Hope Federal Credit Union

Hope Federal Credit Union

Overview / Commentary
925 White Oaks Blvd.
Bridgeport, WV 26330

Hope Federal Credit Union is headquartered in Bridgeport and is the 28th largest credit union in the state of West Virginia. It is also the 2,839th largest credit union in the nation. It was established in 1935 and as of June of 2020, it had grown to 3 employees and 2,375 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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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

NCUA #220
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD4.35%
Annual Interest Income$449.00K
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$33.9MM$32.7MM
LoansQ2 2020vs Q2 2019$13.7MM$12.9MM
DepositsQ2 2020vs Q2 2019$27.2MM$26.3MM
Equity CapitalQ2 2020vs Q2 2019$6.7MM$6.3MM
Loan Loss AllowanceQ2 2020vs Q2 2019$59.00K$66.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.00K$36.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0

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

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