Overview / Commentary
Eaton Family Credit Union is headquartered in Euclid and is the 88th largest credit union in the state of Ohio. It is also the 2,097th largest credit union in the nation. It was established in 1937 and as of September of 2019, it had grown to 20 employees and 13,049 members at 9 locations. Eaton Family Credit Union's money market rates are 86% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Eaton Family Credit Union is open to anyone who lives, works, worships, or attends school in Cuyahoga or Lake counties in Ohio, as well as employees of the credit union's SEGs.
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. Eaton Family Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68354 |
| Year Chartered | 1937 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 1.85% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $62.5MM$62.1MM |
| Loans | Q3 2019vs Q3 2018 | $38.5MM$39.6MM |
| Deposits | Q3 2019vs Q3 2018 | $55.1MM$55.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.8MM$5.9MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $740.00K$717.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $898.00K$768.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |