Sep, 30, 2025 — PORT OF HAMPTON ROADS ILA FEDERAL CREDIT UNION is a federal credit union headquartered in NORFOLK, VA with 1 branch location and about $7.83 million in total assets. Opened 51 years ago in 1975, PORT OF HAMPTON ROADS ILA FEDERAL CREDIT UNION has about 1,514 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PORT OF HAMPTON ROADS ILA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1355 International Terminal Blvd NORFOLK, VA 23505 |
| Phone: | (757) 423-2185 |
| Fax: | (757) 423-2037 |
| Website: | https://www.ilafcu.org |
| Branches: | 1 branch locations |
| Members: | 1,514 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22049 |
|---|---|
| Membership Type: | Associational - Other than religious or fraternal, or 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Feb 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,830,689 |
| CEO/Manager: | Rhonda McCoy |
| Chairperson: | James White |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 999,787 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 858,065 |
| Other Loans | 2,220,947 |
| TOTAL LOANS | 3,079,012 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -34,415 |
| Land And Building | 0 |
| Other Fixed Assets | 11,949 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 68,985 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,830,689 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 12,287 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 581,306 |
| Regular shares | 6,348,511 |
| All Other Shares & Deposits | 310,080 |
| TOTAL SHARES & DEPOSITS | 7,239,897 |
| TOTAL LIABILITIES | 7,252,184 |
| Regular Reserve | 0 |
| Other Reserves | 310,923 |
| Undivided Earnings | 267,582 |
| TOTAL EQUITY | 578,505 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,830,689 |
| INCOME & EXPENSE | |
| Loan Income | 200,513 |
| Investment Income | 106,043 |
| Other Income | 71,925 |
| Total Employee Compensation & Benefits | 204,325 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 213,616 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 246 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -19,417 |
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