Cuba Credit Union
Cuba Credit Union
Overview / Commentary
Cuba Credit Union is headquartered in CUBA and is the 31st largest credit union in the state of New Mexico. It is also the 3,888th largest credit union in the nation. It was established in 1972 and as of June of 2016, it had grown to 5 employees and 2,297 members at 1 location. Cuba Credit Union has a C+ health rating.
Field of Membership Restrictions
Cuba Credit Union of New Mexico is open to the residents and people maintaining employment within the geographical boundaries that define the jurisdiction of the Cuba Independent School and the Jemez Mountain School Districts.
See current membership details
Health
C+
Data as of Q2 2016
Learn more about bank healthAdditional 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. Cuba Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66097 |
| Year Chartered | 1972 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.22% |
| Return on Equity - YTD | 1.44% |
| Annual Interest Income | $252.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $13.7MM$13.0MM |
| Loans | Q2 2016vs Q2 2015 | $6.9MM$7.3MM |
| Deposits | Q2 2016vs Q2 2015 | $11.6MM$11.0MM |
| Equity Capital | Q2 2016vs Q2 2015 | $2.1MM$2.0MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $80.00K$89.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $468.00K$443.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$23.00K |
Rates
Sorry, we do not have rate data for Cuba Credit Union.
Locations
| Cuba Credit Union Locations | ||
|---|---|---|
| Branch Office | 6347 main st | CUBA, NM 87013-1660 |