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Overview / Commentary
1845 7Th Street
Parkersburg, WV 26101

Ibew 968 Federal Credit Union is headquartered in PARKERSBURG and is the 68th largest credit union in the state of West Virginia. It is also the 4,688th largest credit union in the nation. It was established in 1960 and as of December of 2017, it had grown to 2 employees and 353 members at 1 location. Ibew 968 Federal Credit Union has a B health rating.


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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 968 Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #14020
Year Chartered1960
Primary Regulator
Profit Margin
Return on Assets - YTD-0.41%
Return on Equity - YTD-2.94%
Annual Interest Income$104.00K
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$5.2MM$5.1MM
LoansQ4 2017vs Q4 2016$1.3MM$1.1MM
DepositsQ4 2017vs Q4 2016$4.6MM$4.4MM
Equity CapitalQ4 2017vs Q4 2016$680.00K$700.00K
Loan Loss AllowanceQ4 2017vs Q4 2016$11.00K$11.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$2.00K$3.00K
Real Estate OwnedQ4 2017vs Q4 2016$0$0

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Ibew 968 Federal Credit Union Locations
Branch Office1845 7TH STPARKERSBURG, WV 26101-4250