Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Mildred Mitchell-Bateman Hospital Credit Union

Mildred Mitchell-Bateman Hospital Credit Union
Overview / Commentary
1530 Norway Ave
Huntington, WV 25705

Mildred Mitchell-Bateman Hospital Credit Union is headquartered in Huntington and is the 92nd largest credit union in the state of West Virginia. It is also the 6,617st largest credit union in the nation. It was established in 1980 and as of March of 2014, it had grown to 73 members. Mildred Mitchell-Bateman Hospital Credit Union has a C+ health rating.

No reviews have been left for this bank yet. Be the first to review.



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. Mildred Mitchell-Bateman Hospital Credit Union has a very 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 Mildred Mitchell-Bateman Hospital Credit Union had $0 in non-current loans and owned real-estate with $31,000 in equity and loan loss allowances on hand to cover it. This gives Mildred Mitchell-Bateman Hospital Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
F

In the past year, Mildred Mitchell-Bateman Hospital Credit Union has decreased its total deposits by $-2,000, resulting in -15.38% 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 Mildred Mitchell-Bateman Hospital Credit Union has shown is poor.

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. Mildred Mitchell-Bateman Hospital Credit Union has $41,000 in assets with $31,000 in equity, resulting in a capitalization level of 75.61%, which is excellent.

Institution Statistics

Overall
NCUA #23591
Year Chartered1980
Employees0
Primary Regulator
Assets and Liabilities
Assets$41,000
Loans$26,000
Deposits$11,000
Equity Capital$30,000
Loan Loss Allowance$1,000
Real Estate Owned$0
Historic Data - March 2013
Assets$45,000
Equity Capital$28,000
Loan Loss Allowance$1,000
Unbacked Noncurrent Loans$0
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin0%
Return on Assets0%
Return on Equity0%
Interest Income$0
Rates

Sorry, we do not have rate data for Mildred Mitchell-Bateman Hospital Credit Union

Locations


Mildred Mitchell-Bateman Hospital Credit Union Locations
Branch Office1530 Norway AveHuntington, WV 25705