Overview / Commentary
Acme Federal Credit Union is headquartered in Eastlake and is the 169th largest credit union in the state of Ohio. It is also the 3,684th largest credit union in the nation. It was established in 1939 and as of September of 2019, it had grown to 4 employees and 3,030 members at 3 locations. Acme Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of City of Eastlake, Servo Products Company, Orbis Mentor Plant and over 30 area employer groups.
See current membership details
Health
B
Data as of Q3 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 Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3447 |
| Year Chartered | 1939 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 3.5% |
| Annual Interest Income | $408.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $14.0MM$14.3MM |
| Loans | Q3 2019vs Q3 2018 | $6.2MM$6.4MM |
| Deposits | Q3 2019vs Q3 2018 | $11.3MM$11.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $2.7MM$2.6MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $45.00K$42.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $30.00K$33.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |