Overview / Commentary
The Wright Credit Union is headquartered in Toccoa and is the 51st largest credit union in the state of Georgia. It is also the 3,304th largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 6 employees and 1,795 members at 2 locations. The Wright Credit Union has a B+ health rating.
Field of Membership Restrictions
The Wright Credit Union is open to those who live or work in the Georgia counties of Elbert, Franklin, Hart, or Stephens, as well as employees/retirees of select work groups. Immediate family of current credit union members are also eligible for membership.
See current membership details
Health
B+
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. The Wright Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67564 |
| Year Chartered | 1963 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.62% |
| Return on Equity - YTD | 3.9% |
| Annual Interest Income | $265K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $17.2MM$16.5MM |
| Loans | Q1 2025vs Q1 2024 | $9.7MM$10MM |
| Deposits | Q1 2025vs Q1 2024 | $14.5MM$13.7MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.7MM$2.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $144K$84K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $71K$283K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |