ELECTEL COOPERATIVE
Federal • Raleigh, North Carolina • Est. 1969
Quick Facts
- Charter Number
- #24819
- Type
- Federal
- Established
- 1969
- Headquarters
- Raleigh, North Carolina 27616
- Address
- 3400 Sumner Blvd
- Branches
- 5
- Members
- 7,465
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
7,465 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | ELECTEL COOPERATIVE |
|---|---|
| Total Assets | $65.3M |
| Members | 7,465 |
| Loans Outstanding | $40.8M |
| Shares & Deposits | $56.6M |
| Net Worth | $8.3M |
| Net Worth Ratio | 12.66% |
| Loan-to-Share Ratio | 72.1% |
| Delinquency Rate | 0.36% |
| Net Income | +$594,109 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
5 locations
Hillsborough
2500 NC Highway 86 S
Hillsborough, NC 27278
Roxboro
1125 Oxford Rd
Roxboro, NC 27573
Caswell
300 Rascoe Dameron Rd
Burlington, NC 27217
Raleigh
Main Office3400 Sumner Blvd
Raleigh, NC 27616
Wake Forest
414 Wait Ave
WAKE FOREST, NC 27587
Who Can Join ELECTEL COOPERATIVE?
Membership Type: Community
Membership eligibility for ELECTEL COOPERATIVE may vary. Contact the credit union directly to confirm qualification requirements.
Contact ELECTEL COOPERATIVE directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View North Carolina RankingsFrequently Asked Questions
Yes. ELECTEL COOPERATIVE is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, ELECTEL COOPERATIVE has 7,465 members and a potential membership field of 1,039,090 people.
ELECTEL COOPERATIVE's net worth ratio is 12.66% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 12.7%, ELECTEL COOPERATIVE meets this threshold.
ELECTEL COOPERATIVE operates 5 branch locations. The main office is located at 3400 Sumner Blvd, Raleigh, NC 27616.
ELECTEL COOPERATIVE was established in 1969. It is a federal credit union chartered under charter number 24819. The institution has been serving members for 57 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or ELECTEL COOPERATIVE. All financial data is for informational purposes only.