Overview / Commentary
CGR Credit Union is headquartered in Macon and is the 32nd largest credit union in the state of Georgia. It is also the 1,702nd largest credit union in the nation. It was established in 1991 and as of December of 2019, it had grown to 36 employees and 14,262 members at 6 locations. CGR Credit Union has an A health rating.
Field of Membership Restrictions
CGR CU is open to the employees and medical professionals within these Georgia Counties; Bibb, Houston, and Baldwin as well as the employees and staff at Tift Regional Medical Center, Cook Medical Center, and the former members of Central State Hospital CU. Membership eligibility also extends to include the family members once your membership is established.
See current membership details
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Health
A
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. CGR Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67367 |
| Year Chartered | 1991 |
| Employees | 36 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.44% |
| Return on Equity - YTD | 7.64% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $92.8MM$90.5MM |
| Loans | Q4 2019vs Q4 2018 | $36.6MM$38.6MM |
| Deposits | Q4 2019vs Q4 2018 | $73.8MM$72.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $17.7MM$16.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $376.00K$389.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $136.00K$130.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |