Overview / Commentary
L'oreal USA Federal Credit Union is headquartered in Clark and is the 63rd largest credit union in the state of New Jersey. It is also the 3,134th largest credit union in the nation. It was established in 1972 and as of March of 2021, it had grown to 5 employees and 2,934 members at 2 locations. L'oreal USA Federal Credit Union's savings rates are 15% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in L'Oreal USA Federal Credit Union is open to anyone who works for L’Oreal, or is an immediate family member of a Credit Union member.
See current membership details
Health
B+
Data as of Q1 2021
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. L'oreal USA Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 21109 |
| Year Chartered | 1972 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.76% |
| Return on Equity - YTD | -3.79% |
| Annual Interest Income | $154.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $28.1MM$24.3MM |
| Loans | Q1 2021vs Q1 2020 | $9.2MM$11.4MM |
| Deposits | Q1 2021vs Q1 2020 | $22.6MM$18.6MM |
| Equity Capital | Q1 2021vs Q1 2020 | $5.5MM$5.6MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $143.00K$191.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $110.00K$156.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |