Electricians' Local 349 Credit Union
Overview / Commentary
Electricians' Local 349 Credit Union is headquartered in Miami and is the 137th largest credit union in the state of Florida. It is also the 5,061st largest credit union in the nation. It was established in 1947 and as of June of 2016, it had grown to 2 employees and 751 members at 1 location. Electricians' Local 349 Credit Union has a B health rating.
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. Electricians' Local 349 Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67338 |
| Year Chartered | 1947 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.47% |
| Return on Equity - YTD | -2.54% |
| Annual Interest Income | $50.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $4.2MM$4.2MM |
| Loans | Q2 2016vs Q2 2015 | $1.1MM$1.2MM |
| Deposits | Q2 2016vs Q2 2015 | $3.5MM$3.3MM |
| Equity Capital | Q2 2016vs Q2 2015 | $787.00K$819.00K |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $10.00K$14.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $4.00K$1,000 |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Rates
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Electricians' Local 349 Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.12% | - | - | Regular Share Savings Account | |
| 0.12% | - | - | Individual Retirement Account |
Locations
| Electricians' Local 349 Credit Union Locations | ||
|---|---|---|
| Branch Office | 1657 NW 17th Ave | Miami, FL 33125 |