Sep, 30, 2025 — HENRICO FEDERAL CREDIT UNION is a federal credit union headquartered in HENRICO, VA with 8 branch locations and about $476.78 million in total assets. Opened 59 years ago in 1967, HENRICO FEDERAL CREDIT UNION has about 31,472 members and employs 87 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HENRICO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 9401 W Broad St HENRICO, VA 23294 |
| Phone: | (804) 266-0290 |
| Fax: | (804) 545-7822 |
| Website: | https://www.henricofcu.org |
| Branches: | 8 branch locations |
| Members: | 31,472 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18175 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $476,778,167 |
| CEO/Manager: | Christopher L Williams |
| Chairperson: | Henry D Rosenbaum |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 32,978,981 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 105,120,051 |
| Unsecured Loans | 17,843,602 |
| Other Loans | 174,836,814 |
| TOTAL LOANS | 297,800,467 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,990,488 |
| Land And Building | 6,704,014 |
| Other Fixed Assets | 659,954 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,807,582 |
| All Other Assets | 0 |
| TOTAL ASSETS | 476,778,167 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 85,125 |
| Accounts Payable & Other Liabilities | 2,772,272 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 5,000,000 |
| Share Drafts | 136,633,926 |
| Regular shares | 163,701,968 |
| All Other Shares & Deposits | 127,917,051 |
| TOTAL SHARES & DEPOSITS | 428,252,944 |
| TOTAL LIABILITIES | 436,122,821 |
| Regular Reserve | 0 |
| Other Reserves | 1,374,395 |
| Undivided Earnings | 39,280,951 |
| TOTAL EQUITY | 40,655,346 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 476,778,167 |
| INCOME & EXPENSE | |
| Loan Income | 12,296,865 |
| Investment Income | 4,289,308 |
| Other Income | 2,408,224 |
| Total Employee Compensation & Benefits | 5,261,617 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,878,943 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,337,171 |
| Cost of Funds | 5,841,369 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,710,978 |
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