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P.O. Box 9408
Huntington, WV 25704

First Priority FCU is headquartered in Huntington and is the 15st largest credit union in the state of West Virginia. It is also the 2,179th largest credit union in the nation. It was established in 1925 and as of December of 2013, it had grown to 21 employees and 10,659 members. First Priority FCU's savings rates are 92% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must be an employee of the United States Postal Service who work in post offices in the following three-digit ZIP Code areas: 255, 256, 257, 411, 412, 415, 416 or 456 or employee of several other companies. Also open to those who live, work, worship or attend school in Cabell or Wayne County, West Virginia or Lawrence County, Ohio. - See Details

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Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. First Priority FCU has a relatively low asset base.

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, 2013 First Priority FCU had $587,000 in non-current loans and owned real-estate with $6.85 million in equity and loan loss allowances on hand to cover it. This gives First Priority FCU a Texas Ratio of 8.57% 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 First Priority FCU decreased slightly from 11.14% as of December 31, 2012 to 8.57% as of December 31, 2013, resulting in a positive change of 23.10%.This indicates that the balance sheet and financial strength for First Priority FCU has improved slightly in recent periods.

Deposit Growth


In the past year, First Priority FCU has increased its total deposits by $756,000, resulting in 1.59% 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 First Priority FCU has shown is above average.



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. First Priority FCU has $54.36 million in assets with $6.85 million in equity, resulting in a capitalization level of 12.60%, which is excellent.

Institution Statistics

NCUA #24649
Year Chartered1925
Primary Regulator
Assets and Liabilities
Assets$54.36 million
Loans$27.43 million
Deposits$48.39 million
Equity Capital$5.78 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$295,000
Real Estate Owned$292,000
Historic Data - December 2012
Assets$53.22 million
Equity Capital$5.36 million
Loan Loss Allowance$1.20 million
Unbacked Noncurrent Loans$295,000
Real Estate Owned$316,000
Profit Margin - Quarterly
Net Interest Margin6.5%
Return on Assets0.77%
Return on Equity7.22%
Interest Income$2.06 million

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First Priority FCU Savings Account Rates

1.00%--Christmas Club Account
1.00%--Vacation Club Account
1.00%--IRA Share Savings Account
1.00%--Roth IRA Share Savings Account
0.25%$10k-Share Builder Savings Account

First Priority FCU Money Market Rates

0.45%$25k-Money Market Account

First Priority FCU Checking Account Rates

0.00%--Share Draft Account

First Priority FCU CD Rates

0.65%$5k-36 Month Non-Compounded Share Certificate
0.65%$5k-36 Month Compounded Share Certificate
0.50%$5k-24 Month Non-Compounded Share Certificate
0.50%$5k-24 Month Compounded Share Certificate
0.35%$5k-12 Month Non-Compounded Share Certificate
0.35%$5k-12 Month Compounded Share Certificate
0.25%$5k-6 Month Non-Compounded Share Certificate
0.25%$5k-6 Month Compounded Share Certificate

First Priority FCU Locations
Branch Office1140 Carter AveAshland, KY 41101
Branch Office3570 US Route 60 EBarboursville, WV 25504
Branch Office500 Virginia AveHuntington, WV 25701