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 2,336th largest credit union in the nation. It was established in 1954 and as of March of 2019, it had grown to 17 employees and 5,209 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 Q1 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. Eddy Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9566 |
| Year Chartered | 1954 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.16% |
| Return on Equity - YTD | 7.56% |
| Annual Interest Income | $683.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $49.9MM$52.5MM |
| Loans | Q1 2019vs Q1 2018 | $30.8MM$25.7MM |
| Deposits | Q1 2019vs Q1 2018 | $41.8MM$45.0MM |
| Equity Capital | Q1 2019vs Q1 2018 | $7.6MM$7.0MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $345.00K$419.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $55.00K$24.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $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 |