Overview / Commentary
Pillar Credit Union is headquartered in MARION and is the 78th largest credit union in the state of Ohio. It is also the 1,927th largest credit union in the nation. It was established in 1960 and as of June of 2022, it had grown to 24 employees and 9,201 members at 2 locations. Pillar Credit Union has an A health rating.
Field of Membership Restrictions
Pillar Credit Union is open to those who live, work, or go to school in Crawford, Hancock, Marion, Morrow, Richland, or Wyandot counties. Immediate family may also join.
See current membership details
Health
A
Data as of Q2 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. Pillar Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61324 |
| Year Chartered | 1960 |
| Employees | 24 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.01% |
| Return on Equity - YTD | 10.97% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $92.0MM$87.0MM |
| Loans | Q2 2022vs Q2 2021 | $57.0MM$53.0MM |
| Deposits | Q2 2022vs Q2 2021 | $83.4MM$77.7MM |
| Equity Capital | Q2 2022vs Q2 2021 | $8.5MM$9.0MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $255.00K$343.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $37.00K$136.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |