Partners Financial Federal Credit Union
LOCATIONS
4
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HEALTH RATING
B
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CURRENT TOP RATE
2.25% APY
5 Year Share Certificate
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Overview / Commentary
Partners Financial Federal Credit Union is headquartered in Glen Allen and is the 53rd largest credit union in the state of Virginia. It is also the 1,886th largest credit union in the nation. It was established in 1958 and as of September of 2019, it had grown to 21 employees and 8,675 members at 4 locations. Partners Financial Federal Credit Union's CD rates are 94% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Partners Financial Credit Union is open to those who live, work, worship, attend school, or volunteer in the Virginia counties of Chesterfield, Hanover, or Henrico, or in the City of Richmond. Immediate family and household members of current members also qualify.
See current membership details
Related Posts
Health
B
Data as of Q3 2019
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. Partners Financial Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12456 |
| Year Chartered | 1958 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 6.63% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $76.3MM$76.6MM |
| Loans | Q3 2019vs Q3 2018 | $61.3MM$58.6MM |
| Deposits | Q3 2019vs Q3 2018 | $68.2MM$70.4MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.5MM$5.9MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $282.00K$296.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $190.00K$311.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |