Jackson River Community Credit Union
Jackson River Community Credit Union
Overview / Commentary
Jackson River Community Credit Union is headquartered in Covington and is the 53rd largest credit union in the state of Virginia. It is also the 1,832nd largest credit union in the nation. It was established in 1953 and as of December of 2016, it had grown to 15 employees and 6,009 members at 2 locations. Jackson River Community Credit Union has an A health rating.
Field of Membership Restrictions
Jackson River Community Credit Union of Virginia is open to the businesses, accredited institutions, residents, church members, registered students, and the people that maintain employment within the qualified counties of Alleghany and Bath, along withCovington City.
See current membership details
Health
A
Data as of Q4 2016
Learn why bank health mattersAdditional 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. Jackson River Community Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66967 |
| Year Chartered | 1953 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.15% |
| Return on Equity - YTD | 1.53% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2016vs Q4 2015 | $78.0MM$76.7MM |
| Loans | Q4 2016vs Q4 2015 | $19.4MM$18.6MM |
| Deposits | Q4 2016vs Q4 2015 | $67.7MM$66.3MM |
| Equity Capital | Q4 2016vs Q4 2015 | $7.7MM$8.1MM |
| Loan Loss Allowance | Q4 2016vs Q4 2015 | $107.00K$73.00K |
| Unbacked Noncurrent Loans | Q4 2016vs Q4 2015 | $146.00K$228.00K |
| Real Estate Owned | Q4 2016vs Q4 2015 | $0$10.00K |
Rates
Sorry, we do not have rate data for Jackson River Community Credit Union.
Locations
| Jackson River Community Credit Union Locations | ||
|---|---|---|
| Branch Office | Westvaco Road | Low Moor, VA 24457 |
| Branch Office | 347 N Court Ave | Covington, VA 24426 |