Cherokee Strip Credit Union

Overview / Commentary
1508 E Prospect Ave
Ponca City, OK 74604

Cherokee Strip Credit Union is headquartered in Ponca City and is the 27th largest credit union in the state of Oklahoma. It is also the 2,026th largest credit union in the nation. It was established in 1933 and as of September of 2020, it had grown to 25 employees and 8,769 members at 2 locations. Cherokee Strip Credit Union has a B+ health rating.

Field of Membership Restrictions

Cherokee Strip Credit Union is open to 1) anyone who lives, works, or worships in the state of Oklahoma and either currently uses or has purchased a major consumer service or product within the last three years; 2) retired and active employees of the credit union; 3) family of current credit union members; 4) current and retired employees or members of any one of the more than 100 SEGs. (A list of groups and requirements are posted on the credit union's website)
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional 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. Cherokee Strip Credit Union has a relatively low asset base.

Health Grade Components

NCUA #64281
Year Chartered1933
Primary Regulator
Profit Margin
Return on Assets - YTD1.01%
Return on Equity - YTD10.84%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$74.8MM$68.2MM
LoansQ3 2020vs Q3 2019$52.6MM$48.4MM
DepositsQ3 2020vs Q3 2019$66.6MM$61.9MM
Equity CapitalQ3 2020vs Q3 2019$7.0MM$6.1MM
Loan Loss AllowanceQ3 2020vs Q3 2019$957.00K$875.00K
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$265.00K$304.00K
Real Estate OwnedQ3 2020vs Q3 2019$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cherokee Strip Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Cherokee Strip Credit Union Savings Account Rates

0.04%--Secondary Savings
0.04%--Christmas Club Account

Cherokee Strip Credit Union CD Rates

0.81%$500-5 Year Certificate
0.76%$500-3 Year Certificate
0.66%$500-2 Year Certificate
0.61%$500-18 Month Certificate
0.51%$500-1 Year Certificate
0.36%$500-6 Month Certificate

Cherokee Strip Credit Union Locations
Branch Office1508 W HartfordPonca City, OK 74601
Branch Office1508 E Prospect AvePonca City, OK 74604-1909

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.