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Overview / Commentary
681-842-5065
925 White Oaks Blvd.
Bridgeport, WV 26330

Hope Federal Credit Union is headquartered in Bridgeport and is the 23rd largest credit union in the state of West Virginia. It is also the 2,739th largest credit union in the nation. It was established in 1935 and as of March of 2018, it had grown to 3 employees and 2,431 members at 1 location. Hope Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Open to employees of Dominion Hope Inc., Dominion Transmission inc. and Dominion Resources inc. as well as their spouses and dependent children.
See current membership details

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Health
B+
Additional 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. Hope Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #220
Year Chartered1935
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD1.06%
Return on Equity - YTD6.38%
Annual Interest Income$232.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$34.6MM$34.8MM
LoansQ1 2018vs Q1 2017$10.7MM$10.0MM
DepositsQ1 2018vs Q1 2017$28.9MM$29.4MM
Equity CapitalQ1 2018vs Q1 2017$5.7MM$5.4MM
Loan Loss AllowanceQ1 2018vs Q1 2017$77.00K$39.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$9.00K$21.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates

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Locations


Hope Federal Credit Union Locations
Branch Office925 White Oaks Blvd.Bridgeport, WV 26330

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