Overview / Commentary
Azalea City Credit Union is headquartered in MOBILE and is the 52nd largest credit union in the state of Alabama. It is also the 2,891st largest credit union in the nation. It was established in 1954 and as of June of 2020, it had grown to 11 employees and 3,732 members at 3 locations. Azalea City Credit Union has a B+ health rating.
Field of Membership Restrictions
Azalea City CU is open to anyone who resides, works, or worships in Mobile, Baldwin, Washington or Clark counties or the surrounding areas.
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. Azalea City Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68224 |
| Year Chartered | 1954 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 4.29% |
| Annual Interest Income | $706.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $32.0MM$27.2MM |
| Loans | Q2 2020vs Q2 2019 | $18.5MM$18.5MM |
| Deposits | Q2 2020vs Q2 2019 | $28.0MM$23.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $4.0MM$3.7MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $554.00K$630.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $373.00K$762.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$12.00K |