Overview / Commentary
Growing Oaks is headquartered in Goldsby and is the 52nd largest credit union in the state of Oklahoma. It is also the 4,113th largest credit union in the nation. It was established in 2020 and as of March of 2025, it had grown to 3 employees and 426 members at 3 locations. Growing Oaks has a C health rating.
Field of Membership Restrictions
Membership in Growing Oaks Federal Credit Union is open to those who live, work, worship, or attend school in the Oklahoma counties of Canadian, Cleveland, McClain, or Oklahoma.
See current membership details
Health
C
Data as of Q1 2025
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. Growing Oaks has a very low asset base, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24919 |
| Year Chartered | 2020 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -4.29% |
| Return on Equity - YTD | -40.09% |
| Annual Interest Income | $43K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $3.5MM$2.9MM |
| Loans | Q1 2025vs Q1 2024 | $2.2MM$1.6MM |
| Deposits | Q1 2025vs Q1 2024 | $3.1MM$2.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $368K$335K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $18K$9K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $64K$14K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |