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Overview / Commentary
3300 Rivermont Ave
Lynchburg, VA 24503

Centra Health Credit Union Inc. is headquartered in Lynchburg and is the 99th largest credit union in the state of Virginia. It is also the 4,317st largest credit union in the nation. It was established in 1965 and as of March of 2014, it had grown to 2 employees and 2,841 members. Centra Health Credit Union Inc.'s CD rates are 67% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees, volunteers, and medical staff of Centra Health, members of their immediate families and associations of such persons and the incorporators and employees of this credit union. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Centra Health Credit Union Inc. has a low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Centra Health Credit Union Inc. had $137,000 in non-current loans and owned real-estate with $1.73 million in equity and loan loss allowances on hand to cover it. This gives Centra Health Credit Union Inc. a Texas Ratio of 7.94% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Centra Health Credit Union Inc. experienced no significant changes from 7.73% as of March 31, 2013 to 7.94% as of March 31, 2014, resulting in a negative change of 2.63%. This indicates that the balance sheet and financial strength for Centra Health Credit Union Inc. has had no significant changes in recent periods.

Deposit Growth


In the past year, Centra Health Credit Union Inc. has increased its total deposits by $892,000, resulting in 10.01% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Centra Health Credit Union Inc. has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Centra Health Credit Union Inc. has $11.51 million in assets with $1.73 million in equity, resulting in a capitalization level of 14.99%, which is excellent.

Institution Statistics

NCUA #66937
Year Chartered1965
Primary Regulator
Assets and Liabilities
Assets$11.51 million
Loans$3.78 million
Deposits$9.80 million
Equity Capital$1.70 million
Loan Loss Allowance$28,000
Unbacked Noncurrent Loans$137,000
Real Estate Owned$0
Historic Data - March 2013
Assets$10.58 million
Equity Capital$1.64 million
Loan Loss Allowance$16,000
Unbacked Noncurrent Loans$137,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.63%
Return on Equity4.24%
Interest Income$94,000
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Centra Health Credit Union Inc. CD Rates

1.50%$10k-12 Month CD

Centra Health Credit Union Inc. Locations
Branch Office3300 RIVERMONT AVELynchburg, VA 24503
Branch Office1901 Tate Springs RdLynchburg, VA 24501