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Overview / Commentary
RR 2
Williamson, WV 25661

Mingo County Education Federal Credit Union is headquartered in Williamson and is the 76th largest credit union in the state of West Virginia. It is also the 5,268th largest credit union in the nation. It was established in 1977 and as of March of 2017, it had grown to 465 members at 1 location. Mingo County Education Federal Credit Union has a C- health rating.

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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. Mingo County Education Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #22678
Year Chartered1977
Employees0
Primary Regulator
Profit Margin
Return on Assets - YTD3.94%
Return on Equity - YTD22.44%
Annual Interest Income$61.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$2.4MM$2.1MM
LoansQ1 2017vs Q1 2016$1.9MM$1.9MM
DepositsQ1 2017vs Q1 2016$2.0MM$1.7MM
Equity CapitalQ1 2017vs Q1 2016$410.00K$354.00K
Loan Loss AllowanceQ1 2017vs Q1 2016$3.00K$14.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$361.00K$19.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates

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Locations


Mingo County Education Federal Credit Union Locations
Branch OfficeRR 2Williamson, WV 25661