Hampton Roads Educators Credit Union:

Hampton Roads Educators Credit Union was chartered in 1954 and its charter number is 66913. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Hampton Roads Educators Credit Union's address registered with the NCUA is 2130 CUNNINGHAM DRIVE, HAMPTON, VA 23666-2502. As of 11/14/06 Hampton Roads Educators Credit Union reported $24,785,263 in assets. The credit union currenly has 6,783 members. It's Manager/CEO is Karen F. Orie The credit unions website is www.hrecu.org. Hampton Roads Educators Credit Union is a member of the Virginia Credit Union League.

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Hampton Roads Educators Credit Union Financial Evaluation
As of December 31, 2004
Total Assets: $24,378,169.00
Total Loans: $15,127,762.00
Net Worth Ratio: 6.95
% Share Growth: 4.6
% Loan Growth: 8.91
Loans/Assets Ratio: 62.05
Loans/Assets Ratio: 33.93
Numbers of Members: 6,578
Number of Full-time Employees: 12 		 
As of December 31, 2005
Total Assets: $24,848,951.00
Total Loans: $17,065,073.00
Net Worth Ratio: 7.93
% Share Growth: -0.21
% Loan Growth: 12.8
Loans/Assets Ratio: 68.67
Loans/Assets Ratio: 24.49
Numbers of Members: 6744
Number of Full-time Employees: 13.5 		 
As of December 31, 2006
Total Assets: $24,846,075.00
Total Loans: $18,421,006.00
Net Worth Ratio: 9.94
% Share Growth: -3.77
% Loan Growth: 7.94
Loans/Assets Ratio: 74.14
Loans/Assets Ratio: 19.33
Numbers of Members: 6,662
Number of Full-time Employees: 12.5 		 
 
 
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Credit Union News:

The dress down to raise some money
The Reporter - Feb 6, 2008
Borrowing an approach to "casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby on the last Friday of every month the credit union's employees are permitted to wear jeans by contributing at least $5 to a fund maintained by Financial Resources FCU Foundation for the benefit of an organization.

Full Story: http://www.nj.com/business/reporter/index.ssf?/base/business-0/120231752688370.xml&coll=13

The dress down to raise some money
The Reporter - Feb 6, 2008
Borrowing an approach to "casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby on the last Friday of every month the credit union's employees are permitted to wear jeans by contributing at least $5 to a fund maintained by Financial Resources FCU Foundation for the benefit of an organization.

Full Story: http://www.nj.com/business/reporter/index.ssf?/base/business-0/120231752688370.xml&coll=13

Police log: Two arrested in bank robbery
The York Dispatch - Feb 8, 2008
Pennsylvania State Police arrested two York County residents Wednesday and charged them with robbing a Dauphin County credit union.

Full Story: http://yorkdispatch.inyork.com/yd/local/ci_8203133?source=rss

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