Overview / Commentary
Correctional Workers FCU is headquartered in EL RENO and is the 50th largest credit union in the state of Oklahoma. It is also the 3,898th largest credit union in the nation. It was established in 1936 and as of March of 2021, it had grown to 3 employees and 1,610 members at 1 location. Correctional Workers FCU has a B+ health rating.
Field of Membership Restrictions
Correctional Workers Federal Credit Union is open to Fort Reno Employees (USDA), and employees of Great Plains Correctional Facility in Hinton, OK, Federal Transfer Center Oklahoma City, and El Reno Federal Correctional Institution.
See current membership details
Health
B+
Data as of Q1 2021
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. Correctional Workers FCU has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 1113 |
| Year Chartered | 1936 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.55% |
| Return on Equity - YTD | 4.64% |
| Annual Interest Income | $65.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $11.9MM$10.6MM |
| Loans | Q1 2021vs Q1 2020 | $5.2MM$5.6MM |
| Deposits | Q1 2021vs Q1 2020 | $10.5MM$9.3MM |
| Equity Capital | Q1 2021vs Q1 2020 | $1.4MM$1.3MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $9.00K$12.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $0$4.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |