Glendale Area Schools Credit Union
Overview / Commentary
Glendale Area Schools Credit Union is headquartered in GLENDALE and is the 92nd largest credit union in the state of California. It is also the 812th largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 25 employees and 11,146 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 Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 97101 |
| Year Chartered | 1937 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.82% |
| Return on Equity - YTD | -7.9% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $436.9MM$436.9MM |
| Loans | Q1 2025vs Q1 2024 | $138.7MM$146.6MM |
| Deposits | Q1 2025vs Q1 2024 | $369.8MM$372.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $44.9MM$42.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $799K$983K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $3.5MM$715K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |