Alcon Employees Federal Credit Union
LOCATIONS
1
View locations
HEALTH RATING
B+
View health report
CURRENT TOP RATE
0.20% APY
Shares
View all rates
Overview / Commentary
Alcon Employees Federal Credit Union is headquartered in Fort Worth and is the 231st largest credit union in the state of Texas. It is also the 2,982nd largest credit union in the nation. It was established in 1972 and as of June of 2020, it had grown to 6 employees and 3,072 members at 1 location. Alcon Employees Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees and retirees of Alcon Laboratories, Inc., Falcon Pharmaceuticals, Ltd., Alcon LenSx Inc., Alcon Research Inc., Alcon Refractive Horizons, LLC, or Novartis.
See current membership details
Health
B+
Data as of Q2 2020
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. Alcon Employees Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20990 |
| Year Chartered | 1972 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 1.71% |
| Annual Interest Income | $482.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $30.0MM$27.7MM |
| Loans | Q2 2020vs Q2 2019 | $17.9MM$15.1MM |
| Deposits | Q2 2020vs Q2 2019 | $23.7MM$21.6MM |
| Equity Capital | Q2 2020vs Q2 2019 | $6.2MM$6.1MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $15.00K$22.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $0$4.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |