Overview / Commentary
Brown-Forman Employees Credit Union is headquartered in LOUISVILLE and is the 45th largest credit union in the state of Kentucky. It is also the 3,859th largest credit union in the nation. It was established in 1936 and as of September of 2019, it had grown to 3 employees and 1,479 members at 1 location. Brown-Forman Employees Credit Union's CD rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
BFECU is open to employees (current or retired) of Brown-Forman Corporation, and their immediate family.
See current membership details
Health
B
Data as of Q3 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. Brown-Forman Employees Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62482 |
| Year Chartered | 1936 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.69% |
| Return on Equity - YTD | 11.98% |
| Annual Interest Income | $463.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $11.8MM$12.2MM |
| Loans | Q3 2019vs Q3 2018 | $8.8MM$7.2MM |
| Deposits | Q3 2019vs Q3 2018 | $10.1MM$10.5MM |
| Equity Capital | Q3 2019vs Q3 2018 | $1.7MM$1.5MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $86.00K$37.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $85.00K$66.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |