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 2,628th largest credit union in the nation. It was established in 1957 and as of March of 2019, it had grown to 11 employees and 3,805 members at 2 locations. Befit Financial Federal Credit Union has a C+ 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
C+
Data as of Q1 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 | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.9% |
| Return on Equity - YTD | -10.41% |
| Annual Interest Income | $340.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $37.8MM$39.1MM |
| Loans | Q1 2019vs Q1 2018 | $28.2MM$28.6MM |
| Deposits | Q1 2019vs Q1 2018 | $34.2MM$35.5MM |
| Equity Capital | Q1 2019vs Q1 2018 | $3.3MM$3.4MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $56.00K$50.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $104.00K$50.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $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 |