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
- 7,381
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 10% and a delinquency rate below 1%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
7,381 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | ELECTEL COOPERATIVE |
|---|---|
| Total Assets | $66.5M |
| Members | 7,381 |
| Loans Outstanding | $41.1M |
| Shares & Deposits | $57.9M |
| Net Worth | $8.6M |
| Net Worth Ratio | 12.93% |
| Loan-to-Share Ratio | 71.0% |
| Delinquency Rate | 0.22% |
| Net Income | $-38,073 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
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.
Find More Credit Unions in North Carolina
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View North Carolina RankingsFrequently Asked Questions
ELECTEL COOPERATIVE is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, ELECTEL COOPERATIVE has 7,381 members and a potential membership field of 1,039,090 people.
ELECTEL COOPERATIVE's reported net worth ratio is 12.93% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
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 (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or ELECTEL COOPERATIVE. All financial data is for informational purposes only.