Electrical Workers No 558 Federal Credit Union Sheffield, Alabama
Electrical Workers No 558 Federal Credit Union is a federal credit union headquartered in Sheffield, AL, established in 1958 (NCUA charter 12478), and it is regulated and insured by the NCUA. At Q2 2026 it reported 2,630 members and total assets of $45.9M (up 1.5% from Q2 2025), the 46th largest of 87 credit unions headquartered in Alabama. Its net worth ratio was 20.52% at Q2 2026, in the well capitalized band.
Also written as Electrical Workers No 558 FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 12478
- Headquarters
- Sheffield, AL
- Established
- 1958
- Total assets, Q2 2026
- $45.9M
- Assets vs Q2 2025
- +1.5%
- Members, Q2 2026
- 2,630
- Net worth ratio, Q2 2026
- 20.52%
- Latest call report
- Q2 2026, NCUA 5300 · Electrical Workers No 558 Federal Credit Union call report
- Asset rank in state
- 46th of 87 in Alabama
- Routing number
- 262277008
- Branches
- 1
It has 11 fewer members than on June 30, 2025 (-0.4%). Its net worth ratio was up 1.79 percentage points from 18.73% on June 30, 2025. Used vehicle loans are its largest loan category, $11.3M of $23.7M in total loans on its June 30, 2026 filing.
Credit unions similar in size in Alabama
Frequently asked about Electrical Workers No 558 Federal Credit Union
How big is Electrical Workers No 558 Federal Credit Union?
At Q2 2026 it reported total assets of $45.9M and 2,630 members.
Where is Electrical Workers No 558 Federal Credit Union headquartered?
It is headquartered in Sheffield, AL, United States.
When was Electrical Workers No 558 Federal Credit Union founded?
It was established in 1958, per NCUA records.
Is Electrical Workers No 558 Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 12478): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Electrical Workers No 558 Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Electrical Workers No 558 Federal Credit Union well capitalized?
Its net worth ratio was 20.52% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Electrical Workers No 558 Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 65.36% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Sheffield, AL 35660
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1958
- NCUA Charter #
- 12478
- RSSD ID
- 122881
- Members
- 2,630
- Potential members
- 4,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 4 of 6 ranked measures and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 20.52% | 14.31% | 78th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.88% | 0.72% | over 90th top |
| Return on equity Middle half of peers: 1.04% to 8.69% | 9.17% | 4.74% | 77th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.70% | 3.93% | 41st below |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 45.98% | 79.83% | over 90th top |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.57% | 0.78% | 15th bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | not on file | 0.86% | not on file |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 5.27% | 4.70% | 73rd position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 65.36% | 58.92% | 60th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$45.9M total assets against $45.2M; $36.3M total shares and deposits against $36.5M; $23.7M total loans against $24.3M.
$9.4M net worth against $8.5M.
20.52% net worth ratio against 18.73%.
65.36% loan-to-share ratio against 66.46%.
1.88% return on assets against 2.25%; 9.17% return on equity against 12.00%.
3.70% net interest margin against 3.81%.
2,630 members against 2,641.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 20.52% | 1.88% | — | 65.36% |
| March 31, 2026 | 20.29% | 1.99% | — | 63.57% |
| December 31, 2025 | 20.03% | 1.93% | 0.02% | 64.96% |
| September 30, 2025 | 19.36% | 2.58% | 0.00% | 66.03% |
| June 30, 2025 | 18.73% | 2.25% | 0.00% | 66.46% |
| March 31, 2025 | 18.31% | 2.26% | 0.03% | 65.10% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.