Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
317 31st ST
Huntington, WV 25702-1417

Universal Credit Union is headquartered in Huntington and is the 10st largest credit union in the state of West Virginia. It is also the 1,794th largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 23 employees and 8,709 members. Universal Credit Union's savings rates are 44% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Anyone who lives, works, goes to school, worships, volunteers, or belongs to an association in the following counties: Cabell County, Mason County, Wayne County and Lincoln County in West Virginia, as well as, Lawrence County in Ohio. - See Details

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


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. Universal Credit Union has a relatively 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 Universal Credit Union had $201,000 in non-current loans and owned real-estate with $10.03 million in equity and loan loss allowances on hand to cover it. This gives Universal Credit Union a Texas Ratio of 2.00% 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 Universal Credit Union decreased dramatically from 4.72% as of March 31, 2013 to 2.00% as of March 31, 2014, resulting in a positive change of 57.56%.This indicates that the balance sheet and financial strength for Universal Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Universal Credit Union has increased its total deposits by $1.55 million, resulting in 2.4% 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 Universal Credit Union has shown is above average.



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. Universal Credit Union has $77.32 million in assets with $10.03 million in equity, resulting in a capitalization level of 12.97%, which is excellent.

Institution Statistics

NCUA #785
Year Chartered1935
Primary Regulator
Assets and Liabilities
Assets$77.33 million
Loans$31.25 million
Deposits$66.10 million
Equity Capital$9.94 million
Loan Loss Allowance$96,000
Unbacked Noncurrent Loans$201,000
Real Estate Owned$0
Historic Data - March 2013
Assets$75.61 million
Equity Capital$9.62 million
Loan Loss Allowance$122,000
Unbacked Noncurrent Loans$201,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.25%
Return on Assets0.14%
Return on Equity1.13%
Interest Income$572,000
Skip to rates for:

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

Universal Credit Union Savings Account Rates

0.75%--IRA Account
0.75%--Roth IRA Account
0.10%$5k-Regular Shares
0.10%$5k-Special Savings

Universal Credit Union CD Rates

0.80%--48 Month CD
0.65%--36 Month CD
0.40%--24 Month CD
0.20%--12 Month CD

Universal Credit Union IRA Rates

1.00%--60 Month IRA
0.80%--48 Month IRA
0.65%--36 Month IRA
0.40%--24 Month IRA
0.20%--12 Month IRA

Universal Credit Union Locations
Branch Office317 31st STHuntington, WV 25702-1417
Branch Office117 Mall RDBarboursville, WV 25504-1824
Branch Office2828 1st Ave ste 102Huntington, WV 25702