Bronco Federal Credit Union is headquartered in Franklin and is the 35th largest credit union in the state of Virginia. It is also the 1,160th largest credit union in the nation. It was established in 1941 and as of December of 2020, it had grown to 59 employees and 18,739 members at 3 locations. Bronco Federal Credit Union has a B+ health rating.
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
Overall | |
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NCUA # | 4616 |
Year Chartered | 1941 |
Employees | 59 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.25% |
Return on Equity - YTD | 2.85% |
Annual Interest Income | $6.6MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $209.0MM$182.0MM |
Loans | Q4 2020vs Q4 2019 | $127.0MM$136.9MM |
Deposits | Q4 2020vs Q4 2019 | $190.7MM$164.2MM |
Equity Capital | Q4 2020vs Q4 2019 | $18.0MM$17.5MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $813.00K$969.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.2MM$1.5MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $329.00K$277.00K |
Always verify rates and promotions with the bank or credit union. We are not Bronco Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $5 | - | Share Account | |
0.10% | $100 | - | Coverdell ESA | |
0.10% | $100 | - | Traditional IRA Savings Account | |
0.10% | $100 | - | Roth IRA Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.30%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.10% → Up to $25k | 0.15% → $25k - $50k |
Bronco Federal Credit Union Locations | ||
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Branch Office | 135 Stewart Dr | Franklin, VA 23851 |
Branch Office | 3075 Godwin Blvd | Suffolk, VA 23434 |
Branch Office | 206 E 2nd Ave | Franklin, VA 23851 |