Overview / Commentary
Weyco Community Credit Union is headquartered in Plymouth and is the 27th largest credit union in the state of North Carolina. It is also the 1,953rd largest credit union in the nation. It was established in 1959 and as of March of 2022, it had grown to 19 employees and 5,362 members at 3 locations. Weyco Community Credit Union has an A health rating.
Field of Membership Restrictions
Weyco Community Credit Union is open to businesses and anyone who lives, works, worships, or attends school in Beaufort, Craven, Martin, Pitt, or Washington counties.
See current membership details
Health
A
Data as of Q1 2022
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. Weyco Community Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66324 |
| Year Chartered | 1959 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.04% |
| Return on Equity - YTD | -0.32% |
| Annual Interest Income | $523.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $90.1MM$85.2MM |
| Loans | Q1 2022vs Q1 2021 | $42.5MM$43.5MM |
| Deposits | Q1 2022vs Q1 2021 | $79.7MM$75.0MM |
| Equity Capital | Q1 2022vs Q1 2021 | $10.1MM$10.0MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $519.00K$471.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $593.00K$521.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |