Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
304-243-0499
280 Fulton St
Wheeling, WV 26003

Ohio County Public Schools Credit Union is headquartered in WHEELING and is the 66th largest credit union in the state of West Virginia. It is also the 5,164th largest credit union in the nation. It was established in 1970 and as of December of 2013, it had grown to 1 employees and 913 members. Ohio County Public Schools Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee of the Ohio County Board of Education, RESA VI or any organization associated with the Ohio County Board of Education. - See Details

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



Health

Data for Q4 2013

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. Ohio County Public Schools Credit Union has a very low asset base.

Texas Ratio

GRADE:
A+

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, 2013 Ohio County Public Schools Credit Union had $36,000 in non-current loans and owned real-estate with $905,000 in equity and loan loss allowances on hand to cover it. This gives Ohio County Public Schools Credit Union a Texas Ratio of 3.98% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Ohio County Public Schools Credit Union decreased slightly from 5.67% as of December 31, 2012 to 3.98% as of December 31, 2013, resulting in a positive change of 29.80%.This indicates that the balance sheet and financial strength for Ohio County Public Schools Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Ohio County Public Schools Credit Union has increased its total deposits by $462,000, resulting in 11.08% 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 Ohio County Public Schools Credit Union has shown is excellent.

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. Ohio County Public Schools Credit Union has $5.54 million in assets with $905,000 in equity, resulting in a capitalization level of 16.34%, which is excellent.

Institution Statistics

Overall
NCUA #19881
Year Chartered1970
Employees1
Primary Regulator
Assets and Liabilities
Assets$5.54 million
Loans$1.42 million
Deposits$4.63 million
Equity Capital$892,000
Loan Loss Allowance$13,000
Unbacked Noncurrent Loans$36,000
Real Estate Owned$0
Historic Data - December 2012
Assets$5.08 million
Equity Capital$892,000
Loan Loss Allowance$8,000
Unbacked Noncurrent Loans$36,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin8.61%
Return on Assets0%
Return on Equity0%
Interest Income$140,000
Rates
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Ohio County Public Schools Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Ohio County Public Schools Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$10k$10mRegular Shares Account
0.25%--Christmas Club Account
0.25%--Vacation Club Account
Locations


Ohio County Public Schools Credit Union Locations
Branch Office280 FULTON STWHEELING, WV 26003