Overview / Commentary
FivePoint Credit Union is headquartered in Nederland and is the 43rd largest credit union in the state of Texas. It is also the 481st largest credit union in the nation. It was established in 1935 and as of March of 2022, it had grown to 193 employees and 50,053 members at 9 locations. FivePoint Credit Union has an A 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
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68643 |
| Year Chartered | 1935 |
| Employees | 193 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 10% |
| Annual Interest Income | $7.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $854.8MM$810.7MM |
| Loans | Q1 2022vs Q1 2021 | $579.6MM$527.4MM |
| Deposits | Q1 2022vs Q1 2021 | $765.1MM$722.4MM |
| Equity Capital | Q1 2022vs Q1 2021 | $79.2MM$78.2MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $2.4MM$3.2MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $1.0MM$2.2MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |