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P.O. Box 4127
Huntington, WV 25729

Huntington C & O Railway Employees Credit Union is headquartered in Huntington and is the 23rd largest credit union in the state of West Virginia. It is also the 2,840th largest credit union in the nation. It was established in 1934 and as of March of 2014, it had grown to 10 employees and 5,400 members. Huntington C & O Railway Employees Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee of any of their selected employee groups. Also open to those who live, work, worship, or attend school in Cabell or Wayne County in West Virginia or Lawrence County, Ohio. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Huntington C & O Railway Employees Credit Union has a low asset base.

Texas Ratio

GRADE:
A+

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 Huntington C & O Railway Employees Credit Union had $117,000 in non-current loans and owned real-estate with $3.77 million in equity and loan loss allowances on hand to cover it. This gives Huntington C & O Railway Employees Credit Union a Texas Ratio of 3.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Huntington C & O Railway Employees Credit Union experienced no significant changes from 3.30% as of March 31, 2013 to 3.10% as of March 31, 2014, resulting in a positive change of 5.96%.This indicates that the balance sheet and financial strength for Huntington C & O Railway Employees Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B

In the past year, Huntington C & O Railway Employees Credit Union has increased its total deposits by $35,000, resulting in 0.12% 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 Huntington C & O Railway Employees Credit Union has shown is above average.

Capitalization

GRADE:
A

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. Huntington C & O Railway Employees Credit Union has $32.98 million in assets with $3.77 million in equity, resulting in a capitalization level of 11.43%, which is excellent.

Institution Statistics

Overall
NCUA #24236
Year Chartered1934
Employees10
Primary Regulator
Assets and Liabilities
Assets$32.99 million
Loans$16.73 million
Deposits$29.28 million
Equity Capital$3.69 million
Loan Loss Allowance$84,000
Unbacked Noncurrent Loans$117,000
Real Estate Owned$0
Historic Data - March 2013
Assets$32.91 million
Equity Capital$3.64 million
Loan Loss Allowance$84,000
Unbacked Noncurrent Loans$117,000
Real Estate Owned$11,000
Profit Margin - Quarterly
Net Interest Margin1.37%
Return on Assets0.29%
Return on Equity2.6%
Interest Income$270,000
Rates
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Huntington C & O Railway Employees Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%--Passbook IRA
0.25%--Christmas Club Account
0.25%--Vacation Club Account
0.15%$100-Regular Share Account
0.15%--Junior Share Account
0.15%$100-Senior Share Savings

Huntington C & O Railway Employees Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$3,500-Elite Share Draft Account
0.05%$500-Share Draft Checking Account
0.05%$500-Senior Share Draft Checking

Huntington C & O Railway Employees Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.60%$50k-36 Month CD
0.60%$50k-48 Month CD
0.60%$50k-60 Month CD
0.55%$50k-24 Month CD
0.55%$50k-30 Month CD
0.50%$50k-12 Month CD
0.35%$50k-91 Day CD
0.35%$50k-182 Dat CD

Huntington C & O Railway Employees Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.65%--12 Month IRA
0.65%--24 Month IRA
Locations


Huntington C & O Railway Employees Credit Union Locations
Branch Office901 6th AveHuntington, WV 25701