Overview / Commentary
Blue Flame Credit Union (AL) is headquartered in Mobile and is the 80th largest credit union in the state of Alabama. It is also the 4,211th largest credit union in the nation. It was established in 1954 and as of December of 2019, it had grown to 4 employees and 836 members at 1 location. Blue Flame Credit Union (AL)'s savings rates are 35% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Blue Flame CU, Alabama is open to the employees, retirees, and family members of people employed with Mobile Gas, Bay Gas, and Wilmut Gas.
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. Blue Flame Credit Union (AL) has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 64644 |
| Year Chartered | 1954 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 2.3% |
| Annual Interest Income | $346.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $7.7MM$7.6MM |
| Loans | Q4 2019vs Q4 2018 | $4.8MM$4.5MM |
| Deposits | Q4 2019vs Q4 2018 | $6.5MM$6.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.2MM$1.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $18.00K$15.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $24.00K$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |