Get to Know: OCNAC #1

OCNAC #1 in jersey city, NJ — 2K members, $7M in assets, chartered 1949. Key facts and most recent NCUA Call Report figures.

By CU Wire Staff·May 22, 2026 · 16:00 ET·1 min read·2 primary sources

OCNAC #1 is a federal credit union headquartered in jersey city, NJ, chartered in 1949. Here are the key facts and most recent NCUA Call Report figures.

The basics

Headquarters: jersey city, NJ
Chartered: 1949
Charter type: Federal credit union (charter #5987)
CEO: Ivette Gamba
Members: 2,127
Total assets: $7,065,327
Designations: Low-Income Designated, Minority Depository Institution
Website: ocnac.com

Performance (2026-Q1)

Net worth ratio: 12.31%
Return on assets: 1.48%
Delinquency: 4.21%
Net charge-offs: 7.60%
Loan-to-share: 26.5%
Net interest margin: 5.65%
Efficiency ratio: 59.8%

See OCNAC #1's full financial profile on CU Wire Data →

Source: NCUA Call Report, 2026-Q1. Figures are as reported by the credit union.

Corrections & updates

What's changed since publication

This story was published May 22, 2026. There are no corrections or updates at this time. Errors are logged on the public corrections log, dated. The original text is not silently rewritten.

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