Local 606 Electrical Workers
Local 606 Electrical Workers is a credit union based in Orlando, Florida, established in 1965, with $5 million in total assets serving 411 members. By Trust Grade it ranks 29th of 107 credit unions we track in Florida. Its net worth ratio of 24.7% is stronger than 89% of similarly sized credit unions, versus a Florida median of 11.1%. It was profitable over the most recent period, with a 0.52% return on assets. No consumer complaints against Local 606 Electrical Workers appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Local 606 Electrical Workers compares to Florida peers
How we graded Local 606 Electrical Workers
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (24.7% capital ratio)
- Profitable (ROA 0.52%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Local 606 Electrical Workers over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Local 606 Electrical Workers insured?
Yes. Local 606 Electrical Workers 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.
Local 606 Electrical Workers: frequently asked questions
Is Local 606 Electrical Workers a good credit union?
Local 606 Electrical Workers earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (24.7% capital ratio); Profitable (ROA 0.52%).
Is Local 606 Electrical Workers NCUA-insured?
Yes. Local 606 Electrical Workers 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 Local 606 Electrical Workers?
Local 606 Electrical Workers holds $5 million in total assets, ranking 29th of 107 credit unions we track in Florida. It serves 411 members.
Does Local 606 Electrical Workers have CFPB complaints?
No CFPB complaints against Local 606 Electrical Workers 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.
