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1 Cooperative Way
Little Rock, AR 72209

Electric Cooperatives Credit Union is headquartered in Little Rock and is the 28th largest credit union in the state of Arkansas. It is also the 4,234th largest credit union in the nation. It was established in 1979 and as of March of 2014, it had grown to 3 employees and 2,385 members. Electric Cooperatives Credit Union has a B health rating.

Field of Membership Restrictions

Must be employees or directors of rural electric cooperatives within the State of Arkansas; and ERMCO, a wholly-owned subsidiary, located in Dyersburg, TN. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Electric Cooperatives Credit Union has a low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Electric Cooperatives Credit Union had $94,000 in non-current loans and owned real-estate with $1.14 million in equity and loan loss allowances on hand to cover it. This gives Electric Cooperatives Credit Union a Texas Ratio of 8.22% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Electric Cooperatives Credit Union experienced no significant changes from 8.46% as of March 31, 2013 to 8.22% as of March 31, 2014, resulting in a positive change of 2.85%.This indicates that the balance sheet and financial strength for Electric Cooperatives Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Electric Cooperatives Credit Union has increased its total deposits by $824,000, resulting in 8% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Electric Cooperatives Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Electric Cooperatives Credit Union has $12.25 million in assets with $1.14 million in equity, resulting in a capitalization level of 9.34%, which is average.

Institution Statistics

NCUA #23361
Year Chartered1979
Primary Regulator
Assets and Liabilities
Assets$12.25 million
Loans$5.95 million
Deposits$11.12 million
Equity Capital$1.08 million
Loan Loss Allowance$60,000
Unbacked Noncurrent Loans$94,000
Real Estate Owned$0
Historic Data - March 2013
Assets$11.34 million
Equity Capital$1.08 million
Loan Loss Allowance$54,000
Unbacked Noncurrent Loans$94,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.96%
Return on Assets-1.6%
Return on Equity-18.08%
Interest Income$127,000
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Electric Cooperatives Credit Union CD Rates

0.71%$1k-24 Month Share Certificate
0.51%$1k-12 Month Share Certificate

Electric Cooperatives Credit Union IRA Rates

0.71%$1k-24 Month IRA Certificate
0.51%$1k-12 Month IRA Certificate

Electric Cooperatives Credit Union Locations
Branch Office1 Cooperative WayLittle Rock, AR 72209