Overview / Commentary
First Eagle Federal Credit Union is headquartered in Owings Mills and is the 38th largest credit union in the state of Maryland. It is also the 1,766th largest credit union in the nation. It was established in 1956 and as of June of 2020, it had grown to 24 employees and 8,616 members at 5 locations. First Eagle Federal Credit Union has an A health rating.
Field of Membership Restrictions
First Eagle’s field of membership has since expanded to include all U.S. employees of American General Companies, Zurich American Insurance Company, Medstar Union Memorial Hospital & Medstar National Rehabilitation Network and other select employer groups.
See current membership details
Health
A
Data as of Q2 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. First Eagle Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10958 |
| Year Chartered | 1956 |
| Employees | 24 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 2.49% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $96.5MM$90.8MM |
| Loans | Q2 2020vs Q2 2019 | $54.8MM$58.5MM |
| Deposits | Q2 2020vs Q2 2019 | $86.3MM$81.0MM |
| Equity Capital | Q2 2020vs Q2 2019 | $9.7MM$9.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $308.00K$249.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $205.00K$166.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |