Overview / Commentary
TrueCore Federal Credit Union is headquartered in newark and is the 36th largest credit union in the state of Ohio. It is also the 1,167th largest credit union in the nation. It was established in 1940 and as of June of 2022, it had grown to 57 employees and 16,704 members at 3 locations. TrueCore Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work (or regularly conduct business in), worship, attend school, or participate in associations which are headquartered in Licking County.
See current membership details
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4024 |
| Year Chartered | 1940 |
| Employees | 57 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.21% |
| Return on Equity - YTD | 3.56% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $229.3MM$216.2MM |
| Loans | Q2 2022vs Q2 2021 | $127.8MM$125.2MM |
| Deposits | Q2 2022vs Q2 2021 | $205.7MM$189.7MM |
| Equity Capital | Q2 2022vs Q2 2021 | $13.3MM$14.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $699.00K$762.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $427.00K$671.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$3.00K |