Overview / Commentary
Energize Credit Union is headquartered in Oklahoma City and is the 40th largest credit union in the state of Oklahoma. It is also the 3,039th largest credit union in the nation. It was established in 1967 and as of September of 2019, it had grown to 4 employees and 3,356 members at 1 location. Energize Credit Union's CD rates are 2X 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 Q3 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. 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 | 0.4% |
| Return on Equity - YTD | 3.61% |
| Annual Interest Income | $774.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $26.1MM$25.8MM |
| Loans | Q3 2019vs Q3 2018 | $22.3MM$22.3MM |
| Deposits | Q3 2019vs Q3 2018 | $23.2MM$23.0MM |
| Equity Capital | Q3 2019vs Q3 2018 | $2.9MM$2.8MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $157.00K$144.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $119.00K$95.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |