Overview / Commentary
Evolve Federal Credit Union is headquartered in El Paso and is the 67th largest credit union in the state of Texas. It is also the 806th largest credit union in the nation. It was established in 1936 and as of December of 2019, it had grown to 94 employees and 20,001 members at 8 locations. Evolve Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Evolve Federal Credit Union is open to those who live, work, worship or attend school in El Paso County, Texas. Businesses and other legal entities located within El Paso County are also eligible for membership.
See current membership details
Related Posts
9/8 - Evolve FCU Changes Requirements On Epriority Checking Account / Info On How To Close Accounts
2/1 - Evolve Federal Credit Union Pays First Ever Patronage Dividend
2/1 - Evolve Federal Credit Union Pays First Ever Patronage Dividend
Health
A
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1792 |
| Year Chartered | 1936 |
| Employees | 94 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.15% |
| Return on Equity - YTD | 1.56% |
| Annual Interest Income | $12.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $315.6MM$307.8MM |
| Loans | Q4 2019vs Q4 2018 | $204.2MM$206.8MM |
| Deposits | Q4 2019vs Q4 2018 | $270.3MM$264.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $30.6MM$28.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.7MM$2.1MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.5MM$1.8MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |