2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 24829
Date Established 1995
Assets $306.25 million
Loans $227.63 million
Deposits $252.51 million
Capital $30.08 million

Hope is an NCUA insured institution located in Jackson, MS. It was founded in 1995 and has approximately $306.25 millions in assets.

Who can join?

Anyone can join for a $10 fee.

Field of Membership Restrictions

Membership in Hope Federal Credit Union is open to anyone in the United States who is planning on opening certain accounts (HOPE Saver, Club, or Certificates). Other accounts are limited to residents of Arkansas, Louisiana, Mississippi, and Tennessee. (membership requirements are listed in the credit union's online application)

Deposit Rates - September 15, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.50% $1,000 $99,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.51% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $1,000 $94,999 Learn MoreShow Less
12 Mo CD
1.51% $1,000 $94,999 Learn MoreShow Less
1.51% $1,000 $94,999 Learn MoreShow Less
1.51% $1,000 $94,999 Learn MoreShow Less
1.31% $1,000 $94,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $25 - Learn MoreShow Less
Checking Rates APY MIN FEE
HOPE Rewards Checking 3.01% $0 $0.00 Learn MoreShow Less

Loan Rates - September 15, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for HOPE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.751% 3.750% 0.00 $25 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to HOPE
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Hope branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Hope Locations


Financial Details

Hope Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hope. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Hope U.S. Average
14.67% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Hope had $3,418,451 in non-current loans and $1,607,470 in owned assets. To cover these potential losses it had $30,078,872 in net worth and $4,176,632 in loans loss reserves. That gives it a Texas Ratio of 14.67%.

Net Worth
Hope U.S. Average
9.82% 13.47%

Hope FCU has a net worth of 9.82% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Hope

Branches and Savings

What is Hope?

A federal credit union, registered with the NCUA under certificate #24829.
Learn more about credit unions here.

Is Hope FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Hope?

Please see Field of Membership information above for information on who is eligible to join.

What are Hope's share account and share certificate rates?

Hope's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Hope?

Hope has total capital of $30.08 million. Full information on Hope's financial position is located above.

Who owns Hope?

Credit Unions are owned by their members.

Where are Hope branches located?

See branch locations nearby.

Are Hope ATMs Open 24/7?

Do Hope ATMs accept cash deposits?

Can Hope customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Hope have a mobile app?

Does Hope have mobile deposit?

Does Hope have quick pay?

How can Hope transfer money to other banks or credit unions?

Does Hope report to credit bureaus?

Does Hope use Chexsystems?

Does Hope use Equifax?

What is Hope's toll free phone number?

What is Hope's ACH Routing Number?

What is Hope's SWIFT code?

Where can I find Hope's wire transfer form?

What is the Hope address for deposits?

What Products Does Hope Offer

Does Hope offer mortgages?

Compare mortgage rates here.

Does Hope offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Hope offer auto and RV loans?

Compare auto loan rates here.

Does Hope offer student loans or personal loans?

Compare personal loan rates here.

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