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Hughes Federal Credit Union

Hughes Federal Credit Union was chartered in 1955 and its charter number is 10156. Hughes Federal Credit Union's address registered with the NCUA is P.O. Box 11900, Tucson, AZ 85734. As of 11/21/06, Hughes FCU reported $365,151,575 in assets. The credit union currently has 47,971 members. It's Manager/CEO is Robert J. Swick. The credit unions website is www.hughesfcu.org

Hughes Federal Credit Union is a member of the Arizona Credit Union League. Hughes Credit Union Financial Evaluation
2005
Total Assets: $352,509,126
Total Loans: $219,355,066
Net Worth Ratio: 10.96
% Share Growth: 3.67
% Loan Growth: 28.77
Loans/Assets Ratio: 62.23
Investment/Assets Ratio: 33.45
Number of Members: 43,743
Number of Full-time Employees: 139

In the year of 2005, Hughes Credit Union assets decreased by 0.04% and its membership decreased by 0.05%. Hughes CU's membership decreased by a total of 2,444 members. Assets decreased by the amount of $14,828,910. The total loan amounts went from $254,313,700 in 2004 to $219,355,066 in 2005. Their net worth ratio decreased slightly to 10.96. Hughes CU decreased their job opportunities to 139 by reducing 7 employees.

2004
Total Assets: $367,338,036
Total Loans: $254,313,700
Net Worth Ratio: 11.87
% Share Growth: 2.79
% Loan Growth: 15.94
Loans/Assets Ratio: 69.23
Investment/Assets Ratio: 26.31
Number of Members: 46,187
Number of Full-time Employees: 146

 

February 9, 2012

 
 
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