Overview / Commentary
Greater Kinston Credit Union is headquartered in KINSTON and is the 50th largest credit union in the state of North Carolina. It is also the 3,487th largest credit union in the nation. It was established in 1952 and as of June of 2024, it had grown to 5 employees and 4,002 members at 1 location. Greater Kinston Credit Union's CD rates are 4X the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership in Greater Kinston Credit Union is open to those who live, work, worship, or attend school, and businesses, associations and societies located in the North Carolina counties of Craven, Greene, Jones, Lenoir, or Pitt.
See current membership details
Health
C+
Data as of Q2 2024
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. Greater Kinston Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 64034 |
| Year Chartered | 1952 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 5.1% |
| Annual Interest Income | $354K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $14.3MM$14.3MM |
| Loans | Q2 2024vs Q2 2023 | $9.9MM$9MM |
| Deposits | Q2 2024vs Q2 2023 | $12.2MM$12.3MM |
| Equity Capital | Q2 2024vs Q2 2023 | $2MM$1.9MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $167K$203K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $199K$55K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |