Overview / Commentary
Cooperative Employees Credit Union is headquartered in Anadarko and is the 55th largest credit union in the state of Oklahoma. It is also the 4,251st largest credit union in the nation. It was established in 1967 and as of December of 2019, it had grown to 3 employees and 924 members at 1 location. Cooperative Employees Credit Union's CD rates are 52% higher than the national average, and it has a C+ health rating.
Field of Membership Restrictions
Cooperative Employees CU is open to the employees of Western Farmers Electric CO-OP and their 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. Cooperative Employees Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62502 |
| Year Chartered | 1967 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.04% |
| Return on Equity - YTD | 0.32% |
| Annual Interest Income | $352.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $7.3MM$7.5MM |
| Loans | Q4 2019vs Q4 2018 | $5.7MM$5.8MM |
| Deposits | Q4 2019vs Q4 2018 | $6.3MM$6.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $936.00K$932.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $43.00K$40.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$1,000 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |