REDEEMER Credit Union Profile

Showing details for REDEEMER Credit Union.

Home > TX > REDEEMER

REDEEMER

Charter #24867 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (903) 213-6010

Fax: (903) 900-4663

Founding Date: N/A

Website: http://www.redeemerfcu.org

Personnel & Operations

President: Kuye, Olugbenga

Manager: Adenugba, Ayodele

FT Employees: 2

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 01

Branches: 1

Hours: 9:00am- 4:00pm CST

Credit Union Profile Summary

REDEEMER is a FCU Credit Union. With a total of 1,060 members [1], this institution manages approximately $4,965,147 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 30.28% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -12.90% [1].

Financial Snapshot

Total Assets [1]
$4,965,147

Total economic resources.

Total Loans [1]
$1,598,329

Total value of outstanding loans.

Total Deposits [1]
$3,448,315

Total funds deposited by members.

Members [1]
1,060

Number of active members.

Performance Ratios

Net Worth Ratio [1]
30.28%

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]
-4.24%

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

Loan-to-Share Ratio [1]
46.35%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-27.03%

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

Loan Growth (4Q) [1]
-12.90%

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

Member Growth (4Q) [1]
1.73%

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

Headquarters Location & Map

Headquarters Address

4160 W Spring Creek Pkwy, Suite A-2

Plano, TX, 75024

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 REDEEMER (Charter #24867).

Main Office

Office Main Office

Type: Corporate Office

515 County Road 1118

Greenville, TX 75401

Phone: (903) 213-6010

Services: Member Services

Open in Directions