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Overview / Commentary
304-424-2255
801 Ann St
Parkersburg, WV 26101

C C M H Credit Union is headquartered in Parkersburg and is the 74th largest credit union in the state of West Virginia. It is also the 5,512st largest credit union in the nation. It was established in 1972 and as of December of 2013, it had grown to 4 employees and 1,485 members. C C M H Credit Union has a C health rating.

Field of Membership Restrictions

Must be an employee or medical staff of Camden Clark Memorial Hospital or be an employee of other select group. - See Details

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Health

Data for Q4 2013

Institution Health

C
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. C C M H Credit Union has a very low asset base.

Texas Ratio

GRADE:
B

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, 2013 C C M H Credit Union had $88,000 in non-current loans and owned real-estate with $558,000 in equity and loan loss allowances on hand to cover it. This gives C C M H Credit Union a Texas Ratio of 15.77% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for C C M H Credit Union decreased slightly from 20.15% as of December 31, 2012 to 15.77% as of December 31, 2013, resulting in a positive change of 21.74%.This indicates that the balance sheet and financial strength for C C M H Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
C-

In the past year, C C M H Credit Union has decreased its total deposits by $-119,000, resulting in -3.4% 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 C C M H Credit Union has shown is below average.

Capitalization

GRADE:
A+

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. C C M H Credit Union has $3.88 million in assets with $558,000 in equity, resulting in a capitalization level of 14.38%, which is excellent.

Institution Statistics

Overall
NCUA #21057
Year Chartered1972
Employees4
Primary Regulator
Assets and Liabilities
Assets$3.88 million
Loans$3.15 million
Deposits$3.38 million
Equity Capital$500,000
Loan Loss Allowance$58,000
Unbacked Noncurrent Loans$88,000
Real Estate Owned$0
Historic Data - December 2012
Assets$3.97 million
Equity Capital$474,000
Loan Loss Allowance$57,000
Unbacked Noncurrent Loans$88,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.04%
Return on Assets0.67%
Return on Equity5.2%
Interest Income$177,000
Rates
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C C M H Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Regular Share Savings
0.25%--Christmas Club
0.25%--Vacation Club
0.25%--Restricted Shares
0.25%--Loan Savings

C C M H Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.00%--Checking Account

C C M H Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.50%--12 Month CD
0.35%--6 Month CD
Locations


C C M H Credit Union Locations
Branch Office801 Ann StParkersburg, WV 26101