Nova Credit Union is headquartered in Charlotte and is the 22nd largest credit union in the state of North Carolina. It is also the 1,652nd largest credit union in the nation. It was established in 1934 and as of June of 2023, it had grown to 42 employees and 11,484 members at 5 locations. Nova Credit Union has a B+ health rating.
Membership in Nova Credit Union is open to all North Carolina residents through membership in the North Carolina Consumers Council. Those who live, work, worship, or attend school within a 50-mile radius of Kannapolis, North Carolina are also eligible to join. All North Carolina USPS and Federal employees/retirees also qualify for membership, as do members of all three Post Customers Councils in North Carolina. Immediate family members of any membership-eligible individual are also eligible for membership.
See current membership details
|Return on Assets - YTD||0.06%|
|Return on Equity - YTD||0.46%|
|Annual Interest Income||$2.3MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$122.2MM$129.8MM|
|Loans||Q2 2023vs Q2 2022||$70.2MM$69.3MM|
|Deposits||Q2 2023vs Q2 2022||$104.7MM$110.9MM|
|Equity Capital||Q2 2023vs Q2 2022||$16.6MM$17.1MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$0$266.00K|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$508.00K$586.00K|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
Rates for Nova Credit Union are currently being reviewed.
|Nova Credit Union Locations|
|Branch Office||1022 11th Avenue Blvd SE||Hickory, NC 28602|
|Branch Office||4817 W Market St||Greensboro, NC 27407-1403|
|Branch Office||3601 Mulberry Church Rd||Charlotte, NC 28208|
|Branch Office||275 Branchview Dr SE||Concord, NC 28025|
|Branch Office||169 Dale Earnhardt Blvd||Kannapolis, NC 28081|