Eddy Federal Credit Union
Overview / Commentary
Eddy Federal Credit Union is headquartered in Carlsbad and is the 19th largest credit union in the state of New Mexico. It is also the 2,295th largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 17 employees and 5,029 members at 2 locations. Eddy Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Eddy Federal Credit Union offers membership to person who work or live in Eddy County, NM and employees of the U. S. Post Office or Bureau of Land Management who work in Hobbs or Lovington, NM.
See current membership details
Health
B+
Data as of Q3 2018
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. Eddy Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9566 |
| Year Chartered | 1954 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 6.49% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $51.7MM$53.8MM |
| Loans | Q3 2018vs Q3 2017 | $28.4MM$24.8MM |
| Deposits | Q3 2018vs Q3 2017 | $44.0MM$46.5MM |
| Equity Capital | Q3 2018vs Q3 2017 | $7.3MM$6.8MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $444.00K$515.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $89.00K$30.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Rates
Sorry, we do not have rate data for Eddy Federal Credit Union.
Locations
| Eddy Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1711 S Canal St | Carlsbad, NM 88220 |
| Branch Office | 909 W Pierce St | Carlsbad, NM 88220-5268 |