Ellis County Teachers & Employees Federal Credit Union
LOCATIONS
2
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HEALTH RATING
B+
View health report
CURRENT TOP RATE
1.00% APY
2 Year CD
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Overview / Commentary
Ellis County Teachers & Employees Federal Credit Union is headquartered in WAXAHACHIE and is the 284th largest credit union in the state of Texas. It is also the 3,569th largest credit union in the nation. It was established in 1958 and as of December of 2019, it had grown to 3 employees and 2,301 members at 2 locations. Ellis County Teachers & Employees Federal Credit Union's savings rates are 35% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of the Ellis County School System, Ellis County, the cities of Ennis, Ferris, Red Oak and Waxahachie.
See current membership details
Health
B+
Data as of Q4 2019
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. Ellis County Teachers & Employees Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12266 |
| Year Chartered | 1958 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 8.14% |
| Annual Interest Income | $548.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $15.7MM$15.0MM |
| Loans | Q4 2019vs Q4 2018 | $9.7MM$9.4MM |
| Deposits | Q4 2019vs Q4 2018 | $13.6MM$13.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.1MM$1.9MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $77.00K$95.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $2.00K$6.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |