Holyoke Community Federal Credit Union
Overview / Commentary
Holyoke Community Federal Credit Union is headquartered in Holyoke and is the 52nd largest credit union in the state of Colorado. It is also the 2,711th largest credit union in the nation. It was established in 1938 and as of December of 2019, it had grown to 12 employees and 2,715 members at 2 locations. Holyoke Community Federal Credit Union has a B health rating.
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. Holyoke Community Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2818 |
| Year Chartered | 1938 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.24% |
| Return on Equity - YTD | 2.85% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $34.2MM$32.8MM |
| Loans | Q4 2019vs Q4 2018 | $27.6MM$26.4MM |
| Deposits | Q4 2019vs Q4 2018 | $30.3MM$29.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.9MM$2.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $185.00K$212.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $338.00K$316.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |