Electric Cooperatives Federal Credit Union
Overview / Commentary
Electric Cooperatives Federal Credit Union is headquartered in Little Rock and is the 27th largest credit union in the state of Arkansas. It is also the 3,899th largest credit union in the nation. It was established in 1979 and as of March of 2017, it had grown to 4 employees and 2,309 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 2017
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 | 1.23% |
| Return on Equity - YTD | 12.97% |
| Annual Interest Income | $135.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $13.5MM$13.2MM |
| Loans | Q1 2017vs Q1 2016 | $7.3MM$7.7MM |
| Deposits | Q1 2017vs Q1 2016 | $12.2MM$12.0MM |
| Equity Capital | Q1 2017vs Q1 2016 | $1.2MM$1.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $46.00K$59.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $42.00K$14.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $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 |