Incenta Federal Credit Union
Field of Membership Restrictions
Membership is open to anyone who lives, works, worships, attends school, or volunteers in Fairfield, Franklin, Delaware, Licking, Madison, Pickaway, and Union Counties of Ohio.
See current membership details
Merger With Pathways Financial Credit Union
Incenta Federal Credit Union has merged with Pathways Financial Credit Union.
https://incentafcu.org/merger-updates/
As part of the merger there appears to be a promo CD rate as well.
https://www.pathwayscu.com/wp-content/uploads/2019/03/Incenta-Welcome-Coupons-v4.0.pdf
Great customer service
I have had my checking account with Incenta for six years now. I was encouraged to join because they had a sign up day with my employer. It cost me $5 to "join," and that money sits as an investment, but not as part of my usable balance. I don't totally understand the reasoning behind it. I had heard good things about Incenta, and it is true that they offered me free and fast notary services and other paper work options. They also helped me one and one when I opened my account and had questions related to my specific situation. I felt like I got correct answers since a real person was talking to me. So the customer service benefits are good and personal. As far as the financial benefits, I don't believe they are as good as my other national bank account. Incenta charges account fees which eat into my balance, and their interest rates aren't any better than a bigger bank. I'm also disappointed by the limitations of their website. Incenta is a good banking option if you are financially comfortable and can afford to pay fees for better service. It's not the best option if you are just getting by and need every penny you can get.
Data as of Q3 2019
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66376 |
| Year Chartered | 1973 |
| Employees | 96 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 7.44% |
| Annual Interest Income | $9.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $405.2MM$260.5MM |
| Loans | Q3 2019vs Q3 2018 | $250.7MM$182.8MM |
| Deposits | Q3 2019vs Q3 2018 | $359.8MM$229.5MM |
| Equity Capital | Q3 2019vs Q3 2018 | $41.0MM$26.2MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $879.00K$689.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $1.1MM$661.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$65.00K |