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 3,961st largest credit union in the nation. It was established in 1936 and as of September of 2019, it had grown to 3 employees and 1,651 members at 1 location. Correctional Workers FCU has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of Federal Transfer Center Oklahoma City, El Reno Federal Correctional Institution, DiamondBack Correctional Facility in Watonga, Oklahoma, Great Plains Correctional Facility in Hinton, Oklahoma, or USDA (For Reno).
See current membership details
Health
B+
Data as of Q3 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. 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 | 0.48% |
| Return on Equity - YTD | 4.08% |
| Annual Interest Income | $232.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $10.6MM$9.7MM |
| Loans | Q3 2019vs Q3 2018 | $5.6MM$5.1MM |
| Deposits | Q3 2019vs Q3 2018 | $9.2MM$8.5MM |
| Equity Capital | Q3 2019vs Q3 2018 | $1.3MM$1.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $14.00K$12.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $0$0 |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |