Overview / Commentary
Cabway Telco Federal Credit Union is headquartered in Huntington and is the 69th largest credit union in the state of West Virginia. It is also the 4,540th largest credit union in the nation. It was established in 1955 and as of March of 2020, it had grown to 380 members at 1 location. Cabway Telco Federal Credit Union's CD rates are 2X the national average, but it has a C health rating.
Field of Membership Restrictions
Cabway Telco FCU membership is open to employees and retirees of Frontier or Verizon. Family of employees or members may also join.
See current membership details
Health
C
Data as of Q1 2020
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. Cabway Telco Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10449 |
| Year Chartered | 1955 |
| Employees | 0 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 2.68% |
| Annual Interest Income | $55.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $4.6MM$4.6MM |
| Loans | Q1 2020vs Q1 2019 | $2.1MM$2.0MM |
| Deposits | Q1 2020vs Q1 2019 | $3.3MM$3.3MM |
| Equity Capital | Q1 2020vs Q1 2019 | $1.3MM$1.3MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $20.00K$4.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $148.00K$35.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |