Hope Federal Credit Union
Hope Federal Credit Union
Overview / Commentary
Hope Federal Credit Union is headquartered in Bridgeport and is the 25th largest credit union in the state of West Virginia. It is also the 2,750th largest credit union in the nation. It was established in 1935 and as of March of 2017, it had grown to 3 employees and 2,453 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
Related Posts
View all posts from:
Health
B+
Data as of Q1 2017
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. Hope Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 220 |
| Year Chartered | 1935 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 5.17% |
| Annual Interest Income | $206.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $34.8MM$34.2MM |
| Loans | Q1 2017vs Q1 2016 | $10.0MM$10.3MM |
| Deposits | Q1 2017vs Q1 2016 | $29.4MM$29.0MM |
| Equity Capital | Q1 2017vs Q1 2016 | $5.4MM$5.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $39.00K$63.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $21.00K$89.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for Hope Federal Credit Union.
Locations
| Hope Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 925 White Oaks Blvd. | Bridgeport, WV 26330 |