Overview / Commentary
Golden Circle Credit Union is headquartered in Massillon and is the 69th largest credit union in the state of Ohio. It is also the 1,749th largest credit union in the nation. It was established in 1940 and as of September of 2019, it had grown to 15 employees and 8,068 members at 2 locations. Golden Circle Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Golden Circle Credit Union of Ohio is open to the residents, church members, registered students, and the people that maintain employment within Stark County, the employees of the credit union affiliated select employee groups, and the members of the Golden Lodge Union Local 1123.
See current membership details
Health
B+
Data as of Q3 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. Golden Circle Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61239 |
| Year Chartered | 1940 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.45% |
| Return on Equity - YTD | 2.7% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $87.8MM$86.4MM |
| Loans | Q3 2019vs Q3 2018 | $51.0MM$57.4MM |
| Deposits | Q3 2019vs Q3 2018 | $71.6MM$70.2MM |
| Equity Capital | Q3 2019vs Q3 2018 | $14.7MM$14.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $200.00K$254.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $819.00K$623.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $99.00K$55.00K |