Overview / Commentary
Genesis Employees Credit Union is headquartered in Zanesville and is the 169th largest credit union in the state of Ohio. It is also the 3,684th largest credit union in the nation. It was established in 1973 and as of December of 2019, it had grown to 5 employees and 3,275 members at 1 location. Genesis Employees Credit Union has a C+ health rating.
Field of Membership Restrictions
Genesis Employee Credit Union of Ohio is open to the professionals, employees, staff members, volunteers, and any facualty of the credit union affiliated select employer groups and partner companies, and the family members of current credit union members.
See current membership details
Health
C+
Data as of Q4 2019
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. Genesis Employees Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68451 |
| Year Chartered | 1973 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.16% |
| Return on Equity - YTD | 9.44% |
| Annual Interest Income | $627.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $13.8MM$14.0MM |
| Loans | Q4 2019vs Q4 2018 | $9.4MM$9.5MM |
| Deposits | Q4 2019vs Q4 2018 | $12.0MM$12.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.7MM$1.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $67.00K$66.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $154.00K$149.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |