Overview / Commentary
Energize Credit Union is headquartered in Oklahoma City and is the 38th largest credit union in the state of Oklahoma. It is also the 2,945th largest credit union in the nation. It was established in 1967 and as of March of 2020, it had grown to 4 employees and 3,412 members at 1 location. Energize Credit Union's CD rates are 33% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Energize Credit Union of Oklahoma is open to the employees of the Electric Cooperatives throughout the state and the Pioneer Telephone Cooperative.
See current membership details
Health
B+
Data as of Q1 2020
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. Energize Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60994 |
| Year Chartered | 1967 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.3% |
| Return on Equity - YTD | 2.89% |
| Annual Interest Income | $277.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $29.0MM$26.2MM |
| Loans | Q1 2020vs Q1 2019 | $22.0MM$22.3MM |
| Deposits | Q1 2020vs Q1 2019 | $26.1MM$23.3MM |
| Equity Capital | Q1 2020vs Q1 2019 | $2.9MM$2.8MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $143.00K$173.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $53.00K$72.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |