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1437 Kilauea Ave Ste 105
Hilo, HI 96720

Helco Credit Union is headquartered in Hilo and is the 37th largest credit union in the state of Hawaii. It is also the 2,668th largest credit union in the nation. It was established in 1938 and as of March of 2014, it had grown to 4 employees and 1,751 members. Helco Credit Union has a B+ 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. Helco Credit Union has a 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 Helco Credit Union had $6,000 in non-current loans and owned real-estate with $7.09 million in equity and loan loss allowances on hand to cover it. This gives Helco Credit Union a Texas Ratio of 0.08% 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 Helco Credit Union decreased slightly from 0.10% as of March 31, 2013 to 0.08% as of March 31, 2014, resulting in a positive change of 17.57%.This indicates that the balance sheet and financial strength for Helco Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Helco Credit Union has decreased its total deposits by $-486,000, resulting in -1.55% 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 Helco Credit Union has shown is 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. Helco Credit Union has $37.73 million in assets with $7.09 million in equity, resulting in a capitalization level of 18.80%, which is excellent.

Institution Statistics

NCUA #2705
Year Chartered1938
Primary Regulator
Assets and Liabilities
Assets$37.73 million
Loans$15.35 million
Deposits$30.82 million
Equity Capital$6.90 million
Loan Loss Allowance$193,000
Unbacked Noncurrent Loans$6,000
Real Estate Owned$0
Historic Data - March 2013
Assets$37.99 million
Equity Capital$6.63 million
Loan Loss Allowance$192,000
Unbacked Noncurrent Loans$6,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin0.95%
Return on Assets0.74%
Return on Equity4.06%
Interest Income$303,000

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Helco Credit Union Locations
Branch Office1200 Kilauea AveHilo, HI 96720