Hope Federal Credit Union
Hope Federal Credit Union
Overview / Commentary
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 2,725th largest credit union in the nation. It was established in 1935 and as of June of 2016, it had grown to 3 employees and 2,493 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+
Data as of Q2 2016
Learn more about bank healthAdditional 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 | 0.58% |
| Return on Equity - YTD | 3.83% |
| Annual Interest Income | $377.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $34.8MM$34.3MM |
| Loans | Q2 2016vs Q2 2015 | $10.3MM$10.8MM |
| Deposits | Q2 2016vs Q2 2015 | $29.5MM$29.3MM |
| Equity Capital | Q2 2016vs Q2 2015 | $5.3MM$5.1MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $63.00K$54.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $69.00K$85.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $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 |