Golden Triangle Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B+
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CURRENT TOP RATE
1.00% APY
24 Month CD
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Overview / Commentary
Golden Triangle Federal Credit Union is headquartered in Groves and is the 213th largest credit union in the state of Texas. It is also the 2,735th largest credit union in the nation. It was established in 1953 and as of September of 2020, it had grown to 8 employees and 2,595 members at 1 location. Golden Triangle Federal Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Golden Triangle Federal Credit Union is open to those who live, worship, attend school or work in Port Arthur or Groves, Texas. Membership is also open to employees of over 40 area businesses and organizations.
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Health
B+
Data as of Q3 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 Triangle Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8298 |
| Year Chartered | 1953 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 8.06% |
| Annual Interest Income | $891.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $37.4MM$32.9MM |
| Loans | Q3 2020vs Q3 2019 | $16.1MM$16.8MM |
| Deposits | Q3 2020vs Q3 2019 | $32.0MM$27.8MM |
| Equity Capital | Q3 2020vs Q3 2019 | $4.7MM$4.5MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $103.00K$75.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $133.00K$138.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |