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 1,984th largest credit union in the nation. It was established in 1959 and as of June of 2021, it had grown to 19 employees and 5,300 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 Q2 2021
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 | 0.13% |
| Return on Equity - YTD | 1.08% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $84.3MM$75.5MM |
| Loans | Q2 2021vs Q2 2020 | $44.6MM$42.4MM |
| Deposits | Q2 2021vs Q2 2020 | $74.1MM$65.5MM |
| Equity Capital | Q2 2021vs Q2 2020 | $10.0MM$9.9MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $450.00K$371.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $407.00K$585.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |