About Us

About Us

What Is A Credit Union?

A credit union is a cooperative financial institution. It is owned and controlled by the people who use its services. These members belong to distinct groups that share something in common, such as where they work, live, go to church or school. All credit unions are not-for-profit. They exist to provide a safe, convenient place for members to save money and to receive loans and other services at reasonable rates.

Credit unions are closely regulated. They are overseen by the National Credit Union Administration, an agency of the federal government, and insured by the National Credit Union Share Insurance Fund. This fund protects the deposits of credit union members at more than 10,000 federal and state-chartered credit unions nationwide. All deposits are insured up to at least $250,000, with some such as IRAs insured up to $250,000.

What makes credit unions different from other financial institutions, such as banks or savings & loans? While they all accept deposits and make loans, banks and savings & loans are in business to make a profit. Those types of financial institutions are owned by groups of stockholders whose interests include earning a healthy return on their investments. Credit unions are focused on making sound financial decisions to benefit only their members, not outside investors.


Who We Are

United Teletech Financial is a not-for-profit financial cooperative serving our members and their families since 1967. Originally chartered to serve the needs of Bell Labs employees, membership to United Teletech Financial is now open to any person who lives, works, worships, attends school or volunteers in Monmouth and Ocean counties and portions of central Middlesex County.

United Teletech Financial has grown to over 380 sponsor companies and 24,000 members. As a financial cooperative, United Teletech Financial offers many of the same services and products as banks, with one significant difference - we're owned by our members. That means our earnings go right back to our membership in the form of better rates, fewer fees, and extra services!



Your credit union Board of Directors and Supervisory Committee are comprised of a number of professionals that offer their services to us, pro bono. We are proud of their commitment to our cooperative and are grateful for the many hours of service they give to us each year.

Board of Directors
Chairman R. A. Kluin
1st Vice Chairman M. Hou
2nd Vice Chairman D. Mahoney
Treasurer A. Weingartner
Secretary G. Harris
Director R. Dowd
Director R. Hodges
Supervisory Committee
Chairman I. Kurc
Member L. Ackerman
Member R.Weihs
Member C. Coari
Management Team
President/CEO Leo Ardine
Executive Vice President/CFO Francis James
Director of Compliance Kathleen Wandras
Director of Learning & Talent Development Connie Cinko



To become our members' premier financial partner.


Mission Statement

To ensure that every person benefits, every time.


Our Values

Providing all customers and team members with a unique value they cannot get from anyone else.

Creating an environment where team members willingly help each other without hesitation to deliver on our promise.

Treating each other in a way we wish to be treated.

Encouraging one another to enjoy the time we spend at work.

Providing service that exceeds expectations.

Listening, teaching and giving of oneself.

Striving to do better; to learn more and to help others improve.

Exercising good judgment based on corporate and personal values.

Taking responsibility for decisions and actions so that they support our core beliefs.

Balancing our work and home commitments.


Our Commitment

We will strive to ensure that every member interaction is one that makes that member want to come back to do business with us.