Overview / Commentary
FivePoint Credit Union is headquartered in Nederland and is the 37th largest credit union in the state of Texas. It is also the 463rd largest credit union in the nation. It was established in 1935 and as of September of 2024, it had grown to 202 employees and 55,069 members at 7 locations. FivePoint Credit Union has a B health rating.
Field of Membership Restrictions
Membership in FivePoint Credit Union is open to those who live, work, worship, or attend school in the Texas counties of Chambers, Galveston, Grimes, Hardin, Harris, Jasper, Jefferson, Liberty, Montgomery, Newton, Orange, Polk, San Jacinto, Tyler, Walker, or Waller.
See current membership details
Health
B
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68643 |
| Year Chartered | 1935 |
| Employees | 202 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.25% |
| Return on Equity - YTD | 3% |
| Annual Interest Income | $37.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $970.9MM$932.9MM |
| Loans | Q3 2024vs Q3 2023 | $764.3MM$718MM |
| Deposits | Q3 2024vs Q3 2023 | $870.6MM$834.6MM |
| Equity Capital | Q3 2024vs Q3 2023 | $81.6MM$71MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $5.5MM$5MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $4.2MM$3.6MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $120K$120K |