Acclaim Federal Credit Union
Acclaim Federal Credit Union is headquartered in Greensboro and is the 40th largest credit union in the state of North Carolina. It is also the 2,445th largest credit union in the nation. It was established in 1979 and as of December of 2018, it had grown to 20 employees and 7,126 members at 2 locations. Acclaim Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Acclaim Federal Credit Union is open to anyone (including family and household members) who is associated with the following SEGs: Avanti Salon & Spa, American Consumer Council, Fanatics, Guilford Realty, Dynamic Quest, Iron Eagle Tire & Body, Paparazzi, Randall Printing, Vanity Fair Brands, 1618, or the VF Corporation
See current membership details
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 23386 |
| Year Chartered | 1979 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.33% |
| Return on Equity - YTD | 3.4% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $44.2MM$41.7MM |
| Loans | Q4 2018vs Q4 2017 | $35.8MM$34.7MM |
| Deposits | Q4 2018vs Q4 2017 | $39.6MM$37.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $4.4MM$4.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $490.00K$278.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $1.0MM$937.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates for Acclaim Federal Credit Union are currently being reviewed.
| Acclaim Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1823 Banking St | Greensboro, NC 27408 |
| Branch Office | 1823 Banking St | Greensboro, NC 27408 |