Overview / Commentary
First Priority FCU is headquartered in Huntington and is the 17th largest credit union in the state of West Virginia. It is also the 2,113th largest credit union in the nation. It was established in 1925 and as of March of 2025, it had grown to 17 employees and 7,213 members at 2 locations. First Priority FCU has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Cabell or Wayne County, West Virginia or Lawrence County, Ohio. Membership is also open to employees of the United States Postal Service who work in select post offices in West Virginia, Kentucky and Ohio.
See current membership details
Health
B+
Data as of Q1 2025
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. First Priority FCU has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24649 |
| Year Chartered | 1925 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 6.98% |
| Annual Interest Income | $639K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $73.1MM$69.9MM |
| Loans | Q1 2025vs Q1 2024 | $28.4MM$31MM |
| Deposits | Q1 2025vs Q1 2024 | $64.7MM$61.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.1MM$7.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $278K$310K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $144K$22K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |