Electricians' Local 349 Credit Union
Overview / Commentary
Electricians' Local 349 Credit Union is headquartered in Miami and is the 131st largest credit union in the state of Florida. It is also the 4,737th largest credit union in the nation. It was established in 1947 and as of September of 2018, it had grown to 2 employees and 748 members at 1 location. Electricians' Local 349 Credit Union has a B health rating.
Health
B
Data as of Q3 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. 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 | 0.21% |
| Return on Equity - YTD | 1.2% |
| Annual Interest Income | $93.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $4.4MM$4.2MM |
| Loans | Q3 2018vs Q3 2017 | $1.1MM$1.3MM |
| Deposits | Q3 2018vs Q3 2017 | $3.6MM$3.5MM |
| Equity Capital | Q3 2018vs Q3 2017 | $780.00K$775.00K |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $9.00K$7.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $0$3.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $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 |