Bronco Federal Credit Union

Overview / Commentary
135 Stewart Dr
Franklin, VA 23851

Bronco Federal Credit Union is headquartered in Franklin and is the 34th largest credit union in the state of Virginia. It is also the 1,108th largest credit union in the nation. It was established in 1941 and as of September of 2022, it had grown to 49 employees and 18,402 members at 3 locations. Bronco Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, regularly conduct business, worship or attend school in the Cities of Franklin, Suffolk, Chesapeake, Portsmouth, Norfolk and Virginia Beach; and Isle of Wight County or Southampton County.
See current membership details


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Health Grade Components

NCUA #4616
Year Chartered1941
Primary Regulator
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD9.3%
Annual Interest Income$5.6MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$252.6MM$232.7MM
LoansQ3 2022vs Q3 2021$160.0MM$125.5MM
DepositsQ3 2022vs Q3 2021$232.3MM$214.0MM
Equity CapitalQ3 2022vs Q3 2021$19.9MM$18.5MM
Loan Loss AllowanceQ3 2022vs Q3 2021$837.00K$764.00K
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$1.1MM$524.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$127.00K

Rates for Bronco Federal Credit Union are currently being reviewed.


Bronco Federal Credit Union Locations
Branch Office135 Stewart DrFranklin, VA 23851
Branch Office3075 Godwin BlvdSuffolk, VA 23434
Branch Office206 E 2nd AveFranklin, VA 23851

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