Overview / Commentary
Naheola Credit Union is headquartered in Pennington and is the 30th largest credit union in the state of Alabama. It is also the 1,389th largest credit union in the nation. It was established in 1959 and as of December of 2021, it had grown to 32 employees and 10,944 members at 4 locations. Naheola Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live in Marengo, Choctaw, Washington, Sumter, Clarke, Perry, Hale, Greene, Escambia, Mobile, and Baldwin Counties in Alabama.
See current membership details
Health
A+
Data as of Q4 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62661 |
| Year Chartered | 1959 |
| Employees | 32 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 7.45% |
| Annual Interest Income | $6.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $166.6MM$154.8MM |
| Loans | Q4 2021vs Q4 2020 | $121.5MM$115.9MM |
| Deposits | Q4 2021vs Q4 2020 | $133.5MM$126.6MM |
| Equity Capital | Q4 2021vs Q4 2020 | $26.3MM$24.7MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.1MM$933.00K |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.1MM$1.0MM |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$23.00K |