Overview / Commentary
Altaone Federal Credit Union is headquartered in Ridgecrest and is the 67th largest credit union in the state of California. It is also the 479th largest credit union in the nation. It was established in 1947 and as of March of 2025, it had grown to 168 employees and 59,147 members at 12 locations. Altaone Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school in Kern, Inyo, Mono County or selected communities in northern San Bernardino County. Membership is also open to immediate family of existing members.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5612 |
| Year Chartered | 1947 |
| Employees | 168 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.05% |
| Return on Equity - YTD | 0.86% |
| Annual Interest Income | $11.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $945.8MM$826.8MM |
| Loans | Q1 2025vs Q1 2024 | $750.2MM$624MM |
| Deposits | Q1 2025vs Q1 2024 | $855.2MM$755.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $57.5MM$56MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $12.8MM$9.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5.8MM$3.7MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $442K$0 |
