Overview / Commentary
Domino Federal Credit Union is headquartered in Texarkana and is the 163rd largest credit union in the state of Texas. It is also the 2,097th largest credit union in the nation. It was established in 1973 and as of June of 2020, it had grown to 23 employees and 5,234 members at 4 locations. Domino Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, or attend school in Bowie, Cass, Marion, or Miller County.
See current membership details
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Health
A
Data as of Q2 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. Domino Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 21383 |
| Year Chartered | 1973 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 4.46% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $69.0MM$63.6MM |
| Loans | Q2 2020vs Q2 2019 | $40.9MM$41.7MM |
| Deposits | Q2 2020vs Q2 2019 | $58.5MM$53.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $10.1MM$9.5MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $299.00K$300.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $252.00K$265.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |