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AUGUSTA COUNTY FEDERAL CREDIT UNION

Sep, 30, 2025 — AUGUSTA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in VERONA, VA with 1 branch location and about $25.12 million in total assets. Opened 69 years ago in 1957, AUGUSTA COUNTY FEDERAL CREDIT UNION has about 2,394 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:AUGUSTA COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
18 GOVERNMENT CENTER LN
VERONA, VA 24482-2678
Phone:(540) 245-5706
Fax:
Website:https://www.augustacountyfcu.org
Branches:1 branch locations
Members:2,394
Credit Union Type:Federal Credit Union
Charter Number:11744
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1957
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$25,123,377
CEO/Manager:KAREN VAUGHT-GORDON
Chairperson:CHARLES C WYMER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,104,305
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,185,133
 Other Loans 8,772,684
 TOTAL LOANS 9,957,817
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -124,314
 Land And Building 0
 Other Fixed Assets 28,000
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 173,262
 All Other Assets 0
  TOTAL ASSETS 25,123,377
LIABILITIES & CAPITAL:  
 Dividends Payable 62,848
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 117,486
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,371,683
 Regular shares 12,213,122
 All Other Shares & Deposits 4,965,361
  TOTAL SHARES & DEPOSITS 18,550,167
  TOTAL LIABILITIES 18,730,501
 Regular Reserve 0
 Other Reserves 184,938
 Undivided Earnings 6,207,938
  TOTAL EQUITY 6,392,876
  TOTAL LIABILITIES, SHARES, & EQUITY 25,123,377
INCOME & EXPENSE  
 Loan Income 501,867
 Investment Income 457,452
 Other Income 25,921
 Total Employee Compensation & Benefits 224,820
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 185,918
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 205,965
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 438,989
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