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 1,941st largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 18 employees and 8,686 members at 1 location. St. Thomas Federal Credit Union 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 Q1 2025
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 | -1.78% |
| Return on Equity - YTD | -8.36% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $88.5MM$84.8MM |
| Loans | Q1 2025vs Q1 2024 | $38.4MM$36.5MM |
| Deposits | Q1 2025vs Q1 2024 | $69.6MM$67.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $18.7MM$17.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $635K$527K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $139K$74K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |