Hialeah Municipal Employees Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
0.30% APY
Share Accounts
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Overview / Commentary
Hialeah Municipal Employees Federal Credit Union is headquartered in Hialeah and is the 118th largest credit union in the state of Florida. It is also the 3,866th largest credit union in the nation. It was established in 1951 and as of December of 2019, it had grown to 3 employees and 1,553 members at 1 location. Hialeah Municipal Employees Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of the city of Hialeah, Florida.
See current membership details
Health
B
Data as of Q4 2019
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. Hialeah Municipal Employees Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7534 |
| Year Chartered | 1951 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.06% |
| Return on Equity - YTD | -3.48% |
| Annual Interest Income | $432.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $11.7MM$12.1MM |
| Loans | Q4 2019vs Q4 2018 | $3.8MM$4.0MM |
| Deposits | Q4 2019vs Q4 2018 | $7.7MM$7.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.6MM$3.7MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $28.00K$32.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$3.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |