Overview / Commentary
Baycel Federal Credit Union is headquartered in Bay City and is the 164th largest credit union in the state of Texas. It is also the 2,114th largest credit union in the nation. It was established in 1963 and as of December of 2021, it had grown to 10 employees and 4,748 members at 2 locations. Baycel Federal Credit Union has an A 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
A
Data as of Q4 2021
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 | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.19% |
| Return on Equity - YTD | 6.6% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $75.7MM$66.9MM |
| Loans | Q4 2021vs Q4 2020 | $30.0MM$30.9MM |
| Deposits | Q4 2021vs Q4 2020 | $61.9MM$53.9MM |
| Equity Capital | Q4 2021vs Q4 2020 | $13.5MM$12.7MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $107.00K$147.00K |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $172.00K$538.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |