Skip to content
GAFCU symbol banner

Our Story

Greater Alliance is a forward-thinking and growing credit union built upon more than 85 years of commitment to members, community and service. Greater Alliance was founded in 1937 when five dedicated educators chartered, what was then known as Central Bergen Teacher’s Federal Credit Union. The organization began to expand its field of membership in the mid-1980s under the sanction of the NCUA (National Credit Union Administration) to include a diverse mix of employee groups and associations – and became known as Central Bergen Federal Credit Union.

From that humble beginning in 1937, established primarily for the purpose of serving teachers and their immediate families, we expanded our field of membership in February of 2005 and changed our name to Greater Alliance Federal Credit Union. Today, Greater Alliance has grown into a premier community credit union in NJ, owned by its over 23,000 members and is fully committed to the financial well-being of the families, businesses and communities where we serve.

 Our Philosophy

We are a NOT FOR PROFIT organization – All profits go back to You, not shareholders like at a bank. When you open an account at Greater Alliance, you are much more than a member, you are a part owner of a financial alliance. Our goal is to provide the highest quality financial services, through commitment and strength, exceeding the expectations of our members within the communities we serve.

 Our Mission

To provide the highest quality financial services, through commitment to excellence and financial strength, exceeding the expectations of our members and employees.

 Our Vision

Commitment to making a positive difference in the financial lives of our members and in the community we serve. We want to be the financial institution that our members choose first, use the most and grow with throughout their lives.

 Core Values

The Credit Union understands member needs and expectations and strives to exceed them. This includes consistently delivering services in a professional and caring manner, worthy of member-owners.

The Credit Union is a trustworthy and reliable source for finding and providing the right solution to meet members’ needs.

The Credit Union is moving towards becoming more innovative and continues to find simpler, smarter and more convenient and accessible ways to help people bank. It is motivated to stay a step ahead of other financial institutions in the coming years.

We believe that genuine care and concern for our Members’ needs are essential to building relationships. This care and concern is primary to all decision-making.

 Community Commitment

At Greater Alliance, we do more than live and work in the communities we serve – we also give back to them. As a not-for-profit financial institution, our gains contribute to better services for our members and opportunities for all of our neighbors to elevate their quality of life.

We support organizations and activities that offer individual advancement through education, health services and more.

 Employee Commitment

Giving back is a passion that is lived throughout our organization, and we’re proud of our employees. Every day, they bring their skills and best selves to provide extraordinary experiences to our members. They also embrace our values of enhancing lives by giving back to our communities and volunteering.

 Member Eligibilty

Greater Alliance Federal Credit Union Membership is open to any who:

  • Lives
  • Works
  • Worships
  • Attends School
  • Regularly Conducts Business in the listed counties
  • Immediate family members includes spouse, parent, stepparent, child, stepchild, sibling, stepsibling, grandchild, grandparent, or great grandparent.

(Serving: Bergen and Passaic Counties)