Overview / Commentary
CAPE Federal Credit Union is headquartered in Clarksburg and is the 45th largest credit union in the state of West Virginia. It is also the 3,659th largest credit union in the nation. It was established in 1947 and as of December of 2019, it had grown to 5 employees and 1,308 members at 1 location. CAPE Federal Credit Union's savings rates are 3X the national average, but it has a C health rating.
Field of Membership Restrictions
CAPE Federal Credit Union welcomes those who live, work, go to school or worship in Harrison County, West Virginia. Eligibility also extends to employees of the credit union, immediate family or household members, and and employees of SEG Opportunity.
See current membership details
Health
C
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. CAPE Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24841 |
| Year Chartered | 1947 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.42% |
| Return on Equity - YTD | -4.79% |
| Annual Interest Income | $585.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $14.2MM$14.5MM |
| Loans | Q4 2019vs Q4 2018 | $8.4MM$9.4MM |
| Deposits | Q4 2019vs Q4 2018 | $13.0MM$13.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.3MM$1.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $113.00K$38.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $281.00K$349.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |