Overview / Commentary
HB Telco Federal Credit Union is headquartered in Huron and is the 37th largest credit union in the state of South Dakota. It is also the 4,599th largest credit union in the nation. It was established in 1954 and as of December of 2019, it had grown to 1 employees and 967 members at 1 location. HB Telco Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership in HB Telco Federal Credit Union is open to employees of NorthWestern Corporation, Venture Communications Cooperative, Santel Communications Cooperative, Midstate Communications Cooperative, City of Huron, Beadle County, Kingsbury County, State of South Dakota working in Beadle County, or Centurylink in select South Dakota counties.
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. HB Telco Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9888 |
| Year Chartered | 1954 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.34% |
| Return on Equity - YTD | 3.1% |
| Annual Interest Income | $177.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $4.3MM$4.6MM |
| Loans | Q4 2019vs Q4 2018 | $3.8MM$3.8MM |
| Deposits | Q4 2019vs Q4 2018 | $3.8MM$4.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $484.00K$470.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $59.00K$58.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1,000$21.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |