New Horizon

180 2nd St Sw
Barberton, OH 44203

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 616
Date Established 1935
Assets $18.99 million
Loans $9.02 million
Deposits $17.00 million
Capital $1.87 million

New Horizon is an NCUA insured institution located in Barberton, OH. It was founded in 1935 and has approximately $18.99 millions in assets.

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
0.30% $500 $99,999 Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.40% $500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for NEW HORIZON

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to NEW HORIZON

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

Branches

Below are New Horizon 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


New Horizon Locations

Financial Details

New Horizon Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of New Horizon. 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
New Horizon U.S. Average
0.46% 7.80%

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. As of December 31, 2016, New Horizon had $8,854 in non-current loans and $0 in owned assets. To cover these potential losses it had $1,869,553 in net worth and $38,458 in loans loss reserves. That gives it a Texas Ratio of 0.46%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.

Net Worth
New Horizon U.S. Average
10.88% 13.06%

New Horizon FCU has a net worth of 10.88% versus the BestCashCow average of 13.06%. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for NEW HORIZON

There are currently no comments for NEW HORIZON. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →