Overview / Commentary
Emerald Coast Federal Credit Union is headquartered in PORT ST JOE and is the 83rd largest credit union in the state of Florida. It is also the 2,269th largest credit union in the nation. It was established in 1939 and as of December of 2019, it had grown to 18 employees and 5,515 members at 3 locations. Emerald Coast Federal Credit Union has a C health rating.
Field of Membership Restrictions
Emerald Coast Federal Credit Union is open to anyone who lives, works, worships, or goes to school in Franklin or Gulf counties, or the City of Mexico Beach.
See current membership details
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Health
C
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. Emerald Coast Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3388 |
| Year Chartered | 1939 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 10.44% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $53.6MM$57.5MM |
| Loans | Q4 2019vs Q4 2018 | $26.3MM$26.3MM |
| Deposits | Q4 2019vs Q4 2018 | $50.4MM$54.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.0MM$2.9MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $310.00K$324.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $533.00K$468.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $65.00K$8.00K |