Credit Unions | Arizona Credit Unions

Ray Federal Credit Union:

Ray Federal Credit Union was chartered in 1955 and its charter number is 9951. Ray Federal Credit Union's address registered with the NCUA is PO BOX 1089, KEARNY, AZ 85237. As of 11/01/06, Ray FCU reported $4,140,405 in assets. The credit union currently has 1,367 members. It's Manager/CEO is Darlene C. Sanders. The credit unions website is No Web Address Provided

Ray Federal Credit Union is a member of the Arizona Credit Union League.

Ray Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $3,969,234
Total Loans: $2,175,698
Net Worth Ratio: 13.95
% Share Growth: 4.49
% Loan Growth: 26.37
Loans/Assets Ratio: 54.81
Investment/Assets Ratio: 36.68
Number of Members: 1,387
Number of Full-time Employees: 5

 In the year of 2006, Ray Credit Union assets increased by 0.06% and its membership increased by 0.02%. Ray CU's membership increased by a total of 27 members. Assets increased by the amount of $249,844. The total loan amounts went from $1,721,590 in 2005 to $2,175,698 in 2006. Their net worth ratio increased to 13.95. Ray CU maintained their job opportunities at 5 by adding 0 new employees.

As of December 31, 2005
Total Assets: $3,719,390
Total Loans: $1,721,590
Net Worth Ratio: 12.23
% Share Growth: -6.57
% Loan Growth: 0.56
Loans/Assets Ratio: 46.28
Investment/Assets Ratio: 46.07
Number of Members: 1,360
Number of Full-time Employees: 5

 In the year of 2005, Ray Credit Union assets decreased by 0.06% and its membership decreased by 0.24%. Ray CU's membership decreased by a total of 420 members. Assets decreased by the amount of $166,827. The total loan amounts went from $1,711,877 in 2004 to $1,721,590 in 2005. Their net worth ratio increased slightly to 12.23. Ray CU maintained their job opportunities at 5 by adding 0 newemployees.

As of December 31, 2004
Total Assets: $3,886,217
Total Loans: $1,711,877
Net Worth Ratio: 10.14
% Share Growth: 2.05
% Loan Growth: 0.76
Loans/Assets Ratio: 44.04
Investment/Assets Ratio: 46.11
Number of Members: 1,780
Number of Full-time Employees: 5

  
In Arizona, this credit union competes with Navy Federal Credit Union, Arrowhead Credit Union and other credit unions for your business.

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