CHOPTANK ELECTRIC COOP EMPLOY Credit Union Profile

Showing details for CHOPTANK ELECTRIC COOP EMPLOY Credit Union.

Home > MD > CHOPTANK ELECTRIC COOP EMPLOY

CHOPTANK ELECTRIC COOP EMPLOY

Charter #20656 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (410) 479-8667

Fax: (410) 479-3516

Founding Date: N/A

Personnel & Operations

President: Nagel, Nancy

Manager: DeSantis, Lisa

FT Employees: 0

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 23

Branches: 1

Hours: Monday and Wednesday 11:00am to 1:00pm

Credit Union Profile Summary

CHOPTANK ELECTRIC COOP EMPLOY is a FCU Credit Union. With a total of 280 members [1], this institution manages approximately $2,645,294 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 29.79% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.07% [1].

Financial Snapshot

Total Assets [1]
$2,645,294

Total economic resources.

Total Loans [1]
$851,823

Total value of outstanding loans.

Total Deposits [1]
$1,815,577

Total funds deposited by members.

Members [1]
280

Number of active members.

Performance Ratios

Net Worth Ratio [1]
29.79%

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]
0.24%

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

Loan-to-Share Ratio [1]
46.92%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 8.58%

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

Loan Growth (4Q) [1]
↓ -4.07%

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

Member Growth (4Q) [1]
↓ -5.08%

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

Headquarters Location & Map

Headquarters Address

PO Box 430

Denton, MD, 21629-0430
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 1 branches reported by CHOPTANK ELECTRIC COOP EMPLOY (Charter #20656).

Main Office

Choptank Electric Coop. Emp Main Office

Type: Corporate Office

PO Box 430

Denton, MD 21629-0430

Phone: (410) 479-8667

Services: Member Services

Open in Directions