Overview / Commentary
Skyward Credit Union is headquartered in Wichita and is the 10th largest credit union in the state of Kansas. It is also the 801st largest credit union in the nation. It was established in 1941 and as of March of 2022, it had grown to 63 employees and 17,976 members at 5 locations. Skyward Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to current and former employees of Textron Aviation and its subsidiaries (TRU Simulation, Cessna/Textron Finance Company, Flight Safety International, Yingling Aviation) and the credit union's Select Employer Groups.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63300 |
| Year Chartered | 1941 |
| Employees | 63 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.4% |
| Return on Equity - YTD | 4.16% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $417.5MM$399.0MM |
| Loans | Q1 2022vs Q1 2021 | $165.1MM$137.6MM |
| Deposits | Q1 2022vs Q1 2021 | $333.3MM$301.1MM |
| Equity Capital | Q1 2022vs Q1 2021 | $40.1MM$54.0MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $762.00K$775.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $483.00K$626.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |