Overview / Commentary
Strata Credit Union is headquartered in Bakersfield and is the 104th largest credit union in the state of California. It is also the 938th largest credit union in the nation. It was established in 1949 and as of June of 2024, it had grown to 70 employees and 24,040 members at 4 locations. Strata Credit Union has an A health rating.
Field of Membership Restrictions
Strata Credit Union is open to anyone who lives, works, goes to school or worships in Kern County, California.
See current membership details
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6032 |
| Year Chartered | 1949 |
| Employees | 70 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.89% |
| Return on Equity - YTD | 14% |
| Annual Interest Income | $8.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $342.4MM$348.2MM |
| Loans | Q2 2024vs Q2 2023 | $258.2MM$258.8MM |
| Deposits | Q2 2024vs Q2 2023 | $289.1MM$293.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $46.6MM$41.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $2.1MM$2.4MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $778K$1MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |