Overview / Commentary
Happy Valley Credit Union is headquartered in Elizabethton and is the 71st largest credit union in the state of Tennessee. It is also the 2,743rd largest credit union in the nation. It was established in 1933 and as of December of 2019, it had grown to 11 employees and 3,933 members at 1 location. Happy Valley Credit Union's CD rates are 18% higher than the national average, and it 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 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. Happy Valley Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68097 |
| Year Chartered | 1933 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.34% |
| Return on Equity - YTD | 2.02% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $33.4MM$30.5MM |
| Loans | Q4 2019vs Q4 2018 | $16.8MM$17.7MM |
| Deposits | Q4 2019vs Q4 2018 | $27.5MM$24.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $5.6MM$5.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $106.00K$183.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $383.00K$316.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$35.00K |