Gorman-Rupp & Associates Credit Union
Overview / Commentary
Gorman-Rupp & Associates Credit Union is headquartered in Mansfield and is the 205th largest credit union in the state of Ohio. It is also the 4,402nd largest credit union in the nation. It was established in 1899 and as of June of 2016, it had grown to 4 employees and 1,974 members at 1 location. Gorman-Rupp & Associates Credit Union's CD rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Richland County, Ohio.
See current membership details
Health
B
Data as of Q2 2016
Learn more about bank healthAdditional 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. Gorman-Rupp & Associates Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 96719 |
| Year Chartered | 1899 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.25% |
| Return on Equity - YTD | 2.36% |
| Annual Interest Income | $282.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $8.7MM$8.4MM |
| Loans | Q2 2016vs Q2 2015 | $5.8MM$6.0MM |
| Deposits | Q2 2016vs Q2 2015 | $7.8MM$7.5MM |
| Equity Capital | Q2 2016vs Q2 2015 | $932.00K$911.00K |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $174.00K$126.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $122.00K$373.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Gorman-Rupp & Associates Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Gorman-Rupp & Associates Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.82% | $100k | - | 6 Month Jumbo CD | |
| 1.82% | $100k | - | 12 Month Jumbo CD | |
| 1.82% | $100k | - | 24 Month Jumbo CD | |
| 1.00% | $500 | $100k | 24 Month CD | |
| 0.55% | $500 | $100k | 12 Month CD | |
| 0.35% | $500 | $100k | 6 Month CD |
Locations
| Gorman-Rupp & Associates Credit Union Locations | ||
|---|---|---|
| Corporate Office | 1766 Harrington Memorial Rd | Mansfield, OH 44903 |