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Overview / Commentary
567 James Madison Hwy
Culpeper, VA 22701

Northern Piedmont Credit Union is headquartered in Warrenton and is the 85th largest credit union in the state of Virginia. It is also the 3,546th largest credit union in the nation. It was established in 1954 and as of March of 2014, it had grown to 11 employees and 4,033 members. Northern Piedmont Credit Union has a B health rating.

Field of Membership Restrictions

Must be an employee of one of the several Select Employee Groups (SEGs). - 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. Northern Piedmont Credit Union 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 Northern Piedmont Credit Union had $105,000 in non-current loans and owned real-estate with $2.41 million in equity and loan loss allowances on hand to cover it. This gives Northern Piedmont Credit Union a Texas Ratio of 4.36% 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 Northern Piedmont Credit Union decreased dramatically from 13.33% as of March 31, 2013 to 4.36% as of March 31, 2014, resulting in a positive change of 67.27%.This indicates that the balance sheet and financial strength for Northern Piedmont Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Northern Piedmont Credit Union has decreased its total deposits by -$2.12 million, resulting in -10.89% 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 Northern Piedmont Credit Union has shown is poor.



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. Northern Piedmont Credit Union has $20.02 million in assets with $2.41 million in equity, resulting in a capitalization level of 12.02%, which is excellent.

Institution Statistics

NCUA #9187
Year Chartered1954
Primary Regulator
Assets and Liabilities
Assets$20.02 million
Loans$8.31 million
Deposits$17.39 million
Equity Capital$2.23 million
Loan Loss Allowance$173,000
Unbacked Noncurrent Loans$105,000
Real Estate Owned$0
Historic Data - March 2013
Assets$21.52 million
Equity Capital$1.56 million
Loan Loss Allowance$120,000
Unbacked Noncurrent Loans$105,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.26%
Return on Equity2.33%
Interest Income$152,000
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Northern Piedmont Credit Union Savings Account Rates

0.00%$1k-Shares/Savings Account
0.00%--Club X Account
0.00%$1k-Club 1 Account
0.00%$1k-Club 2 Account
0.00%--Master IRA Account

Northern Piedmont Credit Union CD Rates

0.00%$500-6 Month CD
0.00%$2k-9 Month CD
0.00%$1k-1 Year CD
0.00%$1k-2 Year CD

Northern Piedmont Credit Union IRA Rates

0.00%$1k-1 Year IRA
0.00%$2k-2 Year IRA

Northern Piedmont Credit Union Locations
Branch Office4257 Aiken Dr Bldg 102-AWarrenton, VA 20187
Branch Office484 Blackwell RdWarrenton, VA 20186
Branch Office567 James Madison HwyCulpeper, VA 22701