Flasher Community Credit Union

Overview / Commentary
105 N Main St
Flasher, ND 58535-7201

Flasher Community Credit Union is headquartered in Flasher and is the 30th largest credit union in the state of North Dakota. It is also the 3,913th largest credit union in the nation. It was established in 1939 and as of December of 2019, it had grown to 2 employees and 782 members at 1 location. Flasher Community Credit Union's money market rates are 14% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Flasher Community Credit Union of North Dakota is open to any and every resident living within a 50-mile distance of Flasher, ND in any direction.
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Additional 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. Flasher Community Credit Union has a low asset base.

Health Grade Components

NCUA #64240
Year Chartered1939
Primary Regulator
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD3.75%
Annual Interest Income$422.00K
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$11.0MM$10.4MM
LoansQ4 2019vs Q4 2018$7.5MM$7.6MM
DepositsQ4 2019vs Q4 2018$10.0MM$9.3MM
Equity CapitalQ4 2019vs Q4 2018$1.1MM$1.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$91.00K$97.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$50.00K$13.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Flasher Community Credit Union Savings Account Rates

8.75%--IRA Shares
0.50%*-$10kPrimary Shares
OTHER TIERS: 0.05% $10k+
0.08%--Secondary Shares
0.05%--Christmas Club

Flasher Community Credit Union Money Market Rates

0.50%*$10k*$50kSuper Shares
OTHER TIERS: 0.30% $2.5k - $10k | 0.40% $50k+

Flasher Community Credit Union CD Rates

1.09%$2k$10k24 Month CD
0.50%$500$10k6 Month CD
0.10%$1k$10k12 Month CD
0.10%$2.5k$10k36 Month CD

Flasher Community Credit Union Locations
Branch Office105 N Main StFlasher, ND 58535-7201

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