Overview / Commentary
Caribe Federal Credit Union is headquartered in Guaynabo and is the largest credit union in the state of PR. It is also the 668th largest credit union in the nation. It was established in 1951 and as of June of 2020, it had grown to 105 employees and 42,560 members at 5 locations. Caribe Federal Credit Union's savings rates are 73% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Caribe Federal Credit Union is open to employees of the U.S. Government in Puerto Rico or U. S. Virgin Islands, and over 20 area Select Employer Groups.
See current membership details
Health
A
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7345 |
| Year Chartered | 1951 |
| Employees | 105 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.22% |
| Return on Equity - YTD | 9.55% |
| Annual Interest Income | $9.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $462.7MM$415.3MM |
| Loans | Q2 2020vs Q2 2019 | $309.8MM$311.6MM |
| Deposits | Q2 2020vs Q2 2019 | $399.5MM$357.6MM |
| Equity Capital | Q2 2020vs Q2 2019 | $57.0MM$52.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $3.7MM$3.7MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $3.9MM$3.5MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $365.00K$65.00K |