Overview / Commentary
Hometown Federal Credit Union is headquartered in Peru and is the 84th largest credit union in the state of Indiana. It is also the 3,082nd largest credit union in the nation. It was established in 1936 and as of December of 2018, it had grown to 8 employees and 3,733 members at 1 location. Hometown Federal Credit Union has a B health rating.
Field of Membership Restrictions
Hometown Federal Credit Union membership is open to those who live, work, attend school or worship in Miami County, Indiana.
See current membership details
Health
B
Data as of Q4 2018
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. Hometown Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 1621 |
| Year Chartered | 1936 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 3.71% |
| Return on Equity - YTD | 18.31% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $25.3MM$24.1MM |
| Loans | Q4 2018vs Q4 2017 | $20.8MM$18.8MM |
| Deposits | Q4 2018vs Q4 2017 | $20.2MM$19.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $5.1MM$4.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $354.00K$252.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $517.00K$271.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
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Hometown Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.75% | $5 | - | IRA (Shares) | |
| 0.50% | - | - | IRA Account | |
| 0.05% | $5 | - | Savings Account | |
| 0.05% | - | - | Christmas Club Account | |
| 0.05% | - | - | Vacation Club Account |
Hometown Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $1k | - | 60 Month CD | |
| 0.85% | $1k | - | 48 Month CD | |
| 0.60% | $1k | - | 36 Month CD | |
| 0.40% | $1k | - | 24 Month CD | |
| 0.25% | $1k | - | 12 Month CD | |
| 0.25% | $1k | - | 18 Month CD | |
| 0.15% | $1k | - | 6 Month CD |
Locations
| Hometown Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 151 N Broadway | Peru, IN 46970-2233 |