Bridgeport Hospital Credit Union

Bridgeport Hospital Credit Union Locations

267 Grant St
Bridgeport, CT 06610
866-469-5331
www.bh-fcu.org

OverView
Rates
Health
Reviews

Bridgeport Hospital Credit Union is headquartered in Bridgeport and is the 60^th largest credit union in the state of Connecticut. It is also the 3,686^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 5 employees and 2,277 members. Bridgeport Hospital Credit Union has a 5-star health rating.

Report an Issue

See Rates for: Savings | Money Market | CD | IRA

Bridgeport Hospital Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	-	-	IRA Savings Account
0.15%	-	-	Share Savings Account
0.15%	-	-	Club Savings Account

Bridgeport Hospital Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.25%	$20k	-	Money Market Account

Bridgeport Hospital Credit Union CD Rates

Apy	Min	Max	Product
0.80%	$2,500	-	36 Month Share Certificate
0.75%	$2,500	-	24 Month Share Certificate
0.35%	$2,500	-	18 Month Share Certificate
0.30%	$2,500	-	12 Month Share Certificate
0.25%	$2,500	-	9 Month Share Certificate
0.20%	$2,500	-	6 Month Share Certificate
0.10%	$2,500	-	3 Month Share Certificate

Bridgeport Hospital Credit Union IRA Rates

Apy	Min	Max	Product
0.80%	$2,500	-	36 Month IRA Certificate
0.80%	$2,500	-	36 Month Roth IRA Certificate
0.75%	$2,500	-	24 Month IRA Certificate
0.75%	$2,500	-	24 Month Roth IRA Certificate
0.35%	$2,500	-	18 Month IRA Certificate
0.35%	$2,500	-	18 Month Roth IRA Certificate
0.30%	$2,500	-	12 Month IRA Certificate
0.30%	$2,500	-	12 Month Roth IRA Certificate
0.25%	$2,500	-	9 Month IRA Certificate
0.25%	$2,500	-	9 Month Roth IRA Certificate
0.20%	$2,500	-	6 Month IRA Certificate
0.20%	$2,500	-	6 Month Roth IRA Certificate
0.10%	$2,500	-	3 Month IRA Certificate
0.10%	$2,500	-	3 Month Roth IRA Certificate

Rates updated: 5/23/2012

Data for Q4 2011

Institution Statistics

BRIDGEPORT HOSPITAL
NCUA #	9301
BankRate Report	View
Year Chartered	1954
Employees	5
Primary Regulator
Assets and Liabilities
Assets	$18.43 million
Loans	$5.37 million
Deposits	$16.59 million
Equity Capital	$1.84 million
Loan Loss Allowance	$72,000
Unbacked Noncurrent Loans	$13,000
Historic Data - December 2010
Assets	$18.34 million
Equity Capital	$1.91 million
Loan Loss Allowance	$81,000
Unbacked Noncurrent Loans	$29,000
Profit Margin - Quarterly
Net Interest Margin	7%
Return on Assets	-0.4%
Return on Equity	-3.98%
Interest Income	$526,000
Non-Interest Income	$107,000

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bridgeport Hospital Credit Union had $13,000 in non-current loans and owned real-estate with $1.91 million in equity and loan loss allowances on hand to cover it. This gives Bridgeport Hospital Credit Union a Texas Ratio of 0.68% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bridgeport Hospital Credit Union decreased significantly from 1.46% as of December 31, 2010 to 0.68% as of December 31, 2011, resulting in a positive change of 53.20%.This indicates that the balance sheet and financial strength for Bridgeport Hospital Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Bridgeport Hospital Credit Union has increased its total deposits by $167,000, resulting in 1.02% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bridgeport Hospital Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bridgeport Hospital Credit Union has $18.43 million in assets with $1.91 million in equity, resulting in a capitalization level of 10.35%, which is above average.

No reviews have been left for this bank yet. Be the first to review.