Overview / Commentary
Augusta County Federal Credit Union is headquartered in VERONA and is the 69th largest credit union in the state of Virginia. It is also the 3,088th largest credit union in the nation. It was established in 1957 and as of March of 2021, it had grown to 4 employees and 2,579 members at 1 location. Augusta County Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Contract and full-time employees of Augusta County are eligible to join Augusta County FCU. Immediate family of current members may also join.
See current membership details
Health
B+
Data as of Q1 2021
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Augusta County Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11744 |
| Year Chartered | 1957 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.88% |
| Return on Equity - YTD | 5.05% |
| Annual Interest Income | $171.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $29.3MM$24.2MM |
| Loans | Q1 2021vs Q1 2020 | $8.4MM$8.9MM |
| Deposits | Q1 2021vs Q1 2020 | $24.2MM$19.4MM |
| Equity Capital | Q1 2021vs Q1 2020 | $5.0MM$4.7MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $67.00K$61.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $39.00K$70.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |