Overview / Commentary
504-671-2287
Hale Boggs Federal Building 500 Poydras St. Rm. 1226
New Orleans, LA 70130
New Orleans, LA 70130
Coast Guard Employees Credit Union is headquartered in New Orleans and is the 121st largest credit union in the state of Louisiana. It is also the 4,499th largest credit union in the nation. It was established in 1950 and as of December of 2019, it had grown to 2 employees and 623 members at 2 locations. Coast Guard Employees Credit Union has a C+ health rating.
Field of Membership Restrictions
Coast Guard Employees Credit Union is open to current, retired, and civilian employees of the 8th USCG District, as well as the Reserve Sector, Auxiliary, member affiliated organizations, active and retired military, along with family members.
See current membership details
Health
C+
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. Coast Guard Employees Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62258 |
| Year Chartered | 1950 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.46% |
| Return on Equity - YTD | -2.32% |
| Annual Interest Income | $161.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $5.0MM$5.2MM |
| Loans | Q4 2019vs Q4 2018 | $1.4MM$1.4MM |
| Deposits | Q4 2019vs Q4 2018 | $4.0MM$4.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $993.00K$1.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $47.00K$20.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $81.00K$1,000 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |