Overview / Commentary
Happy Valley Credit Union is headquartered in Elizabethton and is the 72nd largest credit union in the state of Tennessee. It is also the 2,724th largest credit union in the nation. It was established in 1933 and as of June of 2021, it had grown to 10 employees and 3,780 members at 1 location. Happy Valley Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership with Happy Valley Credit Union is open to anyone who work, worships or lives, within one of their census tract areas of Carter County, TN. Additionally, employees of one of the many select employer groups are also eligible for membership.
See current membership details
Health
B+
Data as of Q2 2021
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. Happy Valley Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68097 |
| Year Chartered | 1933 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.18% |
| Return on Equity - YTD | -1.31% |
| Annual Interest Income | $414.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $40.5MM$36.1MM |
| Loans | Q2 2021vs Q2 2020 | $12.0MM$15.5MM |
| Deposits | Q2 2021vs Q2 2020 | $34.5MM$30.3MM |
| Equity Capital | Q2 2021vs Q2 2020 | $5.5MM$5.6MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $67.00K$84.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $187.00K$209.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |