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Affinity Federal Credit Union Celebrates Grand Opening of Madison, NJ Branch

Affinity Federal Credit Union Celebrates Grand Opening of Madison, NJ Branch
Affinity Federal Credit Union Best High-Yield Savings by The Wall Street Journal Article
By: AffinityFCU

The new location is the NJ-based credit union’s 13th in the state and extends its member-centric mission to one of North Jersey’s most prominent communities

BASKING RIDGE, N.J. — June 6, 2023 — Affinity Federal Credit Union (“Affinity”) is celebrating the grand opening of its new branch in Madison, New Jersey with a community celebration and ribbon cutting on Tuesday, June 13, 2023 from 5:30 to 7:30 p.m. Located at 18 Elmer Street, the branch opened in May 2023 and brings Affinity’s mission of enhancing the financial wellbeing of its members and the local communities to Madison.

“Madison is widely recognized for its vibrant community and thriving business center,” said Kevin Brauer, CEO of Affinity. “We are thrilled to expand our footprint in Morris County and become a fixture within the Madison community, providing residents with the financial wellbeing support and resources they need to safeguard their financial futures and meet their money goals.”

Affinity was drawn to the area’s unique culture and community make-up, which includes Drew University and Fairleigh Dickinson University's Florham campus that educate more than 5,000 students combined. The organization is partnering with the North Jersey Chamber of Commerce to host the grand opening event, underscoring its commitment to forging new relationships with the local business community.

"Madison boasts a bustling local economy and a dynamic community that includes families, young professionals and college students,” said Shawn Lubitz, Vice President, Retail and Digital Branches at Affinity. “Affinity is dedicated to advancing the financial wellbeing of our members, and this new branch allows us to extend our commitment to Madison and its surrounding areas."

To celebrate the new branch, Affinity is offering an exclusive in-branch promotion to those who open certificates of deposit (CDs) between May 1, 2023, and June 30, 2023, providing a promotional rate of 4.85% Annual Percentage Yield (APY) on a 14-month certificate and 4.80% APY on a 22-month certificate.

Members of the Madison community are invited to register for the grand opening event hosted by the North Jersey Chamber. For more information, please visit

About Affinity Federal Credit Union

Affinity Federal Credit Union is a full-service financial institution, member-owned and community-focused, with a mission to nurture your financial wellbeing. With more than 20 branches across the tri-state area, Affinity is the largest credit union headquartered in the state of New Jersey, proudly ranking in the top 2% of all credit unions in terms of asset size1. The Affinity difference is about people helping people on a deeper level and understanding what YOU need to make your unique dreams a reality. For more information, please visit

1 Source: Using the “Credit Union and Corporate Call Report Data” found here:

Media Contact
Marissa Foy Comerford
Gregory FCA for Affinity Federal Credit Union