ELECTRICAL WORKERS NO 558 Credit Union Profile

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ELECTRICAL WORKERS NO 558

Charter #12478 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (256) 383-6551

Fax: (256) 383-6556

Founding Date: N/A

Website: http://www.ew558fcu.com

Personnel & Operations

President: Rutledge, Hayes

Manager: MORRIS, VICKI

FT Employees: 3

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 02

Branches: 1

Hours: MONDAY - FRIDAY 8:00 TILL 5:00

Credit Union Profile Summary

ELECTRICAL WORKERS NO 558 is a FCU Credit Union. With a total of 2,641 members [1], this institution manages approximately $45,209,751 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 18.73% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.45% [1].

Financial Snapshot

Total Assets [1]
$45,209,751

Total economic resources.

Total Loans [1]
$24,274,077

Total value of outstanding loans.

Total Deposits [1]
$36,524,246

Total funds deposited by members.

Members [1]
2,641

Number of active members.

Performance Ratios

Net Worth Ratio [1]
18.73%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
2.26%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
66.46%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 2.19%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -3.45%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.49%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1705 E 17TH ST

SHEFFIELD, AL, 35660-2517
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by ELECTRICAL WORKERS NO 558 (Charter #12478).

Main Office

Main Office Main Office

Type: Corporate Office

1705 E 17th St

Sheffield, AL 35660-2517

Phone: (256) 383-6551

Services: Member Services, Drive-Thru

Open in Directions