Overview / Commentary
Baycel Federal Credit Union is headquartered in Bay City and is the 161st largest credit union in the state of Texas. It is also the 2,010th largest credit union in the nation. It was established in 1963 and as of December of 2024, it had grown to 12 employees and 5,429 members at 4 locations. Baycel Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Baycel Federal Credit Union is open to those who work, attend school, worship or live in Matagorda County. Immediate family and household members are also eligible for membership.
See current membership details
Health
B+
Data as of Q4 2024
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. Baycel Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15563 |
| Year Chartered | 1963 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.91% |
| Return on Equity - YTD | 9.07% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $81MM$83.2MM |
| Loans | Q4 2024vs Q4 2023 | $35.8MM$34.5MM |
| Deposits | Q4 2024vs Q4 2023 | $63.7MM$67.4MM |
| Equity Capital | Q4 2024vs Q4 2023 | $17.1MM$15.5MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $152K$136K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $423K$243K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |