NextMark Credit Union is headquartered in Fairfax and is the 21st largest credit union in the state of Virginia. It is also the 719th largest credit union in the nation. It was established in 1958 and as of December of 2024, it had grown to 56 employees and 16,208 members at 4 locations. NextMark Credit Union has a B+ health rating.
Field of Membership Restrictions
NextMark Credit Union is open to those who live, work, worship, attend school, or volunteer in the Virginia counties of Culpeper, Fairfax, Fauquier, Loudoun, Prince William, Spotsylvania, or Stafford, or the Virginia cities of Fairfax, Falls Church, Fredericksburg, Manassas, or Manassas Park.
See current membership details
Great Credit Union
We recently opened up a savings account and CD, and they were great. Within a few days we had everything opened up and funded. Questions prior to opening were all answered via chat. We are very happy with NextMark. We tried to open a CD/savings acct at another CU, and 25 days later that CU still has not opened the accounts, so we went to NextMark and in record time had our accounts opened. Employees have all been great.
Very Pleased
I recently applied for a joint unsecured loan that was not clear cut, but was recently approved. Margaret King was extremely helpful every step of the way. She worked diligently to help us get approved. She was easily contacted and even made numerous calls to us to assure us of the status and that everything was on track. Thank you so much, Ms King!
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24658 |
| Year Chartered | 1958 |
| Employees | 56 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 5.34% |
| Annual Interest Income | $29.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $515.7MM$532.3MM |
| Loans | Q4 2024vs Q4 2023 | $409.3MM$424.4MM |
| Deposits | Q4 2024vs Q4 2023 | $351MM$377.4MM |
| Equity Capital | Q4 2024vs Q4 2023 | $75.6MM$70.1MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $3.9MM$3.4MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $4.8MM$1.5MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |