Four business professionals reviewing documents together outside a modern glass office building

A zero-cost employee benefit

A better bank for your team — and it costs your business nothing.

Central Jersey Federal Credit Union partners with local employers to offer full membership as a free employee benefit through our Select Employee Group program.

Request SEG partnership info How it works

The plain-language version

What is a Select Employee Group?

When your business becomes a SEG, every one of your employees becomes eligible to join Central Jersey Federal Credit Union and access member-owned banking. It's a benefit you add once — then simply offer.

Sign a simple SEG agreement

Your business completes one straightforward SEG agreement — no funding, no payroll wiring, no ongoing paperwork.

Your employees become eligible

From that point on, every current and future employee is eligible for full membership — they can join whenever they're ready.

They bank with a not-for-profit

Your people bank with an institution that returns value to members, not shareholders — so rates and fees work in their favor.

The math is simple

You give your team a benefit worth having. The cost and the effort on your side round to nothing.

Cost to your business — ever

0 hrs

Of admin per pay period

100%

Of your employees eligible

No payroll integration required, no funding on your part — you offer it, we handle the banking.

What your people actually get

Member-owned banking that works in your employees' favor.

Because we're a not-for-profit credit union, earnings return to members through lower loan rates, fewer fees, and everyday services built for people — not profit margins.

Everyday value, every payday

Lower-rate loans across the board

Member-owned pricing means more of your paycheck stays yours — on the borrowing that matters most.

Mortgage
Home Equity
Vehicle
Personal
Share Secured

Overdraft Line of Credit

A built-in safety net that keeps everyday spending covered.

Credit & Debit Cards

Everyday cards backed by member-first rates and fees.

Deposit Accounts

Checking and savings built to grow with your team.

Competitive Rates & Fees

Pricing set to benefit members, not shareholders.

Reorder Checks & Everyday Services

The full toolkit of member banking, ready when they need it.

For the skeptical HR buyer

Most perks cost you money and effort. This one doesn't.

Here's the honest comparison between adding a typical benefit and adding CJFCU membership as a Select Employee Group.

Adding a typical perk

The usual burden

A monthly per-head cost that scales with headcount
Vendor contracts and renewal negotiations
Ongoing benefits-team admin every cycle
Limited use — a perk most employees forget about

Adding CJFCU membership as a SEG

The Forward Motion way

$0 to the business — no per-head cost, ever
No contract fees and no funding on your part
Near-zero admin — one agreement, then we handle it
A benefit employees actually use — every payday

Straightforward from start to finish

Becoming a SEG in 3 steps

Request info & confirm eligibility

Reach out and we'll confirm your business qualifies for our Select Employee Group program — usually in a single short conversation.

Request SEG eligibility check

Complete the SEG documents

Fill out and return the SEG application and agreement. We'll walk you through every field.

SEG Application Form SEG Agreement & Disclosures

Announce it to your team

We provide ready-to-use onboarding materials so you can announce the benefit and help employees get started.

Employee Announcement Kit

Once eligible, your employees can Become a Member online in minutes — no branch visit required.