Overview / Commentary
Carey Poverello Federal Credit Union is headquartered in Carey and is the 149th largest credit union in the state of Ohio. It is also the 3,268th largest credit union in the nation. It was established in 1950 and as of December of 2019, it had grown to 7 employees and 1,831 members at 1 location. Carey Poverello Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Poverello Federal Credit Union is open to the following those who live, work, worship, or attend school in Crawford, Hancock, Hardin, Seneca, or Wyandot Counties in Ohio, prior members of the Catholic faith, immediate family members of any qualified individual.
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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. Carey Poverello Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 6636 |
| Year Chartered | 1950 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 8.1% |
| Annual Interest Income | $848.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $21.2MM$20.8MM |
| Loans | Q4 2019vs Q4 2018 | $9.2MM$9.3MM |
| Deposits | Q4 2019vs Q4 2018 | $18.1MM$18.0MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.1MM$2.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $81.00K$143.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $132.00K$203.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |