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Overview / Commentary
BLUEFIELD, WV 24701-4972

National Employees Credit Union is headquartered in BLUEFIELD and is the 52nd largest credit union in the state of West Virginia. It is also the 4,458th largest credit union in the nation. It was established in 1948 and as of March of 2014, it had grown to 5 employees and 3,135 members. National Employees Credit Union's savings rates are 2X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Must be an employee of Selected Employee Group. - See Details

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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. National Employees 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 National Employees Credit Union had $191,000 in non-current loans and owned real-estate with $1.25 million in equity and loan loss allowances on hand to cover it. This gives National Employees Credit Union a Texas Ratio of 15.28% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for National Employees Credit Union decreased slightly from 17.33% as of March 31, 2013 to 15.28% as of March 31, 2014, resulting in a positive change of 11.81%.This indicates that the balance sheet and financial strength for National Employees Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, National Employees Credit Union has increased its total deposits by $703,000, resulting in 8.41% 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 National Employees Credit Union has shown is excellent.



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. National Employees Credit Union has $10.26 million in assets with $1.25 million in equity, resulting in a capitalization level of 12.19%, which is excellent.

Institution Statistics

NCUA #5713
Year Chartered1948
Primary Regulator
Assets and Liabilities
Assets$10.26 million
Loans$6.98 million
Deposits$9.06 million
Equity Capital$1.14 million
Loan Loss Allowance$106,000
Unbacked Noncurrent Loans$191,000
Real Estate Owned$0
Historic Data - March 2013
Assets$9.63 million
Equity Capital$1.22 million
Loan Loss Allowance$70,000
Unbacked Noncurrent Loans$191,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.47%
Return on Assets0.74%
Return on Equity6.64%
Interest Income$189,000
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National Employees Credit Union Savings Account Rates

1.25%$150k-Share Savings Account

National Employees Credit Union Locations
Branch Office314O EAST CUMBERLAND RDBLUEFIELD, WV 24701-4972