Greensboro Municipal Federal Credit Union


Overview / Commentary
336-373-2090
217 N Greene St
Greensboro, NC 27401

Greensboro Municipal Federal Credit Union is headquartered in Greensboro and is the 34th largest credit union in the state of North Carolina. It is also the 2,216th largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 16 employees and 6,172 members at 3 locations. Greensboro Municipal Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of the City of Greensboro, North Carolina, and their families and to employees of the credit union's Select Employee Groups.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
Additional 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. Greensboro Municipal Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #24840
Year Chartered1937
Employees16
Primary Regulator
Profit Margin
Return on Assets - YTD0.65%
Return on Equity - YTD5.33%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$56.5MM$54.0MM
LoansQ4 2019vs Q4 2018$41.8MM$41.9MM
DepositsQ4 2019vs Q4 2018$48.9MM$46.8MM
Equity CapitalQ4 2019vs Q4 2018$6.9MM$6.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$576.00K$493.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$926.00K$818.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Rates for Greensboro Municipal Federal Credit Union are currently being reviewed.

Locations


Greensboro Municipal Federal Credit Union Locations
Branch Office2200 Soabar StGreensboro, NC 27406
Branch Office217 N Greene StGreensboro, NC 27401
Branch Office2511 Phillips AveGreensboro, NC 27405

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.