Overview / Commentary
El Monte Community Credit Union is headquartered in El Monte and is the 232nd largest credit union in the state of California. It is also the 2,909th largest credit union in the nation. It was established in 1956 and as of December of 2019, it had grown to 7 employees and 3,457 members at 1 location. El Monte Community Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work or worship in the cities of El Monte, Baldwin Park, South El Monte, Rosemead or Irwindale in California.
See current membership details
Health
B
Data as of Q4 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. El Monte Community Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 95072 |
| Year Chartered | 1956 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 6.04% |
| Annual Interest Income | $1,000.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $29.3MM$28.2MM |
| Loans | Q4 2019vs Q4 2018 | $10.0MM$11.0MM |
| Deposits | Q4 2019vs Q4 2018 | $26.5MM$25.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.5MM$2.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $59.00K$105.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $20.00K$28.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |