Institution Profile
Address: 1675 Virginia Ave Harrisonburg, VA 22802
(540) 434-6444
Website:
NCUA Profile:
Charter Date:
1/1/1969
Charter Type:
Federal
Branches:
6
Branches by Region
VA 6
Financial Overview
Total Assets
$404.73M
Total Deposits
$336.64M
Total Loans
$308.06M
Members
14,384
Employees
87 84 Full-time / 3 Part-time
Allowance for Loan Losses
$1.22M
Performance Ratios
Net Worth Ratio
9.89%
Loan-to-Deposit Ratio
91.51%
Coverage Ratio
0.40% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +89.09% Total Deposits: +78.93% Total Loans: +76.69% since 2020 Q1
Member Growth
Member Growth
Members: +27.48% since 2020 Q1
Employee Growth
Employee Growth
Employees: +19.18% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
2,160
Amount This Year (YTD)
$108.89M
Number of Loans per Quarter
Loans Granted: -76.14% since 2020 Q1
Loan Amount per Quarter
Amount Granted: +2.82% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
1st Mortgages
$161.99M 52.6%
HELOCs
$44.48M 14.4%
CRE: Owner-Occupied
$22.44M 7.3%
Used Vehicle
$18.87M 6.1%
CRE: Non-Owner-Occupied
$16.94M 5.5%
CRE: Multifamily
$8.54M 2.8%
Commercial & Industrial
$7.97M 2.6%
CRE: Farmland
$6.17M 2.0%
Other Unsecured
$5.05M 1.6%
New Vehicle
$4.97M 1.6%
Student Loans
$4.51M 1.5%
Other Secured
$2.47M 0.8%
CRE: Construction
$1.30M 0.4%
Commercial Unsecured
$1.13M 0.4%
Other Real Estate
$1.06M 0.3%
Unaccounted
$164,155 0.1%
Portfolio Distribution
SBA 7(a) Loan Originations
Quarterly SBA origination activity and guaranteed exposure
SBA 7(a) Originations vs Cancellations per Quarter
SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 14,384 | $404.73M | $336.64M | $308.06M | 87 |
| 2025 Q3 | 14,221 | $389.61M | $324.23M | $306.16M | 84 |
| 2025 Q2 | 14,089 | $396.92M | $332.42M | $301.11M | 86 |
| 2025 Q1 | 13,930 | $399.45M | $332.23M | $301.65M | 87 |
| 2024 Q4 | 13,748 | $385.76M | $319.00M | $307.79M | 85 |
| 2024 Q3 | 13,619 | $379.12M | $311.09M | $314.71M | 87 |
| 2024 Q2 | 13,489 | $374.94M | $306.79M | $318.98M | 88 |
| 2024 Q1 | 13,361 | $366.91M | $298.98M | $317.45M | 89 |
| 2023 Q4 | 13,237 | $372.10M | $301.28M | $318.81M | 87 |
| 2023 Q3 | 13,105 | $366.06M | $300.00M | $317.27M | 87 |
| 2023 Q2 | 12,903 | $360.52M | $294.68M | $307.73M | 84 |
| 2023 Q1 | 12,748 | $349.84M | $297.89M | $298.73M | 85 |
| 2022 Q4 | 12,691 | $343.00M | $295.19M | $287.71M | 82 |
| 2022 Q3 | 12,500 | $326.41M | $287.94M | $273.99M | 83 |
| 2022 Q2 | 12,333 | $314.56M | $281.59M | $261.03M | 84 |
| 2022 Q1 | 12,218 | $312.67M | $279.64M | $252.86M | 85 |
| 2021 Q4 | 12,109 | $307.84M | $275.01M | $245.61M | 83 |
| 2021 Q3 | 11,987 | $296.59M | $267.71M | $232.59M | 82 |
| 2021 Q2 | 11,856 | $287.27M | $258.40M | $217.22M | 79 |
| 2021 Q1 | 11,726 | $291.30M | $262.37M | $204.97M | 79 |
| 2020 Q4 | 11,604 | $267.66M | $240.62M | $194.00M | 77 |
| 2020 Q3 | 11,492 | $255.35M | $228.92M | $191.27M | 68 |
| 2020 Q2 | 11,395 | $240.53M | $214.41M | $187.54M | 72 |
| 2020 Q1 | 11,283 | $214.03M | $188.14M | $174.35M | 73 |
Interest Rates
Current average rates by loan type
New Vehicle
4.74%
Used Vehicle
7.04%
1st Mortgage (Fixed)
6.00%
HELOC
6.50%
Other Unsecured
12.00%