Overview / Commentary
Alloy Federal Credit Union is headquartered in Alloy and is the 34th largest credit union in the state of West Virginia. It is also the 3,242nd largest credit union in the nation. It was established in 1970 and as of December of 2019, it had grown to 7 employees and 4,252 members at 2 locations. Alloy Federal Credit Union's CD rates are 68% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Alloy Federal Credit Union is open to those who live, work, attend school or worship in Fayette County of West Virginia.
See current membership details
Health
B
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Alloy Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20324 |
| Year Chartered | 1970 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.7% |
| Return on Equity - YTD | 4.8% |
| Annual Interest Income | $863.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $21.7MM$19.8MM |
| Loans | Q4 2019vs Q4 2018 | $14.7MM$13.2MM |
| Deposits | Q4 2019vs Q4 2018 | $18.5MM$16.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.1MM$3.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $100.00K$152.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $246.00K$167.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |