Overview / Commentary
Celco Community Federal Credit Union is headquartered in NARROWS and is the 42nd largest credit union in the state of Virginia. It is also the 1,555th largest credit union in the nation. It was established in 1956 and as of June of 2024, it had grown to 20 employees and 6,989 members at 3 locations. Celco Community Federal Credit Union's savings rates are 73% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Celco Community Credit Union is open to those who live, work, or worship in Giles County, Virginia. Immediate family of a current members are also eligible to join.
See current membership details
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11254 |
| Year Chartered | 1956 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 6% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $136.9MM$139.3MM |
| Loans | Q2 2024vs Q2 2023 | $75MM$64.9MM |
| Deposits | Q2 2024vs Q2 2023 | $110.5MM$115.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $24.1MM$23.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $641K$158K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $861K$923K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |