Overview / Commentary
Correctional Workers FCU is headquartered in EL RENO and is the 52nd largest credit union in the state of Oklahoma. It is also the 3,946th largest credit union in the nation. It was established in 1936 and as of March of 2020, it had grown to 3 employees and 1,628 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 2020
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 | 0.57% |
| Return on Equity - YTD | 4.6% |
| Annual Interest Income | $79.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $10.6MM$10.6MM |
| Loans | Q1 2020vs Q1 2019 | $5.6MM$5.1MM |
| Deposits | Q1 2020vs Q1 2019 | $9.3MM$9.3MM |
| Equity Capital | Q1 2020vs Q1 2019 | $1.3MM$1.2MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $12.00K$13.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $4.00K$0 |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |