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Overview / Commentary
1168 Big Bethel Rd
Hampton, VA 23666

Hampton Roads Postal Cu, Inc. is headquartered in Hampton and is the 134th largest credit union in the state of Virginia. It is also the 5,667th largest credit union in the nation. It was established in 1952 and as of March of 2014, it had grown to 3 employees and 667 members. Hampton Roads Postal Cu, Inc. has a C- health rating.

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Health

Data for Q1 2014

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. Hampton Roads Postal Cu, Inc. has a very low asset base.

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Hampton Roads Postal Cu, Inc. had $35,000 in non-current loans and owned real-estate with $188,000 in equity and loan loss allowances on hand to cover it. This gives Hampton Roads Postal Cu, Inc. a Texas Ratio of 18.62% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Hampton Roads Postal Cu, Inc. decreased dramatically from 41.31% as of March 31, 2013 to 18.62% as of March 31, 2014, resulting in a positive change of 54.94%.This indicates that the balance sheet and financial strength for Hampton Roads Postal Cu, Inc. has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, Hampton Roads Postal Cu, Inc. has decreased its total deposits by $-457,000, resulting in -13.75% 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 Hampton Roads Postal Cu, Inc. has shown is poor.

Capitalization

GRADE:
C-

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. Hampton Roads Postal Cu, Inc. has $3.07 million in assets with $188,000 in equity, resulting in a capitalization level of 6.13%, which is below average.

Institution Statistics

Overall
NCUA #66894
Year Chartered1952
Employees3
Primary Regulator
Assets and Liabilities
Assets$3.07 million
Loans$1.52 million
Deposits$2.87 million
Equity Capital$187,000
Loan Loss Allowance$1,000
Unbacked Noncurrent Loans$35,000
Real Estate Owned$0
Historic Data - March 2013
Assets$3.56 million
Equity Capital$199,000
Loan Loss Allowance$14,000
Unbacked Noncurrent Loans$35,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.66%
Return on Assets-0.52%
Return on Equity-8.56%
Interest Income$42,000
Rates

Sorry, we do not have rate data for Hampton Roads Postal Cu, Inc.

Locations


Hampton Roads Postal Cu, Inc. Locations
Branch Office1168 Big Bethel RdHampton, VA 23666