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HOPEWELL FEDERAL CREDIT UNION

Sep, 30, 2025 — HOPEWELL FEDERAL CREDIT UNION is a federal credit union headquartered in HEATH, OH with 3 branch locations and about $159.39 million in total assets. Opened 64 years ago in 1962, HOPEWELL FEDERAL CREDIT UNION has about 9,027 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HOPEWELL FEDERAL CREDIT UNION
Address:
(Main Office)
501 Hopewell Dr
HEATH, OH 43056
Phone:(740) 522-8311
Fax:(740) 522-1577
Website:https://www.hopewellfcu.org
Branches:3 branch locations
Members:9,027
Credit Union Type:Federal Credit Union
Charter Number:15307
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1962
Last Audited:Sep 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$159,394,422
CEO/Manager:Christopher L Simmons
Chairperson:Theresa Jackson

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,729,741
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 56,836,413
 Unsecured Loans 7,260,648
 Other Loans 41,819,413
 TOTAL LOANS 105,916,473
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -392,097
 Land And Building 3,130,306
 Other Fixed Assets 348,514
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,310,220
 All Other Assets 0
  TOTAL ASSETS 159,394,422
LIABILITIES & CAPITAL:  
 Dividends Payable 74,259
 Notes & Interest Payable 1,500,000
 Accounts Payable & Other Liabilities 763,412
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 23,683,225
 Regular shares 49,344,886
 All Other Shares & Deposits 72,652,121
  TOTAL SHARES & DEPOSITS 145,680,232
  TOTAL LIABILITIES 148,017,903
 Regular Reserve 0
 Other Reserves -1,084,666
 Undivided Earnings 12,461,185
  TOTAL EQUITY 11,376,519
  TOTAL LIABILITIES, SHARES, & EQUITY 159,394,422
INCOME & EXPENSE  
 Loan Income 4,432,390
 Investment Income 856,562
 Other Income 587,008
 Total Employee Compensation & Benefits 1,891,613
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,058,446
 Non-operating Income & (Expense) 471,779
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 218,000
 Cost of Funds 1,837,094
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,048,861
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