Common Cents Credit Union is headquartered in Beaumont and is the 219th largest credit union in the state of Texas. It is also the 2,853rd largest credit union in the nation. It was established in 1963 and as of June of 2023, it had grown to 16 employees and 3,431 members at 3 locations. Common Cents Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Common Cents Credit Union is open to individuals who live, work, worship, or attend school in Jefferson or Chambers County, Texas. Immediate family members of a current Common Cents Credit Union member are also eligible to join.
See current membership details
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A "Small" Local Credit Union
I've been a member for a few months now and primarily joined to utilize their 3% Interest Kasasa Acct. I was nervous about joining such a small credit union but the extremely high interest rate was the best in the area. So far - it has worked out well and with no surprises. Will update this review if anything changes.
Not A Quality Kasasa Bank
I applied to open an account to find out they hadn't posted all of the requirements on their website and yet they collected all of my personal and transfer banking information. I would not do business with this bank, because they had zero responsibility acceptance when they waited a week to respond to my request for an account.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 15788 |
| Year Chartered | 1963 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.37% |
| Return on Equity - YTD | -2.8% |
| Annual Interest Income | $963.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $34.6MM$34.2MM |
| Loans | Q2 2023vs Q2 2022 | $26.0MM$21.7MM |
| Deposits | Q2 2023vs Q2 2022 | $29.9MM$30.1MM |
| Equity Capital | Q2 2023vs Q2 2022 | $4.6MM$4.1MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$455.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $322.00K$237.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |