Overview / Commentary
Golden Circle Credit Union is headquartered in Massillon and is the 72nd largest credit union in the state of Ohio. It is also the 1,809th largest credit union in the nation. It was established in 1940 and as of December of 2020, it had grown to 16 employees and 7,449 members at 2 locations. Golden Circle Credit Union has an A 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
A
Data as of Q4 2020
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 | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.25% |
| Return on Equity - YTD | -1.59% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $93.9MM$87.6MM |
| Loans | Q4 2020vs Q4 2019 | $45.4MM$49.8MM |
| Deposits | Q4 2020vs Q4 2019 | $78.6MM$71.2MM |
| Equity Capital | Q4 2020vs Q4 2019 | $14.7MM$14.6MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $446.00K$160.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.2MM$566.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $37.00K$60.00K |