Overview / Commentary
C&O United Credit Union is headquartered in Florence and is the 40th largest credit union in the state of Kentucky. It is also the 3,481st largest credit union in the nation. It was established in 1928 and as of December of 2019, it had grown to 4 employees and 3,262 members at 4 locations. C&O United Credit Union has a B+ health rating.
Field of Membership Restrictions
C&O United Credit Union is open to those who live, work, or worship in Boone, Campbell, Carroll, Gallatin, Grant, Kenton, Owen, or Pendleton counties, and to employees of any one of the credit union's member organizations.
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. C&O United Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62587 |
| Year Chartered | 1928 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 3.23% |
| Annual Interest Income | $571.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $17.3MM$16.1MM |
| Loans | Q4 2019vs Q4 2018 | $4.7MM$4.7MM |
| Deposits | Q4 2019vs Q4 2018 | $15.3MM$14.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.9MM$1.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $34.00K$23.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $67.00K$45.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |