Overview / Commentary
Cleveland Police Credit Union is headquartered in Cleveland and is the 120th largest credit union in the state of Ohio. It is also the 2,703rd largest credit union in the nation. It was established in 1938 and as of September of 2020, it had grown to 8 employees and 4,503 members at 1 location. Cleveland Police Credit Union has a B+ health rating.
Field of Membership Restrictions
Cleveland Police CU is open to any Cleveland Police Officers and their family members, all police officers in Ohio State, as well as the employees of the site listed CU-affiliated SEG's.
See current membership details
Health
B+
Data as of Q3 2020
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. Cleveland Police Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62588 |
| Year Chartered | 1938 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 2.38% |
| Annual Interest Income | $847.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $38.6MM$34.3MM |
| Loans | Q3 2020vs Q3 2019 | $16.6MM$17.3MM |
| Deposits | Q3 2020vs Q3 2019 | $34.5MM$30.4MM |
| Equity Capital | Q3 2020vs Q3 2019 | $3.7MM$3.6MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $64.00K$53.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $85.00K$261.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |