1. Banks
  2. Henrico Federal Credit Union

Henrico Federal Credit Union


Overview / Commentary
henricofcu.org
804-266-0290
9401 W Broad St
Henrico, VA 23294

Henrico Federal Credit Union is headquartered in Henrico and is the 27th largest credit union in the state of Virginia. It is also the 800th largest credit union in the nation. It was established in 1967 and as of December of 2020, it had grown to 78 employees and 31,764 members at 10 locations. Henrico Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Henrico Federal Credit Union is open to those who live, work, worship, or go to school in the counties of Amelia, Caroline, Charles City, Chesterfield, Cumberland, Dinwiddie, Goochland, Hanover, Henrico, 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

Reviews (1)

Great local credit union

Posted by: |

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!

2


Health
B+

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #18175
Year Chartered1967
Employees78
Primary Regulator
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD8.36%
Annual Interest Income$10.2MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$367.5MM$298.6MM
LoansQ4 2020vs Q4 2019$186.2MM$193.6MM
DepositsQ4 2020vs Q4 2019$341.3MM$274.9MM
Equity CapitalQ4 2020vs Q4 2019$25.0MM$22.3MM
Loan Loss AllowanceQ4 2020vs Q4 2019$1.3MM$1.5MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.0MM$2.6MM
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates
Skip to rates for:
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$100-IRA Savings
0.20%*$500*-Share/Savings
OTHER TIERS: 0.05% → $100 - $500
0.20%*$500*-Vacations Club
OTHER TIERS: 0.05% → $100 - $500
0.20%*$500*-Holidays Club
OTHER TIERS: 0.05% → $100 - $500
0.20%*$500*-Special Events Club
OTHER TIERS: 0.05% → $100 - $500
0.20%*$500*-School Expenses Club
OTHER TIERS: 0.05% → $100 - $500

Henrico Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$100k*-Invest Checking
OTHER TIERS: 0.20% → $2.5k - $10k | 0.25% → $10k - $25k | 0.40% → $25k - $100k
0.20%*$5k*-Select Checking
OTHER TIERS: 0.05% → $1k - $5k

Henrico Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
6.00%$100$1k12 Month Youth CD
0.70%*$5k*-36 Month CD
OTHER TIERS: 0.20% → $500 - $1k | 0.45% → $1k - $5k
0.60%*$5k*-24 Month CD
OTHER TIERS: 0.10% → $500 - $1k | 0.35% → $1k - $5k
0.55%*$5k*-12 Month CD
OTHER TIERS: 0.05% → $500 - $1k | 0.30% → $1k - $5k
0.35%*$5k*-6 Month CD
OTHER TIERS: 0.00% → $500 - $1k | 0.10% → $1k - $5k
Locations


Cities: Glen Allen, Henrico, North Chesterfield, Richmond

Glen Allen Branches
Branch Office10401 Woodman RdGlen Allen, VA 23060
Branch Office4690 Pouncey Tract RdGlen Allen, VA 23059

Henrico Branches
Branch Office8611 Dixon Powers DrHenrico, VA 23228
Branch Office9401 W Broad StHenrico, VA 23294
Corporate Office9351 W Broad StHenrico, VA 23294
Branch Office6002 S Laburnum AveHenrico, VA 23231

North Chesterfield Branches
Branch Office7101 Jefferson Davis HwyNorth Chesterfield, VA 23237-1521

Richmond Branches
Branch Office1201 N Laburnum AveRichmond, VA 23223
Branch Office3820 Nine Mile RdRichmond, VA 23223
Branch OfficeBellwood Credit Union at DSCR 8000 Jefferson Davis Hwy, Building 19Richmond, VA 23297

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.