Gary Firefighters Association

200 E 5th Ave
Gary, IN 46402

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 169
Date Established 1935
Assets $1.93 million
Loans $0.87 million
Deposits $1.24 million
Capital $0.66 million

Gary Firefighters Association is an NCUA insured institution located in Gary, IN. It was founded in 1935 and has approximately $1.93 millions in assets.

Savings Rates

Your Current Location: Virginia, VA 20146

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Loan Rates

Your Current Location: Virginia, VA 20146

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Branches

Below are Gary Firefighters Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Gary Firefighters Association Locations

Financial Details

Gary Firefighters Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Gary Firefighters Association. The data is provided by the NCUA. Please remember that all federal credit unions listed on BestCashCow.com are NCUA insured. No depositor has ever lost money while their funds have been insured by NCUA.

Texas Ratio
Gary Firefighters Association U.S. Average
3.35% 4.91%

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. As of March 31, 2016, Gary Firefighters Association had $22,521 in non-current loans and $0 in owned assets. To cover these potential losses it had $657,149 in net worth and $14,240 in loans loss reserves. That gives it a Texas Ratio of 3.35%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.

Net Worth
Gary Firefighters Association U.S. Average
32.95% 10.85%

Gary Firefighters Association FCU has a net worth of 32.95% versus the BestCashCow average of 10.85%. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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