Electrical Workers No 558
Electrical Workers No 558 is a credit union based in Sheffield, Alabama, established in 1958, with $45 million in total assets serving 2,614 members. By Trust Grade it ranks 7th of 89 credit unions we track in Alabama. Its net worth ratio of 20.3% is stronger than 79% of similarly sized credit unions, versus a Alabama median of 14.2%. It was profitable over the most recent period, with a 1.99% return on assets. No consumer complaints against Electrical Workers No 558 appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Electrical Workers No 558 compares to Alabama peers
How we graded Electrical Workers No 558
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (20.3% capital ratio)
- Strongly profitable (ROA 1.99%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Electrical Workers No 558 over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Electrical Workers No 558 insured?
Yes. Electrical Workers No 558 is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Electrical Workers No 558: frequently asked questions
Is Electrical Workers No 558 a good credit union?
Electrical Workers No 558 earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (20.3% capital ratio); Strongly profitable (ROA 1.99%).
Is Electrical Workers No 558 NCUA-insured?
Yes. Electrical Workers No 558 is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Electrical Workers No 558?
Electrical Workers No 558 holds $45 million in total assets, ranking 7th of 89 credit unions we track in Alabama. It serves 2,614 members.
Does Electrical Workers No 558 have CFPB complaints?
No CFPB complaints against Electrical Workers No 558 appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
