URW Community Federal Credit Union
Overview / Commentary
URW Community Federal Credit Union is headquartered in Danville and is the 35th largest credit union in the state of Virginia. It is also the 1,204th largest credit union in the nation. It was established in 1970 and as of March of 2025, it had grown to 59 employees and 35,498 members at 11 locations. URW Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in URW Community Federal Credit Union is open to those who live, work, worship, attend school, or volunteer in Virginia counties of Halifax, Henry or Pittsylvania, or Caswell County, North Carolina, or the Virginia cities of Danville or Martinsville. Immediate family of current URWCFU members also qualify for membership.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 19867 |
| Year Chartered | 1970 |
| Employees | 59 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 4.78% |
| Annual Interest Income | $4.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $227.7MM$239.2MM |
| Loans | Q1 2025vs Q1 2024 | $180.3MM$190.3MM |
| Deposits | Q1 2025vs Q1 2024 | $194.2MM$203.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $31.4MM$31.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.5MM$2MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.6MM$3.1MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
