Sewerage & Water Board Employees Federal Credit Union
Overview / Commentary
Sewerage & Water Board Employees Federal Credit Union is headquartered in New Orleans and is the 91st largest credit union in the state of Louisiana. It is also the 3,726th largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 3 employees and 1,528 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.
See current membership details
Health
C
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. Sewerage & Water Board Employees Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2056 |
| Year Chartered | 1937 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.3% |
| Return on Equity - YTD | 3.98% |
| Annual Interest Income | $113K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $8.5MM$8.5MM |
| Loans | Q1 2025vs Q1 2024 | $3.8MM$3.8MM |
| Deposits | Q1 2025vs Q1 2024 | $7.8MM$7.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $614K$566K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $33K$27K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $57K$5K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |