Overview / Commentary
Ohio Valley Community Credit Union is headquartered in Clarington and is the 42nd largest credit union in the state of Ohio. It is also the 1,215th largest credit union in the nation. It was established in 1960 and as of December of 2022, it had grown to 34 employees and 14,029 members at 5 locations. Ohio Valley Community Credit Union's CD rates are 5X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Ohio Valley Community Credit Union is open to those who live, work, worship, or attend school in the Ohio counties or Belmont, Monroe, or Washington, or the West Virginia counties of Marshall, Ohio, or Wetzel. Employees of several Select Employer Groups also qualify for membership.
See current membership details
Health
B
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24909 |
| Year Chartered | 1960 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.17% |
| Return on Equity - YTD | 14.6% |
| Annual Interest Income | $7.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $212.5MM$199.2MM |
| Loans | Q4 2022vs Q4 2021 | $138.6MM$115.6MM |
| Deposits | Q4 2022vs Q4 2021 | $194.2MM$179.6MM |
| Equity Capital | Q4 2022vs Q4 2021 | $16.9MM$18.2MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $574.00K$427.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $2.4MM$1.6MM |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |