Union Trades Federal Credit Union
Overview / Commentary
Union Trades Federal Credit Union is headquartered in Parkersburg and is the 30th largest credit union in the state of West Virginia. It is also the 2,798th largest credit union in the nation. It was established in 1972 and as of March of 2025, it had grown to 11 employees and 2,916 members at 3 locations. Union Trades Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Union Trades Federal Credit Union is open to anyone who lives, works, worships, or goes to school in Wood County, West Virginia, or Washington County, Ohio. Building and Construction Unions in the Mid-Ohio Valley are also eligible for membership.
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. Union Trades Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 21100 |
| Year Chartered | 1972 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.24% |
| Return on Equity - YTD | 7.27% |
| Annual Interest Income | $388K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $33.5MM$33.2MM |
| Loans | Q1 2025vs Q1 2024 | $10.8MM$11.7MM |
| Deposits | Q1 2025vs Q1 2024 | $27.7MM$27.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5.7MM$5.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $91K$93K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $146K$153K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |