Emerald Credit Union
Overview / Commentary
Emerald Credit Union is headquartered in GARFIELD HTS and is the 111th largest credit union in the state of Ohio. It is also the 2,564th largest credit union in the nation. It was established in 1955 and as of September of 2018, it had grown to 18 employees and 5,934 members at 2 locations. Emerald Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Cuyahoga County.
See current membership details
Health
C+
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. Emerald Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 97077 |
| Year Chartered | 1955 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.02% |
| Return on Equity - YTD | -0.2% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $39.9MM$41.0MM |
| Loans | Q3 2018vs Q3 2017 | $20.7MM$21.2MM |
| Deposits | Q3 2018vs Q3 2017 | $34.6MM$36.5MM |
| Equity Capital | Q3 2018vs Q3 2017 | $4.0MM$4.1MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $250.00K$213.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $287.00K$204.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Rates
Rates for Emerald Credit Union are currently being reviewed.
Locations
| Emerald Credit Union Locations | ||
|---|---|---|
| Branch Office | 13201 GRANGER RD STE 1 | GARFIELD HTS, OH 44125 |
| Branch Office | 472 NORTHFIELD RD | BEDFORD, OH 44146 |