Glendale Area Schools Credit Union
Overview / Commentary
Glendale Area Schools Credit Union is headquartered in GLENDALE and is the 94th largest credit union in the state of California. It is also the 814th largest credit union in the nation. It was established in 1937 and as of December of 2024, it had grown to 26 employees and 11,987 members at 2 locations. Glendale Area Schools Credit Union has a B+ 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 Cañada Unified School Districts. Membership is also open to employees of Glendale Community College or several related institutions.
See current membership details
Health
B+
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97101 |
| Year Chartered | 1937 |
| Employees | 26 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.04% |
| Return on Equity - YTD | 0.36% |
| Annual Interest Income | $14.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $429MM$438.3MM |
| Loans | Q4 2024vs Q4 2023 | $139.9MM$146.5MM |
| Deposits | Q4 2024vs Q4 2023 | $363.7MM$372.8MM |
| Equity Capital | Q4 2024vs Q4 2023 | $43.8MM$43.6MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $282K$1.2MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $2.6MM$622K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |