Overview / Commentary
Foothills Federal Credit Union is headquartered in Loudon and is the 47th largest credit union in the state of Tennessee. It is also the 2,003rd largest credit union in the nation. It was established in 1962 and as of June of 2024, it had grown to 19 employees and 5,234 members at 3 locations. Foothills Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Foothills Federal Credit Union is open to the residents of the Tennessee counties of Blount, Loudon, or Monroe.
See current membership details
Health
A
Data as of Q2 2024
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. Foothills Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15015 |
| Year Chartered | 1962 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 7.44% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $82.1MM$74.6MM |
| Loans | Q2 2024vs Q2 2023 | $38.9MM$36.1MM |
| Deposits | Q2 2024vs Q2 2023 | $73.7MM$66.8MM |
| Equity Capital | Q2 2024vs Q2 2023 | $8MM$7.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $302K$332K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $174K$133K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |