CORRECTIONS Credit Union Profile
Showing details for CORRECTIONS Credit Union.
Credit Union Profile for: CORRECTIONS
CORRECTIONS
Headquarters Contact & Staff
Contact & Info
Phone: (831) 678-2631
Fax: (831) 678-2094
Founding Date: N/A
Website: http://www.CORFED.com
Personnel & Operations
President: Ortega, Arnold
Manager: Meza, Pete
FT Employees: 10
PT Employees: 0
Designations & Ratios
MDI Status: No
RBC Ratio: 0%
Membership Type: 36
Branches: 2
Hours: M,Tu,W,F 6:30AM-5:00PM Thur 10:00AM-5:30PM
Credit Union Profile Summary
CORRECTIONS is a FCU Credit Union. With a total of 3,578 members [1], this institution manages approximately $34,147,905 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.09% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 18.23% [1].
Financial Snapshot
Performance Ratios
This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.
Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.
Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.
Four-Quarter Growth
Indicates change in total size. Positive growth means the credit union is expanding its operations.
Shows change in lending activity. Positive growth means they are actively increasing their lending business.
Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.
Headquarters Location & Map
Member Ratings & Reviews
Average Member Rating:
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Branch Locations
Found 1 branches reported by CORRECTIONS (Charter #13254).
Main Office
MAIN CORRECTIONAL FACILITY BRANCH Main Office
4 miles North of Soledad, Hwy 101
Soledad, CA 93960
Phone: (831) 678-2631
Services: Member Services, ATM