Overview / Commentary
Hancock Federal Credit Union is headquartered in Findlay and is the 73rd largest credit union in the state of Ohio. It is also the 1,835th largest credit union in the nation. It was established in 1938 and as of March of 2022, it had grown to 27 employees and 9,636 members at 2 locations. Hancock Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Hancock County.
See current membership details
Health
B+
Data as of Q1 2022
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. Hancock Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2815 |
| Year Chartered | 1938 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.51% |
| Annual Interest Income | $821.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $99.6MM$96.5MM |
| Loans | Q1 2022vs Q1 2021 | $76.9MM$69.8MM |
| Deposits | Q1 2022vs Q1 2021 | $89.8MM$86.6MM |
| Equity Capital | Q1 2022vs Q1 2021 | $8.8MM$8.9MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $401.00K$337.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $223.00K$332.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |