Overview / Commentary
Millstream Area Credit Union is headquartered in Findlay and is the 99th largest credit union in the state of Ohio. It is also the 2,261st largest credit union in the nation. It was established in 1966 and as of June of 2024, it had grown to 23 employees and 7,774 members at 3 locations. Millstream Area Credit Union has a B+ health rating.
Field of Membership Restrictions
Millstream Area Credit Union is open to those who live, work, worship, or attend school in the Ohio counties of Allen, Hancock, Hardin, Putnam, Seneca, or Wood. Relatives of a current Millstream Area Credit Union membership are also eligible to join.
See current membership details
Health
B+
Data as of Q2 2024
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. Millstream Area Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 96756 |
| Year Chartered | 1966 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.41% |
| Return on Equity - YTD | 12.6% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $61.9MM$60MM |
| Loans | Q2 2024vs Q2 2023 | $31.4MM$30.3MM |
| Deposits | Q2 2024vs Q2 2023 | $54.6MM$53.8MM |
| Equity Capital | Q2 2024vs Q2 2023 | $6.9MM$5.8MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $313K$326K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $193K$265K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |