Overview / Commentary
Concho Valley Credit Union is headquartered in San Angelo and is the 252nd largest credit union in the state of Texas. It is also the 3,202nd largest credit union in the nation. It was established in 1930 and as of June of 2023, it had grown to 5 employees and 1,408 members at 1 location. Concho Valley Credit Union's CD rates are 3X the national average, and it has a C+ health rating.
Field of Membership Restrictions
Concho Valley Credit Union is open to anyone who lives, works, or worships in Tom Green County.
See current membership details
Health
C+
Data as of Q2 2023
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. Concho Valley Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67473 |
| Year Chartered | 1930 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 5.17% |
| Annual Interest Income | $386.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $23.3MM$25.2MM |
| Loans | Q2 2023vs Q2 2022 | $10.8MM$10.0MM |
| Deposits | Q2 2023vs Q2 2022 | $20.9MM$22.8MM |
| Equity Capital | Q2 2023vs Q2 2022 | $2.3MM$2.3MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$14.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $23.00K$8.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |