Featured Savings Rates
Featured Accounts

Cherokee Strip Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.70%5-year CD5 Year Certificate
0.25%1-year CD1 Year Certificate
0.03%SavingsShare Savings Account

Overview / Commentary
580-718-4000
1508 E Prospect Ave
Ponca City, OK 74604

Cherokee Strip Credit Union is headquartered in Ponca City and is the 23rd largest credit union in the state of Oklahoma. It is also the 1,807th largest credit union in the nation. It was established in 1933 and as of December of 2015, it had grown to 14 employees and 10,069 members at 2 locations. Cherokee Strip Credit Union has a C- health rating.

Field of Membership Restrictions

Membership eligibility to join the Cherokee Strip CU is open to the residents, people that maintain employment, church members, and the registered students of Kay County, Oklahoma as well as the current and retired employees of Conocol Phillips and its affiliated companies, employees of the qualified CU-affiliated SEG's, CU employees, and their family members. Membership eligibility also extends to include any charitable or non-profit organizations within Kay County.
See current membership details

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Health
C-
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, and a negative return on assets.

Health Grade Components

Overall
NCUA #64281
Year Chartered1933
Employees14
Primary Regulator
Profit Margin
Return on Assets - YTD-5.61%
Return on Equity - YTD-135.75%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ4 2015vs Q4 2014$77.4MM$82.3MM
LoansQ4 2015vs Q4 2014$57.7MM$55.0MM
DepositsQ4 2015vs Q4 2014$73.8MM$73.5MM
Equity CapitalQ4 2015vs Q4 2014$3.2MM$8.0MM
Loan Loss AllowanceQ4 2015vs Q4 2014$3.4MM$92.00K
Unbacked Noncurrent LoansQ4 2015vs Q4 2014$2.4MM$325.00K
Real Estate OwnedQ4 2015vs Q4 2014$0$0
Rates
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Cherokee Strip Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Share Savings Account
0.03%--Christmas Club Account

Cherokee Strip Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Classic Checking Account
0.03%--Over 55 Checking Account

Cherokee Strip Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%--5 Year Certificate
0.50%--3 Year Certificate
0.40%--2 Year Certificate
0.25%--1 Year Certificate
0.20%--6 Month Certificate
Locations


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