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Overview / Commentary
910 Industrial St
Hopewell, VA 23860

Kraftsman Federal Credit Union is headquartered in Hopewell and is the 100th largest credit union in the state of Virginia. It is also the 4,503rd largest credit union in the nation. It was established in 1961 and as of March of 2018, it had grown to 569 members at 1 location. Kraftsman Federal Credit Union has a C+ health rating.


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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. Kraftsman Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #14185
Year Chartered1961
Primary Regulator
Profit Margin
Return on Assets - YTD0%
Return on Equity - YTD0%
Annual Interest Income$36.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$6.5MM$6.9MM
LoansQ1 2018vs Q1 2017$846.00K$797.00K
DepositsQ1 2018vs Q1 2017$5.2MM$5.5MM
Equity CapitalQ1 2018vs Q1 2017$1.3MM$1.3MM
Loan Loss AllowanceQ1 2018vs Q1 2017$11.00K$9.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$32.00K$34.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0

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Kraftsman Federal Credit Union Locations
Branch Office910 Industrial StHopewell, VA 23860

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