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 101st largest credit union in the state of Louisiana. It is also the 4,101st largest credit union in the nation. It was established in 1937 and as of June of 2021, it had grown to 4 employees and 1,643 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 2021
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 | 0.09% |
| Return on Equity - YTD | 1.19% |
| Annual Interest Income | $160.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $9.2MM$8.1MM |
| Loans | Q2 2021vs Q2 2020 | $3.6MM$3.3MM |
| Deposits | Q2 2021vs Q2 2020 | $8.5MM$7.5MM |
| Equity Capital | Q2 2021vs Q2 2020 | $673.00K$665.00K |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $29.00K$29.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $40.00K$24.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |