Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
314 Lowes Dr
Danville, VA 24540-5927

URW Community Credit Union is headquartered in Danville and is the 39th largest credit union in the state of Virginia. It is also the 1,374th largest credit union in the nation. It was established in 1970 and as of March of 2014, it had grown to 36 employees and 15,053 members. URW Community Credit Union's savings rates are 3X the national average, and it has a A health rating.

Field of Membership Restrictions

If you live, work, worship, volunteer or attend school in the City of Danville, Pittsylvania County or Caswell County. You can join! If you are a Family Member of a URW Community Federal Member—including grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) or if you live in the same house, you can join! - See Details

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health


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 URW Community Credit Union had $288,000 in non-current loans and owned real-estate with $9.79 million in equity and loan loss allowances on hand to cover it. This gives URW Community Credit Union a Texas Ratio of 2.94% 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 URW Community Credit Union experienced no significant changes from 2.48% as of March 31, 2013 to 2.94% as of March 31, 2014, resulting in a negative change of 18.70%. This indicates that the balance sheet and financial strength for URW Community Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, URW Community Credit Union has increased its total deposits by $11.61 million, resulting in 12.24% 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 URW Community Credit Union 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. URW Community Credit Union has $116.54 million in assets with $9.79 million in equity, resulting in a capitalization level of 8.40%, which is average.

Institution Statistics

NCUA #19867
Year Chartered1970
Primary Regulator
Assets and Liabilities
Assets$116.54 million
Loans$78.07 million
Deposits$106.50 million
Equity Capital$9.39 million
Loan Loss Allowance$401,000
Unbacked Noncurrent Loans$288,000
Real Estate Owned$0
Historic Data - March 2013
Assets$104.84 million
Equity Capital$8.98 million
Loan Loss Allowance$296,000
Unbacked Noncurrent Loans$288,000
Real Estate Owned$56,000
Profit Margin - Quarterly
Net Interest Margin1.55%
Return on Assets0.85%
Return on Equity10.53%
Interest Income$1.45 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not URW Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.

URW Community Credit Union Savings Account Rates

1.31%--Stable IRA
0.30%--Liquid IRA

URW Community Credit Union Money Market Rates

0.60%$100k-Money Markets

URW Community Credit Union CD Rates

1.31%$2,500-5 Year CD
0.90%$2,500-3 Year CD
0.70%$2,500-2 Year CD
0.55%$2,500-1 Year CD
0.45%$2,500-6 Month CD

URW Community Credit Union IRA Rates

1.31%$2,500-5 Year IRA
0.90%$2,500-3 Year IRA
0.70%$2,500-2 Year IRA
0.55%$2,500-1 Year IRA
0.45%$2,500-6 Month IRA

URW Community Credit Union Locations
Branch Office1901 Goodyear BlvdDanville, VA 24541
Branch Office539 Arnett BlvdDanville, VA 24540
Branch Office314 Lowes DrDanville, VA 24540-5927
Branch Office142 S Main StDanville, VA 24541-2922
Branch Office701 Broad StDanville, VA 24541