Overview / Commentary
Southeastern Ohio Credit Union is headquartered in Cambridge and is the 120th largest credit union in the state of Ohio. It is also the 2,751st largest credit union in the nation. It was established in 1967 and as of September of 2021, it had grown to 11 employees and 5,617 members at 4 locations. Southeastern Ohio Credit Union has a B+ health rating.
Field of Membership Restrictions
Southeastern Ohio Credit Union is open to those who live, work, attend school or worship in Noble, Washington, or Guernsey Counties in Ohio. Membership is also open to employees of Marietta City Schools, Marietta Health Care Systems, Honeywell Inc, and over 30 other Select Employer Groups.
See current membership details
Health
B+
Data as of Q3 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. Southeastern Ohio Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 96674 |
| Year Chartered | 1967 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.87% |
| Return on Equity - YTD | 14.33% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $39.4MM$35.2MM |
| Loans | Q3 2021vs Q3 2020 | $25.0MM$22.7MM |
| Deposits | Q3 2021vs Q3 2020 | $33.8MM$30.3MM |
| Equity Capital | Q3 2021vs Q3 2020 | $5.1MM$4.5MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $221.00K$289.00K |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $241.00K$408.00K |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |