Overview / Commentary
Emerald Credit Association FCU is headquartered in Greenwood and is the 51st largest credit union in the state of South Carolina. It is also the 4,261st largest credit union in the nation. It was established in 1968 and as of December of 2019, it had grown to 4 employees and 1,278 members at 1 location. Emerald Credit Association FCU has a B health rating.
Field of Membership Restrictions
Membership in Emerald Credit Association Federal Credit Union is open to those who live, work, attend school or worship in Greenwood County, South Carolina.
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. Emerald Credit Association FCU has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19047 |
| Year Chartered | 1968 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 3.96% |
| Annual Interest Income | $304.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $7.2MM$6.9MM |
| Loans | Q4 2019vs Q4 2018 | $4.6MM$4.2MM |
| Deposits | Q4 2019vs Q4 2018 | $6.5MM$6.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $631.00K$606.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $23.00K$21.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |