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Overview / Commentary
828 Providence Rd
Chesapeake, VA 23325

Ibew Local Union 80 Federal Credit Union is headquartered in Chesapeake and is the 129th largest credit union in the state of Virginia. It is also the 5,496th largest credit union in the nation. It was established in 1970 and as of March of 2017, it had grown to 1 employees and 655 members at 1 location. Ibew Local Union 80 Federal Credit Union has a C+ health rating.

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Health
C+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Ibew Local Union 80 Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #20004
Year Chartered1970
Employees1
Primary Regulator
Profit Margin
Return on Assets - YTD0%
Return on Equity - YTD0%
Annual Interest Income$11.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$1.2MM$1.3MM
LoansQ1 2017vs Q1 2016$318.00K$333.00K
DepositsQ1 2017vs Q1 2016$1.1MM$1.1MM
Equity CapitalQ1 2017vs Q1 2016$121.00K$113.00K
Loan Loss AllowanceQ1 2017vs Q1 2016$5.00K$13.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$0$22.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates

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Locations


Ibew Local Union 80 Federal Credit Union Locations
Branch Office828 Providence RdChesapeake, VA 23325-4012