Glendale Area Schools Credit Union
Overview / Commentary
Glendale Area Schools Credit Union is headquartered in GLENDALE and is the 95th largest credit union in the state of California. It is also the 712th largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 25 employees and 11,392 members at 2 locations. Glendale Area Schools Credit Union has an A+ health rating.
Field of Membership Restrictions
Glendale Area Schools Credit Union is open to students, parents, or employees of private, parochial or public schools within the Glendale or La Canada Unified School Districts. Membership is also open to employees of Glendale Community College or several related institutions.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 97101 |
| Year Chartered | 1937 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 4.78% |
| Annual Interest Income | $10.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $378.0MM$355.9MM |
| Loans | Q4 2019vs Q4 2018 | $123.1MM$118.2MM |
| Deposits | Q4 2019vs Q4 2018 | $320.7MM$302.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $56.3MM$52.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.2MM$803.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $277.00K$184.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |