Elko Federal Credit Union is headquartered in Elko and is the 9th largest credit union in the state of Nevada. It is also the 1,189th largest credit union in the nation. It was established in 1960 and as of March of 2019, it had grown to 32 employees and 14,820 members at 3 locations. Elko Federal Credit Union's CD rates are 11% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in, businesses and other legal entities in Elko, Eureka, and Lander Counties, Nevada.
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13800 |
| Year Chartered | 1960 |
| Employees | 32 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.47% |
| Return on Equity - YTD | 12.7% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $169.8MM$162.1MM |
| Loans | Q1 2019vs Q1 2018 | $99.9MM$82.5MM |
| Deposits | Q1 2019vs Q1 2018 | $149.9MM$144.5MM |
| Equity Capital | Q1 2019vs Q1 2018 | $19.4MM$17.3MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $470.00K$487.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $278.00K$644.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
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Elko Federal Credit Union Savings Account Rates
Elko Federal Credit Union CD Rates
Elko Federal Credit Union IRA Rates
| Elko Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 455 8th St | Elko, NV 89801-3852 |
| Branch Office | 580 Spring Valley Ct | Spring Creek, NV 89815-6812 |
| Branch Office | 2397 Mountain City Hwy | Elko, NV 89801 |