Electric Cooperatives Federal Credit Union
Overview / Commentary
Electric Cooperatives Federal Credit Union is headquartered in Little Rock and is the 25th largest credit union in the state of Arkansas. It is also the 3,773rd largest credit union in the nation. It was established in 1979 and as of March of 2018, it had grown to 4 employees and 2,392 members at 1 location. Electric Cooperatives Federal Credit Union has a B health rating.
Field of Membership Restrictions
Must be employees or directors of rural electric cooperatives within the State of Arkansas; and ERMCO, a wholly-owned subsidiary, located in Dyersburg, TN.
See current membership details
Health
B
Data as of Q1 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. Electric Cooperatives Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 23361 |
| Year Chartered | 1979 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 11.41% |
| Annual Interest Income | $147.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $14.1MM$13.5MM |
| Loans | Q1 2018vs Q1 2017 | $7.5MM$7.3MM |
| Deposits | Q1 2018vs Q1 2017 | $12.7MM$12.2MM |
| Equity Capital | Q1 2018vs Q1 2017 | $1.3MM$1.2MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $25.00K$46.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $21.00K$42.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Rates
Sorry, we do not have rate data for Electric Cooperatives Federal Credit Union.
Locations
| Electric Cooperatives Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1 Cooperative Way | Little Rock, AR 72209 |