Overview / Commentary
Go Energy Financial Credit Union is headquartered in Tucker and is the 25th largest credit union in the state of Georgia. It is also the 1,515th largest credit union in the nation. It was established in 1969 and as of June of 2024, it had grown to 30 employees and 11,177 members at 3 locations. Go Energy Financial Credit Union has a B+ health rating.
Field of Membership Restrictions
Go Energy Financial Credit Union is open to employees (and their families) of Georgia's electric cooperatives, and associated service organizations in the EMC system. Also eligible for membership are residents of Carroll, Coweta, Bartow, Cobb, Douglas, Fulton, Paulding, or Fayette counties.
See current membership details
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68698 |
| Year Chartered | 1969 |
| Employees | 30 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 9.96% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $145.2MM$149.9MM |
| Loans | Q2 2024vs Q2 2023 | $96.3MM$96MM |
| Deposits | Q2 2024vs Q2 2023 | $130.4MM$134.5MM |
| Equity Capital | Q2 2024vs Q2 2023 | $13.5MM$10.8MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $651K$436K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $883K$354K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |