Overview / Commentary
Acme Continental Credit Union is headquartered in Riverdale and is the 75th largest credit union in the state of Illinois. It is also the 2,436th largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 10 employees and 5,891 members at 2 locations. Acme Continental Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership eligibility for Acme Continental CU is open to anyone, as well as their family members, that resides, works, or attends church in the perimeters of S. of Calumet River, N. of 180,W. of 194 Bishop Ford Expressway, and E. of Woodstreet/Ashland. You will also qualify if you are a current, retired, or pensioner from any of our affiliated companies.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Acme Continental Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61230 |
| Year Chartered | 1937 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.43% |
| Return on Equity - YTD | 2.26% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $45.0MM$45.0MM |
| Loans | Q4 2019vs Q4 2018 | $20.2MM$19.4MM |
| Deposits | Q4 2019vs Q4 2018 | $35.5MM$35.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $8.6MM$8.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $345.00K$356.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $120.00K$169.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |