Electric Cooperatives Federal Credit Union
Overview / Commentary
Electric Cooperatives Federal Credit Union is headquartered in Little Rock and is the 28th largest credit union in the state of Arkansas. It is also the 3,970th largest credit union in the nation. It was established in 1979 and as of June of 2016, it had grown to 4 employees and 2,382 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 Q2 2016
Learn more about bank healthAdditional 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 | 0.55% |
| Return on Equity - YTD | 6.12% |
| Annual Interest Income | $271.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $12.9MM$12.4MM |
| Loans | Q2 2016vs Q2 2015 | $7.7MM$7.6MM |
| Deposits | Q2 2016vs Q2 2015 | $11.7MM$11.2MM |
| Equity Capital | Q2 2016vs Q2 2015 | $1.2MM$1.1MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $65.00K$54.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $20.00K$81.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $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 |