Overview / Commentary
St. Thomas Federal Credit Union is headquartered in Charlotte Amalie and is the largest credit union in the state of VI. It is also the 1,995th largest credit union in the nation. It was established in 1952 and as of December of 2019, it had grown to 18 employees and 7,486 members at 1 location. St. Thomas Federal Credit Union's savings rates are 44% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
St. Thomas Federal Credit Union is open to employees of the Government of the Virgin Islands Executive Branch and its Semi-Autonomous Agencies, employees of Federal Agencies in the Virgin Islands, and employees of other select area organizations.
See current membership details
Health
A
Data as of Q4 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. St. Thomas Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7970 |
| Year Chartered | 1952 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 5.41% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $69.1MM$65.1MM |
| Loans | Q4 2019vs Q4 2018 | $30.2MM$29.1MM |
| Deposits | Q4 2019vs Q4 2018 | $51.6MM$49.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $17.4MM$15.8MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $665.00K$580.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $252.00K$684.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |