Overview / Commentary
Granco Federal Credit Union is headquartered in Ephrata and is the 44th largest credit union in the state of Washington. It is also the 1,830th largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 20 employees and 4,918 members at 2 locations. Granco Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Granco Federal Credit Union is open employees of the the Public Utility District of Grant Kittitas, Okanogan and Douglas Counties in Washington and other organizations and municipalities.
See current membership details
Health
B+
Data as of Q4 2022
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. Granco Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10904 |
| Year Chartered | 1956 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 9.11% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $99.6MM$93.7MM |
| Loans | Q4 2022vs Q4 2021 | $52.9MM$47.6MM |
| Deposits | Q4 2022vs Q4 2021 | $91.9MM$86.6MM |
| Equity Capital | Q4 2022vs Q4 2021 | $7.7MM$6.9MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $212.00K$226.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $640.00K$307.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |