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 2,724th largest credit union in the nation. It was established in 1938 and as of December of 2019, it had grown to 10 employees and 4,521 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 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. Cleveland Police Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62588 |
| Year Chartered | 1938 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 6.94% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $33.9MM$33.9MM |
| Loans | Q4 2019vs Q4 2018 | $17.2MM$16.1MM |
| Deposits | Q4 2019vs Q4 2018 | $30.0MM$30.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.6MM$3.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $54.00K$115.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $357.00K$50.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$122.00K |