Hope Federal Credit Union

Hope Federal Credit Union


Overview / Commentary
681-842-3065
925 White Oaks Blvd.
Bridgeport, WV 26330

Hope Federal Credit Union is headquartered in Bridgeport and is the 26th largest credit union in the state of West Virginia. It is also the 2,788th largest credit union in the nation. It was established in 1935 and as of June of 2019, it had grown to 3 employees and 2,401 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
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 - YTD1.47%
Return on Equity - YTD7.67%
Annual Interest Income$533.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$32.7MM$34.0MM
LoansQ2 2019vs Q2 2018$12.9MM$10.9MM
DepositsQ2 2019vs Q2 2018$26.3MM$28.2MM
Equity CapitalQ2 2019vs Q2 2018$6.3MM$5.8MM
Loan Loss AllowanceQ2 2019vs Q2 2018$66.00K$77.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$36.00K$7.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$0
Rates

Sorry, we do not have rate data for Hope Federal Credit Union.

Locations


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

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