Blue Flame
Blue Flame is a credit union based in Charlotte, North Carolina, established in 1954, with $31 million in total assets serving 3,036 members. By Trust Grade it ranks 49th of 57 credit unions we track in North Carolina. Its net worth ratio of 11.3% trails most similarly sized credit unions (26th percentile), versus a North Carolina median of 12.7%. It posted a loss over the most recent period (-0.97% return on assets), a point to watch. No consumer complaints against Blue Flame appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Blue Flame compares to North Carolina peers
How we graded Blue Flame
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.3% capital ratio)
- Unprofitable over the period (ROA -0.97%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Blue Flame over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Blue Flame insured?
Yes. Blue Flame 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.
Blue Flame: frequently asked questions
Is Blue Flame a good credit union?
Blue Flame earns a Bankzia Trust Grade of C (78/100, "Average"), based on a financial-strength score of 78/100 (it has no CFPB complaints on record). Strongly capitalized (11.3% capital ratio); Unprofitable over the period (ROA -0.97%).
Is Blue Flame NCUA-insured?
Yes. Blue Flame 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 Blue Flame?
Blue Flame holds $31 million in total assets, ranking 49th of 57 credit unions we track in North Carolina. It serves 3,036 members.
Does Blue Flame have CFPB complaints?
No CFPB complaints against Blue Flame 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.
