Communication Federal Credit Union
Communication Federal Credit Union is headquartered in Oklahoma City and is the 3rd largest credit union in the state of Oklahoma. It is also the 228th largest credit union in the nation. It was established in 1939 and as of December of 2024, it had grown to 280 employees and 127,740 members at 24 locations. Communication Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Communication Federal Credit Union is open to anyone who lives in Oklahoma or Kansas by joining the Oklahomans for Energy and Jobs/Natural Resources Education Foundation ($5 one-time membership fee). Membership is also open to those who live, work, or worship in Carter or Pottawatomie Counties or within Broken Arrow, Oklahoma. Employees and retirees of more than 500 Select Employer Groups, including Oklahoma Natural Gas, Kansas Gas, and several IBEW Locals, also qualify.
See current membership details
CD Rates & Mobile App
They have very good rates on CDs and the banking app is easy to use. The staff at my branch are friendly but the lobby can get very busy.
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3454 |
| Year Chartered | 1939 |
| Employees | 280 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 3.46% |
| Annual Interest Income | $123.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $2.2B$2.06B |
| Loans | Q4 2024vs Q4 2023 | $1.65B$1.59B |
| Deposits | Q4 2024vs Q4 2023 | $1.88B$1.76B |
| Equity Capital | Q4 2024vs Q4 2023 | $234MM$228.8MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $29.3MM$20.3MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $19.3MM$13.9MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $30K$159K |
