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P.O. Box 37
Hampton, VA 23669

Hampton Va Credit Union is headquartered in Hampton and is the 110st largest credit union in the state of Virginia. It is also the 4,863rd largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 3 employees and 1,859 members. Hampton Va Credit Union has a C+ health rating.

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Data for Q1 2014

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. Hampton Va Credit Union has a very low asset base.

Texas Ratio


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 Va Credit Union had $90,000 in non-current loans and owned real-estate with $1.15 million in equity and loan loss allowances on hand to cover it. This gives Hampton Va Credit Union a Texas Ratio of 7.82% 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 Hampton Va Credit Union increased slightly from 0.93% as of March 31, 2013 to 7.82% as of March 31, 2014, resulting in a negative change of 741.64%. This indicates that the balance sheet and financial strength for Hampton Va Credit Union has declined slightly in recent periods.

Deposit Growth


In the past year, Hampton Va Credit Union has decreased its total deposits by $-691,000, resulting in -10.13% 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 Va Credit Union has shown is poor.



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 Va Credit Union has $7.42 million in assets with $1.15 million in equity, resulting in a capitalization level of 15.50%, which is excellent.

Institution Statistics

NCUA #1250
Year Chartered1936
Primary Regulator
Assets and Liabilities
Assets$7.43 million
Loans$2.38 million
Deposits$6.13 million
Equity Capital$1.13 million
Loan Loss Allowance$22,000
Unbacked Noncurrent Loans$90,000
Real Estate Owned$0
Historic Data - March 2013
Assets$8.19 million
Equity Capital$1.17 million
Loan Loss Allowance$11,000
Unbacked Noncurrent Loans$90,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets-0.43%
Return on Equity-2.83%
Interest Income$59,000

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Hampton Va Credit Union Locations
Branch Office28 Averill AveHampton, VA 23667