Overview / Commentary
Naheola Credit Union is headquartered in Pennington and is the 29th largest credit union in the state of Alabama. It is also the 1,335th largest credit union in the nation. It was established in 1959 and as of June of 2023, it had grown to 32 employees and 11,699 members at 4 locations. Naheola Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Naheola Credit Union is open to those who live, work, or worship in the Alabama counties of Baldwin, Choctaw, Clarke, Escambia, Greene, Hale, Marengo, Mobile, Perry, Sumter, or Washington.
See current membership details
Health
A
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62661 |
| Year Chartered | 1959 |
| Employees | 32 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.23% |
| Return on Equity - YTD | 7.58% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $178.9MM$168.0MM |
| Loans | Q2 2023vs Q2 2022 | $140.7MM$131.3MM |
| Deposits | Q2 2023vs Q2 2022 | $147.5MM$137.7MM |
| Equity Capital | Q2 2023vs Q2 2022 | $28.6MM$26.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.2MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $1.6MM$1.3MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |