Befit Financial Federal Credit Union
Overview / Commentary
Befit Financial Federal Credit Union is headquartered in Vacaville and is the 214th largest credit union in the state of California. It is also the 2,605th largest credit union in the nation. It was established in 1957 and as of December of 2018, it had grown to 9 employees and 3,862 members at 2 locations. Befit Financial Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of Kaiser Permanente, or any healthcare profession working or living in Solano, Napa, Sonoma, Marin, Contra Costa, Alameda, Yolo county.
See current membership details
Health
B
Data as of Q4 2018
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 | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.05% |
| Return on Equity - YTD | -0.57% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $37.9MM$38.8MM |
| Loans | Q4 2018vs Q4 2017 | $28.6MM$30.2MM |
| Deposits | Q4 2018vs Q4 2017 | $34.1MM$35.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $3.4MM$3.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $41.00K$68.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $21.00K$74.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates
Rates for Befit Financial Federal Credit Union are currently being reviewed.
Locations
| Befit Financial Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 640 E Main St | Vacaville, CA 95688-3933 |
| Branch Office | 145 Valle Vista Ave Ste G | Vallejo, CA 94590-2952 |