Sewerage & Water Board Employees Federal Credit Union
LOCATIONS
1
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HEALTH RATING
C+
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CURRENT TOP RATE
1.00% APY
24 Month CD
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Overview / Commentary
Sewerage & Water Board Employees Federal Credit Union is headquartered in New Orleans and is the 99th largest credit union in the state of Louisiana. It is also the 3,995th largest credit union in the nation. It was established in 1937 and as of June of 2022, it had grown to 4 employees and 1,637 members at 1 location. Sewerage & Water Board Employees Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership in Sewerage and Water Board Employees Federal Credit Union is open to employees of the Sewerage and Water Board in New Orleans, Louisiana.
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Health
C+
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. Sewerage & Water Board Employees Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2056 |
| Year Chartered | 1937 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.66% |
| Return on Equity - YTD | -9.6% |
| Annual Interest Income | $159.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $9.4MM$9.2MM |
| Loans | Q2 2022vs Q2 2021 | $4.2MM$3.6MM |
| Deposits | Q2 2022vs Q2 2021 | $8.7MM$8.5MM |
| Equity Capital | Q2 2022vs Q2 2021 | $645.00K$673.00K |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $17.00K$29.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $30.00K$40.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |