CHEROKEE STRIP Credit Union Profile

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CHEROKEE STRIP

Charter #64281 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (580) 718-4000

Fax: (580) 718-4090

Founding Date: N/A

Website: http://www.cherokeestrip.com

Personnel & Operations

President: Howard, Robert

Manager: Henderson, Spike

FT Employees: 32

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 3

Hours: 8:30 - 6:00

Credit Union Profile Summary

CHEROKEE STRIP is a FISCU Credit Union. With a total of 8,936 members [1], this institution manages approximately $98,723,070 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.24% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.03% [1].

Financial Snapshot

Total Assets [1]
$98,723,070

Total economic resources.

Total Loans [1]
$77,571,807

Total value of outstanding loans.

Total Deposits [1]
$87,887,639

Total funds deposited by members.

Members [1]
8,936

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.24%

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]
-0.12%

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

Loan-to-Share Ratio [1]
88.26%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -8.21%

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

Loan Growth (4Q) [1]
↑ 2.03%

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

Member Growth (4Q) [1]
↓ -1.70%

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

Headquarters Location & Map

Headquarters Address

1508 E Prospect Ave

Ponca City, OK, 74604-1909
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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 2 branches reported by CHEROKEE STRIP (Charter #64281).

Main Office

EAST - Prospect Branch Main Office

Type: Corporate Office

1508 E Prospect Ave

Ponca City, OK 74604-1909

Phone: (580) 718-4000

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Ponca City

WEST - Waverly Branch

Type: Branch Office

1508 W Hartford Ave

Ponca City, OK 74601

Phone: (580) 718-4030

Services: Member Services, ATM, Drive-Thru

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