Overview / Commentary
Hema Federal Credit Union is headquartered in Silver Spring and is the 60th largest credit union in the state of Maryland. It is also the 3,588th largest credit union in the nation. It was established in 1969 and as of September of 2019, it had grown to 2 employees and 2,179 members at 1 location. Hema Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Hema Federal Credit Union is open to employees of MedStar Corporation, Washington Hospital Center, the Visiting Nurse Association, National Rehabilitation Hospital, and MedStar employees in the Washington DC metropolitan area.
See current membership details
Health
C+
Data as of Q3 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. Hema Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19514 |
| Year Chartered | 1969 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 6.24% |
| Annual Interest Income | $443.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $15.5MM$15.9MM |
| Loans | Q3 2019vs Q3 2018 | $5.7MM$5.1MM |
| Deposits | Q3 2019vs Q3 2018 | $13.9MM$14.4MM |
| Equity Capital | Q3 2019vs Q3 2018 | $1.6MM$1.5MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $50.00K$53.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $71.00K$51.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |