Roanoke Virginia Firemen Credit Union is headquartered in Roanoke and is the 138th largest credit union in the state of Virginia. It is also the 5,747th largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 855 members. Roanoke Virginia Firemen Credit Union has a B health rating.
Must be an employee of the Roanoke Fire - EMS. - See Details
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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 Roanoke Virginia Firemen Credit Union had $0 in non-current loans and owned real-estate with $677,000 in equity and loan loss allowances on hand to cover it. This gives Roanoke Virginia Firemen Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Roanoke Virginia Firemen Credit Union has increased its total deposits by $32,000, resulting in 1.59% 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 Roanoke Virginia Firemen Credit Union has shown is above average.
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. Roanoke Virginia Firemen Credit Union has $2.72 million in assets with $677,000 in equity, resulting in a capitalization level of 24.88%, which is excellent.
|Assets and Liabilities|
|Loan Loss Allowance||$8,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Loan Loss Allowance||$5,000|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||1.46%|
|Return on Assets||-0.15%|
|Return on Equity||-0.6%|
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|0.26%||-||-||Main Share Account|
|0.26%||-||-||Christmas Club Account|
|0.26%||-||-||Vacation Club Account|
|Roanoke Virginia Firemen Credit Union Locations|
|Branch Office||1115 Patterson Ave SW||Roanoke, VA 24016|