Overview / Commentary
ILA 1351 Federal Credit Union is headquartered in La Porte and is the 300th largest credit union in the state of Texas. It is also the 3,715th largest credit union in the nation. It was established in 1966 and as of December of 2019, it had grown to 3 employees and 965 members at 1 location. ILA 1351 Federal Credit Union has a B health rating.
Field of Membership Restrictions
ILA 1351 Federal Credit Union is open only to ILA members and their families.
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. ILA 1351 Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 17253 |
| Year Chartered | 1966 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.25% |
| Return on Equity - YTD | 1.36% |
| Annual Interest Income | $536.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $13.5MM$13.8MM |
| Loans | Q4 2019vs Q4 2018 | $6.3MM$5.6MM |
| Deposits | Q4 2019vs Q4 2018 | $10.9MM$11.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.4MM$2.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $43.00K$31.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |