Arsenal Credit Union is headquartered in Arnold and is the 11th largest credit union in the state of Missouri. It is also the 884th largest credit union in the nation. It was established in 1948 and as of June of 2020, it had grown to 68 employees and 29,278 members at 5 locations. Arsenal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Arsenal Credit Union is open to those who live or work in the Missouri counties of Franklin, Jefferson, St. Francois, Ste. Genevieve, or St. Louis, or the City of St. Louis; or the Illinois counties of Madison, Monroe, Randolph or St. Clair. Those who live or work in specific Zip Codes in the Missouri counties of Camden (65049, 65065), Jasper (64801), Miller (65026), and Morgan (65072) are also eligible to join. Employees of the National Geospatial-Intelligence Agency, the Department of Veterans Affairs, and other Select Employer Groups in the St. Louis area also qualify, as do family members of current Arsenal Credit Union members.
See current membership details
Not Worth It
Another financial institution that uses the frivolous ChexSystems when you apply to open a deposit account ! (note that system does not really know my whole financial standing) It seems that they do not want people to deposit their money and they seem to be fine with it as their customer representative noted. They seem not to care about reviews either. May be they are interested in only collecting your personal information & data.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67195 |
| Year Chartered | 1948 |
| Employees | 68 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 6.88% |
| Annual Interest Income | $6.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $301.5MM$248.9MM |
| Loans | Q2 2020vs Q2 2019 | $194.1MM$174.3MM |
| Deposits | Q2 2020vs Q2 2019 | $268.0MM$218.7MM |
| Equity Capital | Q2 2020vs Q2 2019 | $30.2MM$25.9MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $2.1MM$1.7MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $2.1MM$2.7MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$49.00K |