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 2,753rd largest credit union in the nation. It was established in 1935 and as of June of 2018, it had grown to 3 employees and 2,427 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
Health
B+
Data as of Q2 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. 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 | 1.05% |
| Return on Equity - YTD | 6.21% |
| Annual Interest Income | $468.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $34.0MM$34.1MM |
| Loans | Q2 2018vs Q2 2017 | $10.9MM$10.0MM |
| Deposits | Q2 2018vs Q2 2017 | $28.2MM$28.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $5.8MM$5.5MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $77.00K$48.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $7.00K$20.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $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 |