HSM Solutions Federal Credit Union
Overview / Commentary
HSM Solutions Federal Credit Union is headquartered in HICKORY and is the 55th largest credit union in the state of North Carolina. It is also the 3,914th largest credit union in the nation. It was established in 1977 and as of March of 2025, it had grown to 3 employees and 2,174 members at 1 location. HSM Solutions Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in HSM Solutions Federal Credit Union is open to employees of Hickory Springs Manufacturing or one of their wholly owned subsidiaries.
See current membership details
Health
B
Data as of Q1 2025
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. HSM Solutions Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 22740 |
| Year Chartered | 1977 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.47% |
| Return on Equity - YTD | -11.09% |
| Annual Interest Income | $104K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $5.8MM$5.7MM |
| Loans | Q1 2025vs Q1 2024 | $4.2MM$4.6MM |
| Deposits | Q1 2025vs Q1 2024 | $5MM$4.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $752K$792K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $77K$60K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $26K$47K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |