Hopewell Credit Union

P.O. Box 2157
Heath, OH 43056
800-860-8311
www.hopewellfcu.org

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Hopewell Credit Union is headquartered in Heath and is the 72^nd largest credit union in the state of Ohio. It is also the 1,799^th largest credit union in the nation. It was established in 1962 and as of December of 2011, it had grown to 22 employees and 7,486 members. Hopewell Credit Union has a 4-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Hopewell Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.10%	$10k	-	Interest Checking Account

Hopewell Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	-	-	IRA Club Account
0.25%	-	-	Roth IRA Club Account
0.25%	-	-	Education IRA Club Account
0.05%	-	-	Share Savings Account
0.05%	-	-	Christmas Club

Hopewell Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.22%	$100k	-	Money Market Share Account

Hopewell Credit Union CD Rates

Apy	Min	Max	Product
1.35%	$500	$50k	60 Month Share Certificate
1.35%	$500	$50k	Business 60 Month Share Certificate
1.00%	$500	$50k	48 Month Share Certificate
1.00%	$500	$50k	Business 48 Month Share Certificate
0.80%	$500	$50k	36 Month Share Certificate
0.80%	$500	$50k	Business 36 Month Share Certificate
0.60%	$500	$50k	24 Month Share Certificate
0.60%	$500	$50k	30 Month Share Certificate
0.60%	$500	$50k	Business 24 Month Share Certificate
0.60%	$500	$50k	Business 30 Month Share Certificate
0.60%	$500	$50k	23 Month Bump Up Share Certificate
0.60%	$500	$50k	Business 23 Month Bump Up Share Certificate
0.45%	$500	$50k	12 Month Share Certificate
0.45%	$500	$50k	15 Month Share Certificate
0.45%	$500	$50k	18 Month Share Certificate
0.45%	$500	$50k	Business 12 Month Share Certificate
0.45%	$500	$50k	Business 15 Month Share Certificate
0.45%	$500	$50k	Business 18 Month Share Certificate
0.35%	$500	$50k	9 Month Share Certificate
0.35%	$500	$50k	Business 9 Month Share Certificate
0.30%	$500	$50k	6 Month Share Certificate
0.30%	$500	$50k	Business 6 Month Share Certificate
0.15%	$500	$50k	3 Month Share Certificate
0.15%	$500	$50k	11 Month No Penalty Share Certificate
0.15%	$500	$50k	Business 3 Month Share Certificate
0.15%	$500	$50k	Business 11 Month No Penalty Share Certificate

Hopewell Credit Union IRA Rates

Apy	Min	Max	Product
1.35%	$500	$50k	60 Month IRA Certificate
1.35%	$500	$50k	60 Month Roth IRA Certificate
1.35%	$500	$50k	60 Month Education IRA Certificate
1.00%	$500	$50k	48 Month IRA Certificate
1.00%	$500	$50k	48 Month Roth IRA Certificate
1.00%	$500	$50k	48 Month Education IRA Certificate
0.80%	$500	$50k	36 Month IRA Certificate
0.80%	$500	$50k	36 Month Roth IRA Certificate
0.80%	$500	$50k	36 Month Education IRA Certificate
0.60%	$500	$50k	24 Month IRA Certificate
0.60%	$500	$50k	30 Month IRA Certificate
0.60%	$500	$50k	24 Month Roth IRA Certificate
0.60%	$500	$50k	30 Month Roth IRA Certificate
0.60%	$500	$50k	24 Month Education IRA Certificate
0.60%	$500	$50k	30 Month Education IRA Certificate
0.60%	$500	$50k	23 Month Bump Up Education IRA Certificate
0.60%	$500	$50k	23 Month Bump Up IRA Certificate
0.60%	$500	$50k	23 Month Bump Up Roth IRA Certificate
0.45%	$500	$50k	12 Month IRA Certificate
0.45%	$500	$50k	15 Month IRA Certificate
0.45%	$500	$50k	18 Month IRA Certificate
0.45%	$500	$50k	12 Month Roth IRA Certificate
0.45%	$500	$50k	15 Month Roth IRA Certificate
0.45%	$500	$50k	18 Month Roth IRA Certificate
0.45%	$500	$50k	12 Month Education IRA Certificate
0.45%	$500	$50k	15 Month Education IRA Certificate
0.45%	$500	$50k	18 Month Education IRA Certificate
0.35%	$500	$50k	9 Month IRA Certificate
0.35%	$500	$50k	9 Month Roth IRA Certificate
0.35%	$500	$50k	9 Month Education IRA Certificate
0.30%	$500	$50k	6 Month IRA Certificate
0.30%	$500	$50k	6 Month Roth IRA Certificate
0.30%	$500	$50k	6 Month Education IRA Certificate
0.15%	$500	$50k	11 Month No Penalty IRA Certificate
0.15%	$500	$50k	11 Month No Penalty Roth IRA Certificate
0.15%	$500	$50k	11 Month No Penalty Education IRA Certificate

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

HOPEWELL
NCUA #	15307
BankRate Report	View
Year Chartered	1962
Employees	22
Primary Regulator
Assets and Liabilities
Assets	$71.03 million
Loans	$45.24 million
Deposits	$61.76 million
Equity Capital	$5.24 million
Loan Loss Allowance	$327,000
Unbacked Noncurrent Loans	$201,000
Real Estate Owned	$204,000
Historic Data - December 2010
Assets	$73.69 million
Equity Capital	$5.08 million
Loan Loss Allowance	$336,000
Unbacked Noncurrent Loans	$802,000
Real Estate Owned	$105,000
Profit Margin - Quarterly
Net Interest Margin	5.11%
Return on Assets	0.27%
Return on Equity	3.7%
Interest Income	$3.02 million
Non-Interest Income	$1.14 million

Institution Health

Overall Score:

4 out of 5

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, 2011 Hopewell Credit Union had $405,000 in non-current loans and owned real-estate with $5.57 million in equity and loan loss allowances on hand to cover it. This gives Hopewell Credit Union a Texas Ratio of 7.27% 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 Hopewell Credit Union decreased significantly from 16.74% as of December 31, 2010 to 7.27% as of December 31, 2011, resulting in a positive change of 56.56%.This indicates that the balance sheet and financial strength for Hopewell Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Hopewell Credit Union has decreased its total deposits by -$2.03 million, resulting in -3.18% 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 Hopewell Credit Union has shown is below average.
Capitalization
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. Hopewell Credit Union has $71.03 million in assets with $5.57 million in equity, resulting in a capitalization level of 7.84%, which is below average.

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