Faith Cooperative Federal Credit Union
LOCATIONS
1
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HEALTH RATING
C
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CURRENT TOP RATE
1.35% APY
2 Year CD
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Overview / Commentary
Faith Cooperative Federal Credit Union is headquartered in Dallas and is the 425th largest credit union in the state of Texas. It is also the 5,001st largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 1 employees and 877 members at 1 location. Faith Cooperative Federal Credit Union's CD rates are 19% higher than the national average, but it has a C health rating.
Field of Membership Restrictions
Membership in Faith Cooperative Federal Credit Union is open to members of St. John Missionary Baptist Church and Friendship-West Baptist Church.
See current membership details
Health
C
Data as of Q4 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. Faith Cooperative Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12859 |
| Year Chartered | 1959 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 9.88% |
| Annual Interest Income | $43.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $1.5MM$1.4MM |
| Loans | Q4 2019vs Q4 2018 | $970.00K$988.00K |
| Deposits | Q4 2019vs Q4 2018 | $1.4MM$1.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $162.00K$146.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $47.00K$33.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $76.00K$15.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |