Overview / Commentary
Rocket City Federal Credit Union is headquartered in Huntsville and is the 39th largest credit union in the state of Alabama. It is also the 2,198th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 11 employees and 5,694 members at 1 location. Rocket City Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Rocket City Federal Credit Union is open to employees of more than 100 Select Employer Groups, including the City of Huntsville, Huntsville Utilities, and Von Braun Civic Center). Family members of current Rocket City Federal Credit Union are also eligible to join.
See current membership details
Health
B+
Data as of Q1 2025
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. Rocket City Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9662 |
| Year Chartered | 1954 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.42% |
| Return on Equity - YTD | 9.01% |
| Annual Interest Income | $786K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $65.8MM$64.8MM |
| Loans | Q1 2025vs Q1 2024 | $29.3MM$27.8MM |
| Deposits | Q1 2025vs Q1 2024 | $54.9MM$55MM |
| Equity Capital | Q1 2025vs Q1 2024 | $10.3MM$9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $141K$136K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $111K$250K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |