Overview / Commentary
GNO Federal Credit Union is headquartered in Metairie and is the 23rd largest credit union in the state of Louisiana. It is also the 1,470th largest credit union in the nation. It was established in 1935 and as of September of 2022, it had grown to 54 employees and 14,582 members at 3 locations. GNO Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in GNO Federal Credit Union is open to those who live, work, worship or attend school in, and businesses and other legal entities located in the under served area of Orleans Parish, Louisiana. Membership is also open to all residents of Louisiana through membership in the American Consumer Council.
See current membership details
Health
A
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 404 |
| Year Chartered | 1935 |
| Employees | 54 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 9.15% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $154.0MM$146.9MM |
| Loans | Q3 2022vs Q3 2021 | $126.5MM$108.1MM |
| Deposits | Q3 2022vs Q3 2021 | $132.0MM$127.1MM |
| Equity Capital | Q3 2022vs Q3 2021 | $19.0MM$17.4MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $775.00K$4.1MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $2.3MM$5.5MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |