URW Community Federal Credit Union
Overview / Commentary
URW Community Federal Credit Union is headquartered in Danville and is the 36th largest credit union in the state of Virginia. It is also the 1,194th largest credit union in the nation. It was established in 1970 and as of December of 2024, it had grown to 58 employees and 35,210 members at 11 locations. URW Community Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in URW Community Federal Credit Union is open to those who live, work, worship, attend school, or volunteer in Virginia counties of Halifax, Henry or Pittsylvania, or Caswell County, North Carolina, or the Virginia cities of Danville or Martinsville. Immediate family of current URWCFU members also qualify for membership.
See current membership details
Health
A
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 19867 |
| Year Chartered | 1970 |
| Employees | 58 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 7.84% |
| Annual Interest Income | $17.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $225MM$226.7MM |
| Loans | Q4 2024vs Q4 2023 | $186.1MM$190.8MM |
| Deposits | Q4 2024vs Q4 2023 | $192MM$191.8MM |
| Equity Capital | Q4 2024vs Q4 2023 | $31MM$31.2MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $3.7MM$2.3MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $3.6MM$4.4MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
