Henrico Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.00% | 1-year CD | |
| 0.25% | Savings | 2.20% - Barclays Online Savings Account |
| 2.50% | 3-year CD | 2.75% - Discover Bank 3 Year CD |
Henrico Federal Credit Union is headquartered in Henrico and is the 28th largest credit union in the state of Virginia. It is also the 857th largest credit union in the nation. It was established in 1967 and as of December of 2018, it had grown to 79 employees and 31,807 members at 9 locations. Henrico Federal Credit Union's CD rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, or attend school in the counties of Amelia, Caroline, Charles City, Chesterfield, Cumberland, Dinwiddie, Goochland, Hanover, King & Queen, King William, Louisa, New Kent, Powhatan, Prince George, or Sussex, and the cities of Ashland, Colonial Heights, Hopewell, Petersburg, or Richmond.
See current membership details
Great local credit union
We've been members of this credit union since 2008. We have savings and checking accounts setup along with 2 of our children. Whenever there has been a question about either online banking or direct deposits they have been very helpful. The only shortcoming is that there are not a lot of ATM's and they don't handle business accounts at all. I like the fact that they have multi-factor security with online banking and that they seem to take security very seriously. Some banks, at least the bigger ones, don't seem to care one way or the other. I also like the fact that they are not always trying to sell us something. The rates on loans have been very competitive. We borrowed money for a car back in 2012. Like I said; a great local credit union for Richmond, VA!
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18175 |
| Year Chartered | 1967 |
| Employees | 79 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 11.74% |
| Annual Interest Income | $9.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $273.3MM$257.2MM |
| Loans | Q4 2018vs Q4 2017 | $177.0MM$153.1MM |
| Deposits | Q4 2018vs Q4 2017 | $252.3MM$237.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $19.9MM$19.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.3MM$981.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $2.7MM$1.8MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Henrico 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.
Henrico Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00% | $100 | - | IRA Savings | ||
| 0.25%* | $500* | - | Share/Savings | ||
| OTHER TIERS: 0.10% → $100 - $500 | |||||
| 0.25%* | $500* | - | Club Accounts | ||
| OTHER TIERS: 0.10% → $100 - $500 | |||||
Henrico Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $100k* | - | Invest Checking | ||
| OTHER TIERS: 0.25% → $2.5k - $10k | 0.50% → $10k - $25k | 0.75% → $25k - $100k | |||||
| 0.25%* | $5k* | - | Select Checking | ||
| OTHER TIERS: 0.10% → $1k - $5k | |||||
Henrico Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.50%* | $5k* | - | 36 Month CD | ||
| OTHER TIERS: 2.00% → $500 - $1k | 2.25% → $1k - $5k | |||||
| 2.25%* | $5k* | - | 24 Month CD | ||
| OTHER TIERS: 1.75% → $500 - $1k | 2.00% → $1k - $5k | |||||
| 2.00%* | $5k* | - | 12 Month CD | ||
| OTHER TIERS: 1.50% → $500 - $1k | 1.75% → $1k - $5k | |||||
| 1.50%* | $5k* | - | 6 Month CD | ||
| OTHER TIERS: 1.00% → $500 - $1k | 1.25% → $1k - $5k | |||||
| Henrico Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1201 N Laburnum Ave | Richmond, VA 23223 |
| Branch Office | 3820 Nine Mile Rd | Richmond, VA 23223 |
| Branch Office | 7101 Jefferson Davis Hwy | North Chesterfield, VA 23237-1521 |
| Branch Office | 10401 Woodman Rd | Glen Allen, VA 23060 |
| Branch Office | 8611 Dixon Powers Dr | Henrico, VA 23228 |
| Branch Office | 9401 W Broad St | Henrico, VA 23294 |
| Corporate Office | 9351 W Broad St | Henrico, VA 23294 |
| Branch Office | 6002 S Laburnum Ave | Henrico, VA 23231 |
| Branch Office | 4690 Pouncey Tract Rd | Glen Allen, VA 23059 |