Overview / Commentary
Mosaic Federal Credit Union is headquartered in Harrisonburg and is the 77th largest credit union in the state of Virginia. It is also the 3,693rd largest credit union in the nation. It was established in 1986 and as of March of 2025, it had grown to 6 employees and 3,213 members at 1 location. Mosaic Federal Credit Union has a C health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Harrisonburg, Virginia and to employees of Virginia Poultry Growers Co-op, Pilgrim's Pride Corporation, May Supply, Bowman Apple Products, or Valley Custom Homes.
See current membership details
Health
C
Data as of Q1 2025
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. Mosaic Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24281 |
| Year Chartered | 1986 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.48% |
| Return on Equity - YTD | -6.1% |
| Annual Interest Income | $164K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $9.1MM$11.1MM |
| Loans | Q1 2025vs Q1 2024 | $7.2MM$7.8MM |
| Deposits | Q1 2025vs Q1 2024 | $8.4MM$10.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $716K$860K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $128K$74K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $93K$163K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |