HOPEWELL CHEMICAL Credit Union Profile

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HOPEWELL CHEMICAL

Charter #16605 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (804) 452-2480

Fax: (804) 452-5515

Founding Date: N/A

Website: http://www.hopechemfcu.org

Personnel & Operations

President: Tillett, John

Manager: Frink, Lynda

FT Employees: 9

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 40

Branches: 2

Hours: Monday 9:00am - 2:00pm Tuesday, Wednesday,

Credit Union Profile Summary

HOPEWELL CHEMICAL is a FCU Credit Union. With a total of 3,268 members [1], this institution manages approximately $51,520,964 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.32% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.49% [1].

Financial Snapshot

Total Assets [1]
$51,520,964

Total economic resources.

Total Loans [1]
$23,405,800

Total value of outstanding loans.

Total Deposits [1]
$45,169,138

Total funds deposited by members.

Members [1]
3,268

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.32%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.02%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
51.82%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -0.19%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -0.49%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -0.24%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

702 Elm St

Hopewell, VA, 23860
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 2 branches reported by HOPEWELL CHEMICAL (Charter #16605).

Main Office

Corporate Office Main Office

Type: Corporate Office

702 Elm St

Hopewell, VA 23860

Phone: (804) 452-2480

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Richmond

Dixiecon Branch Hopewell Chemical FCU

Type: Branch Office

2000 Richmond Hwy

Richmond, VA 23224-7608

Phone: (804) 230-2457

Services: Member Services

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