Electrical Workers No 558 Federal Credit Union
LOCATIONS
1
View locations
HEALTH RATING
B+
View health report
CURRENT TOP RATE
1.66% APY
5 Year Certificate
View all rates
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.66% | 5-year CD | 5 Year Certificate 2.25% - Bank of Internet USA 60 Month CD |
| 0.65% | 1-year CD | 1 Year Certificate |
| 0.50% | Savings | Regular Shares Account |
Overview / Commentary
Electrical Workers No 558 Federal Credit Union is headquartered in Sheffield and is the 57th largest credit union in the state of Alabama. It is also the 3,199th largest credit union in the nation. It was established in 1958 and as of June of 2017, it had grown to 3 employees and 2,653 members at 1 location. Electrical Workers No 558 Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to members of the International Brotherhood of Electrical Workers Local Union No. 558.
See current membership details
Health
B+
Data as of Q2 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. Electrical Workers No 558 Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12478 |
| Year Chartered | 1958 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 3.34% |
| Annual Interest Income | $362.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $24.5MM$23.7MM |
| Loans | Q2 2017vs Q2 2016 | $14.7MM$14.3MM |
| Deposits | Q2 2017vs Q2 2016 | $19.6MM$18.9MM |
| Equity Capital | Q2 2017vs Q2 2016 | $4.8MM$4.7MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $91.00K$92.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $53.00K$19.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$0 |
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Always verify rates and promotions with the bank or credit union. We are not Electrical Workers No 558 Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Electrical Workers No 558 Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $25 | - | Regular Shares Account |
Electrical Workers No 558 Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.66% | $500 | - | 5 Year Certificate | |
| 0.95% | $500 | - | 2 Year Certificate | |
| 0.65% | $500 | - | 1 Year Certificate | |
| 0.45% | $500 | - | 6 Month Certificate |
Locations
| Electrical Workers No 558 Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1705 E 17th St | Sheffield, AL 35660-2517 |