Overview / Commentary
Augusta County Federal Credit Union is headquartered in VERONA and is the 70th largest credit union in the state of Virginia. It is also the 3,150th largest credit union in the nation. It was established in 1957 and as of June of 2020, it had grown to 4 employees and 2,590 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 Q2 2020
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 | 1.19% |
| Return on Equity - YTD | 6.17% |
| Annual Interest Income | $424.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $25.6MM$23.7MM |
| Loans | Q2 2020vs Q2 2019 | $8.7MM$9.0MM |
| Deposits | Q2 2020vs Q2 2019 | $20.7MM$19.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $4.8MM$4.5MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $60.00K$58.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $104.00K$99.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |