Howard University Employees Federal Credit Union
LOCATIONS
1
View locations
HEALTH RATING
C+
View health report
CURRENT TOP RATE
0.75% APY
36 Month Share Certificate
View all rates
Overview / Commentary
Howard University Employees Federal Credit Union is headquartered in Washington and is the 24th largest credit union in the District of Columbia. It is also the 4,032nd largest credit union in the nation. It was established in 1935 and as of March of 2020, it had grown to 2 employees and 1,323 members at 1 location. Howard University Employees Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to employees and retirees of Howard University or Howard University Hospital.
See current membership details
Health
C+
Data as of Q1 2020
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. Howard University Employees Federal Credit Union has a very low asset base, and a negative return on assets.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 648 |
| Year Chartered | 1935 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -3.36% |
| Return on Equity - YTD | -18.99% |
| Annual Interest Income | $45.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $9.6MM$9.9MM |
| Loans | Q1 2020vs Q1 2019 | $6.6MM$7.3MM |
| Deposits | Q1 2020vs Q1 2019 | $7.9MM$8.1MM |
| Equity Capital | Q1 2020vs Q1 2019 | $1.7MM$1.8MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $101.00K$100.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $33.00K$6.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |