Overview / Commentary
Arcade Credit Union is headquartered in Asheville and is the 61st largest credit union in the state of North Carolina. It is also the 4,288th largest credit union in the nation. It was established in 1952 and as of June of 2020, it had grown to 3 employees and 926 members at 1 location. Arcade Credit Union has a B health rating.
Field of Membership Restrictions
Arcade Credit Union is open to Federal Building, Federal Building Courthouse, and CU-affiliated SEG employees/retirees and their immediate family members.
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. Arcade Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62114 |
| Year Chartered | 1952 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.17% |
| Return on Equity - YTD | -1.35% |
| Annual Interest Income | $112.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $7.0MM$7.0MM |
| Loans | Q2 2020vs Q2 2019 | $3.8MM$4.0MM |
| Deposits | Q2 2020vs Q2 2019 | $6.1MM$6.0MM |
| Equity Capital | Q2 2020vs Q2 2019 | $892.00K$896.00K |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $9.00K$9.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $58.00K$9.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |