Sep, 30, 2025 — SUNCOMP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BRISTOL, VA with 2 branch locations and about $3.50 million in total assets. Opened 50 years ago in 1976, SUNCOMP EMPLOYEES FEDERAL CREDIT UNION has about 235 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SUNCOMP EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 15559 Lee Hwy BRISTOL, VA 24202-3801 |
| Phone: | (276) 645-2427 |
| Fax: | (276) 645-7527 |
| Website: | https://suncompefcu.virtualcu.net |
| Branches: | 2 branch locations |
| Members: | 235 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22340 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,495,117 |
| CEO/Manager: | Lee A Davis |
| Chairperson: | ROBERT FIELDS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,562,919 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 173,438 |
| Other Loans | 1,003,674 |
| TOTAL LOANS | 1,177,112 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -38,517 |
| Land And Building | 0 |
| Other Fixed Assets | 2,584 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,906 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,495,117 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 12,864 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,223 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 237,903 |
| All Other Shares & Deposits | 339,048 |
| TOTAL SHARES & DEPOSITS | 576,951 |
| TOTAL LIABILITIES | 594,038 |
| Regular Reserve | 0 |
| Other Reserves | 121,281 |
| Undivided Earnings | 2,779,798 |
| TOTAL EQUITY | 2,901,079 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,495,117 |
| INCOME & EXPENSE | |
| Loan Income | 75,013 |
| Investment Income | 27,671 |
| Other Income | 2,881 |
| Total Employee Compensation & Benefits | 35,713 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 99,209 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,082 |
| Cost of Funds | 26,199 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -56,198 |
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