federal Credit Union is now E53 Federal Credit Union

Four Sixteen Federal Credit Union has been serving its members/owners since the early 1950’s when Delco Battery Company was established. The Credit Union was originally chartered to serve the employees of Delco Battery Company. As the structure of the company changed, so did the Credit Union. In 1960, for better growth opportunities and to serve employees who worked in and around North Brunswick, Four Sixteen Federal Credit Union moved to 1380 Jersey Avenue and has developed into the full service Credit Union you see today. Although the Credit Union has grown and evolved over the years, it remains focused on delivering financial solutions to its members.

A solution that has recently surfaced is the acquisition of Four Sixteen Federal Credit Union by E53 Federal Credit Union. This acquisition was awarded by the National Credit Union Administration (NCUA) July 1, 2009. Headquartered in Linden, NJ, E53 has 5 branch locations and serves thousands of members/owners. With eighty million in assets, E53 is a top performing, financially solid, professional Credit Union in motion to serve thousands more.

E53 Federal Credit Union recently celebrated its 75th Anniversary and feels it is a fitting time to take advantage of growth opportunities. It is a new beginning and the birth of a new identity for the two Credit Unions as we move towards a full integration of operations. This news means that both Credit Unions will be stronger and better in virtually every way. You can look forward to a much larger branch network, thousands of ATMs, a 24/7 call center, member value perks, online banking, online bill pay,

E-statements, direct deposit and many other member/owner touch points.

In the coming months, while the integration is in progress, E53 will be introducing more products, more services, more expertise, more convenience and more opportunities. E53 is already in motion with operations of the Jersey Avenue branch and is looking forward to taking the Credit Union to the next level.

Communicating with you concerning acquisition news and updates to keep you well informed is extremely important to us. Therefore, it is important that you check this page often to stay abreast of new developments. Also we will communicate with you via monthly newsletters, direct mail and emails. We promise that we’ll make every effort to ensure as seamless a transition as possible so that you enjoy the superior levels of customer service and banking convenience that you deserve. As with all of our members, your interests are our number one priority. Rest assured that we will focus relentlessly on how we can create more value for you. With this acquisition, you can expect a more rewarding banking experience in the future.

We appreciate your support and patience through the transition of making the two families one. In the meantime, if you have any questions or concerns regarding the acquisition, please contact Business Development Manager, Bill Michenfelder at: 908.474.2343.

We look forward to great things in the future!