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Overview / Commentary
304-522-4871
1848 Madison Ave Ste B
Huntington, WV 25704

IBEW 317 Federal Credit Union is headquartered in Huntington and is the 33rd largest credit union in the state of West Virginia. It is also the 3,261st largest credit union in the nation. It was established in 1960 and as of June of 2016, it had grown to 4 employees and 1,774 members at 1 location. IBEW 317 Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership is open to members of the International Brotherhood of Electrical Workers Local #317.
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Health
C+
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. IBEW 317 Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #14030
Year Chartered1960
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD8.96%
Annual Interest Income$401.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$23.0MM$21.5MM
LoansQ2 2016vs Q2 2015$10.3MM$10.2MM
DepositsQ2 2016vs Q2 2015$20.6MM$19.2MM
Equity CapitalQ2 2016vs Q2 2015$2.3MM$2.2MM
Loan Loss AllowanceQ2 2016vs Q2 2015$32.00K$70.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$663.00K$811.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Rates

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Locations


IBEW 317 Federal Credit Union Locations
Branch Office1848 Madison Ave Ste BHuntington, WV 25704