Overview / Commentary
Health Credit Union is headquartered in Birmingham and is the 56th largest credit union in the state of Alabama. It is also the 2,935th largest credit union in the nation. It was established in 1955 and as of March of 2025, it had grown to 5 employees and 2,078 members at 1 location. Health Credit Union's CD rates are 67% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Health Credit Union is open to the Jefferson County (AL) Health Department employees of their family members.
See current membership details
Health
B+
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. Health Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62664 |
| Year Chartered | 1955 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 3.62% |
| Annual Interest Income | $418K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $28.7MM$27.3MM |
| Loans | Q1 2025vs Q1 2024 | $17.7MM$18.1MM |
| Deposits | Q1 2025vs Q1 2024 | $22.2MM$21MM |
| Equity Capital | Q1 2025vs Q1 2024 | $6.2MM$6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $97K$152K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $389K$450K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |