Overview / Commentary
Champion Community Credit Union is headquartered in Courtland and is the 40th largest credit union in the state of Alabama. It is also the 2,298th largest credit union in the nation. It was established in 1971 and as of September of 2019, it had grown to 13 employees and 3,802 members at 4 locations. Champion Community Credit Union's CD rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Champion Community CU is open to any resident or person that works in the Alabama County of Lawrence and any of the surrounding counties.
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. Champion Community Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63614 |
| Year Chartered | 1971 |
| Employees | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.16% |
| Return on Equity - YTD | -1.32% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $51.5MM$51.1MM |
| Loans | Q3 2019vs Q3 2018 | $28.7MM$29.8MM |
| Deposits | Q3 2019vs Q3 2018 | $45.3MM$44.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.2MM$6.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $146.00K$160.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $174.00K$827.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$34.00K |