Overview / Commentary
Molokai Community Federal Credit Union is headquartered in Kaunakakai and is the 38th largest credit union in the state of Hawaii. It is also the 2,819th largest credit union in the nation. It was established in 1951 and as of September of 2022, it had grown to 9 employees and 4,250 members at 2 locations. Molokai Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship on the Island of Molokai, Hawaii.
See current membership details
Health
B+
Data as of Q3 2022
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. Molokai Community Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7471 |
| Year Chartered | 1951 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.39% |
| Return on Equity - YTD | 20.61% |
| Annual Interest Income | $864.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $37.3MM$36.2MM |
| Loans | Q3 2022vs Q3 2021 | $20.4MM$14.2MM |
| Deposits | Q3 2022vs Q3 2021 | $32.8MM$31.9MM |
| Equity Capital | Q3 2022vs Q3 2021 | $4.3MM$3.1MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $154.00K$350.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $93.00K$60.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |