Befit Financial Federal Credit Union
Overview / Commentary
Befit Financial Federal Credit Union is headquartered in Vacaville and is the 215th largest credit union in the state of California. It is also the 2,627th largest credit union in the nation. It was established in 1957 and as of December of 2019, it had grown to 12 employees and 3,526 members at 2 locations. Befit Financial Federal Credit Union has a B health rating.
Field of Membership Restrictions
Befit Financial FCU is open to employees of Kaiser Permanente, or any healthcare professional who lives or works in Alameda, Costa, Contra, Sacramento, Yolo, Napa, Sonoma, or Solano counties.
See current membership details
Health
B
Data as of Q4 2019
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. Befit Financial Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11943 |
| Year Chartered | 1957 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0% |
| Return on Equity - YTD | -0.03% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $37.2MM$37.9MM |
| Loans | Q4 2019vs Q4 2018 | $26.9MM$28.6MM |
| Deposits | Q4 2019vs Q4 2018 | $33.8MM$34.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.4MM$3.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $75.00K$41.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $72.00K$21.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |