Central Virginia Federal Credit Union
Overview / Commentary
Central Virginia Federal Credit Union is headquartered in Lynchburg and is the 37th largest credit union in the state of Virginia. It is also the 1,291st largest credit union in the nation. It was established in 1976 and as of March of 2025, it had grown to 45 employees and 13,132 members at 5 locations. Central Virginia Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Central Virginia Federal Credit Union is open to those who live, work, worship or attend school in the Virginia counties of Amherst, Appomattox, Bedford, or Campbell; the Virginia city of Lynchburg; or the Virginia towns of Altavista or Bedford.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 22307 |
| Year Chartered | 1976 |
| Employees | 45 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 12.58% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $196.6MM$192.8MM |
| Loans | Q1 2025vs Q1 2024 | $117.9MM$109MM |
| Deposits | Q1 2025vs Q1 2024 | $173.4MM$172.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $21.2MM$18.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.1MM$853K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.2MM$1.2MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |