Homebase Credit Union
Homebase Credit Union
Overview / Commentary
Homebase Credit Union is headquartered in Prince George and is the 33rd largest credit union in the state of Virginia. It is also the 1,074th largest credit union in the nation. It was established in 1952 and as of December of 2024, it had grown to 53 employees and 17,084 members at 3 locations. Homebase Credit Union has an A health rating.
Field of Membership Restrictions
Membership in HomeBase Credit Union is open to those who live, work, worship, or attend school in the Virginia counties of Amelia, Charles City, Chesterfield, Dinwiddie, Goochland, Hanover,, Henrico, King and Queen, King William, New Kent, Nottoway, Powhatan, Prince George, Sussex, or the Virginia cities of Colonial Heights, Hopewell, Petersburg, or Richmond.
See current membership details
Health
A
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7722 |
| Year Chartered | 1952 |
| Employees | 53 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.63% |
| Return on Equity - YTD | 7.38% |
| Annual Interest Income | $11.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $270.9MM$259.1MM |
| Loans | Q4 2024vs Q4 2023 | $149.9MM$145.8MM |
| Deposits | Q4 2024vs Q4 2023 | $246.6MM$239.2MM |
| Equity Capital | Q4 2024vs Q4 2023 | $23MM$18.7MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $1.7MM$1.5MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $790K$341K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |