Mcdowell Cornerstone Credit Union is headquartered in MARION and is the 41st largest credit union in the state of North Carolina. It is also the 2,756th largest credit union in the nation. It was established in 1967 and as of September of 2024, it had grown to 8 employees and 2,902 members at 1 location. Mcdowell Cornerstone Credit Union has a B+ health rating.
Membership is open to those who live or work in McDowell County in North Carolina.
See current membership details
Overall | |
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NCUA # | 60149 |
Year Chartered | 1967 |
Employees | 8 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.08% |
Return on Equity - YTD | 6.41% |
Annual Interest Income | $1MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $35.4MM$34.8MM |
Loans | Q3 2024vs Q3 2023 | $22.7MM$16.1MM |
Deposits | Q3 2024vs Q3 2023 | $29.2MM$28.6MM |
Equity Capital | Q3 2024vs Q3 2023 | $5.9MM$5.8MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $167K$218K |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $158K$91K |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$4K |
Rates for Mcdowell Cornerstone Credit Union are currently being reviewed.
Mcdowell Cornerstone Credit Union Locations | ||
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Branch Office | 2031 RUTHERFORD RD | MARION, NC 28752 |