Featured Savings Rates
Featured Accounts

RVA Financial

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.87%5-year CD60 Month Share Certificate
1.00%1-year CD12 Month Share Certificate
0.15%SavingsPrimary Shares

Overview / Commentary
804-359-8754
1700 Robin Hood Rd
Richmond, VA 23220

RVA Financial is headquartered in Richmond and is the 63rd largest credit union in the state of Virginia. It is also the 2,074th largest credit union in the nation. It was established in 1950 and as of June of 2017, it had grown to 35 employees and 13,264 members at 3 locations. RVA Financial's CD rates are 11% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, and worship in the city of Richmond, Virginia and the surrounding counties of Goochland, Chesterfield, Hanover, and Henrico. (Membership requirements are listed in the online application)
See current membership details

Related Posts

View all posts from:


Reviews (2)

Poor Review

Posted by: rwyatt | May 30, 2015

I've resided in Richmond since returning back in 2000, and joined this Credit Union (formerly VaCap) due to ex-wife's involvement. Since then I've had nothing but raving reviews until the last 6 months. After moving to Southside Richmond, I maintained an account and a branch were opened to accommodate Southside residents. This was great! Except within the last couple months, this branch closed with no apparent explanation and now Southside residents are left to drive across town for any banking transactions. To make matters worse, Branch hours are only Monday-Friday (9a-5p,) when most adults are working. So in order to accommodate the working class (99%) most people are now forced to take off work just to make any transactions.
It appears that this Credit Union is geared towards keeping members out of the institution (forcing online transactions) when most people prefer face-to-face communications, or have transactions requiring walk-in. I’ve carried around business checks for two weeks simply because the hours are not accommodating, and I cannot afford to take off “just to” make a banking transaction.
This is poor service and doesn’t reflect a business looking out for its members. I’ve been a member for about fifteen years, and as soon as I switch over my direct deposit transactions, I will be closing this account. I want a bank more geared towards its members needs, after all, that’s why you’re in business.

Very Disappointed......

I had to roll over an old car loan into my new car purchase spoke with loan officer and was told what amount I could get and we discussed everything of what would be included. Unfortunately, that never happened and now I have two car payments.....don't trust the professional!!!!!

Wouldn't recommend them ever there so small they of a FCU they should work with you....



Health
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. RVA Financial has a relatively low asset base.

Health Grade Components

Overall
NCUA #6878
Year Chartered1950
Employees35
Primary Regulator
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD5.63%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$64.0MM$64.1MM
LoansQ2 2017vs Q2 2016$41.5MM$46.2MM
DepositsQ2 2017vs Q2 2016$58.8MM$58.6MM
Equity CapitalQ2 2017vs Q2 2016$4.6MM$5.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$937.00K$585.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$397.00K$1.1MM
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not RVA Financial; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

RVA Financial Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$1,500*-Primary Shares
OTHER TIERS: 0.10% $500 - $1,500
0.15%*$10k*-IRA Share Savings
OTHER TIERS: 0.10% $500 - $10k
0.05%$200-Holiday Club

RVA Financial Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$50k*-Super Money Market
OTHER TIERS: 0.10% $10k - $25k | 0.15% $25k - $50k
0.05%$1,500-Money Market

RVA Financial Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%-$1kRVA Premier Checking Account

RVA Financial CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.87%$1k-60 Month Share Certificate
1.76%$1k-48 Month Share Certificate
1.51%$1k-36 Month Share Certificate
1.26%$1k-24 Month Share Certificate
1.00%$1k-12 Month Share Certificate
0.60%$1k-6 Month Share Certificate
0.10%$1k-3 Month Share Certificate

RVA Financial IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.87%$1k-60 Month IRA Share Certificate
1.76%$1k-48 Month IRA Share Certificate
1.51%$1k-36 Month IRA Share Certificate
1.26%$1k-24 Month IRA Share Certificate
1.00%$1k-12 Month IRA Share Certificate
0.60%$1k-6 Month IRA Share Certificate
0.10%$1k-3 Month IRA Share Certificate
Locations


RVA Financial Locations
Branch Office1700 Robin Hood RdRichmond, VA 23220
Branch OfficeCity Hall 900 E Broad StRichmond, VA 23219-1907
Branch Office801 Branchway RdNorth Chesterfield, VA 23236-3903