Salt Employees
Salt Employees is a credit union based in Grand Saline, Texas, established in 1962, with $1 million in total assets serving 315 members. By Trust Grade it ranks 310th of 379 credit unions we track in Texas. Its net worth ratio of 44.5% is stronger than 99% of similarly sized credit unions, versus a Texas median of 13.5%. It posted a loss over the most recent period (-0.86% return on assets), a point to watch. No consumer complaints against Salt Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Salt Employees compares to Texas peers
How we graded Salt Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (44.5% capital ratio)
- Unprofitable over the period (ROA -0.86%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Salt Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Salt Employees insured?
Yes. Salt Employees 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.
Salt Employees: frequently asked questions
Is Salt Employees a good credit union?
Salt Employees earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Strongly capitalized (44.5% capital ratio); Unprofitable over the period (ROA -0.86%).
Is Salt Employees NCUA-insured?
Yes. Salt Employees 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 Salt Employees?
Salt Employees holds $1 million in total assets, ranking 310th of 379 credit unions we track in Texas. It serves 315 members.
Does Salt Employees have CFPB complaints?
No CFPB complaints against Salt Employees 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.
