Overview / Commentary
TVA Community Credit Union is headquartered in Muscle Shoals and is the 16th largest credit union in the state of Alabama. It is also the 773rd largest credit union in the nation. It was established in 1936 and as of December of 2019, it had grown to 47 employees and 18,744 members at 9 locations. TVA Community Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in TVA Community Credit Union is open to those who live, work, attend school or worship in Colbert, Morgan, Limestone, Lauderdale, Marshall, Lawrence, or Franklin Counties in Alabama.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68559 |
| Year Chartered | 1936 |
| Employees | 47 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 4.8% |
| Annual Interest Income | $10.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $335.6MM$312.3MM |
| Loans | Q4 2019vs Q4 2018 | $117.6MM$118.9MM |
| Deposits | Q4 2019vs Q4 2018 | $282.4MM$265.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $51.9MM$46.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $705.00K$662.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $64.00K$405.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$91.00K |