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NEXTMARK FEDERAL CREDIT UNION

Sep, 30, 2025 — NEXTMARK FEDERAL CREDIT UNION is a federal credit union headquartered in Fairfax, VA with 4 branch locations and about $505.74 million in total assets. Opened 68 years ago in 1958, NEXTMARK FEDERAL CREDIT UNION has about 16,848 members and employs 64 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 256078501
Name:NEXTMARK FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 1300
Fairfax, VA 22038
Phone:(703) 218-9900
Fax:(703) 591-0252
Website:https://www.nextmarkcu.org
Branches:4 branch locations
Members:16,848
Credit Union Type:Federal Credit Union
Charter Number:24658
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1958
Last Audited:Mar 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$505,735,252
CEO/Manager:Joseph D Thomas Jr.
Chairperson:Bobbie Deegan

Call Report

  • Payday Alternative Loans (PAL Loans)
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,680,549
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 362,401,027
 Unsecured Loans 8,137,217
 Other Loans 17,104,090
 TOTAL LOANS 387,642,334
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,521,634
 Land And Building 4,265,068
 Other Fixed Assets 312,644
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 3,616,441
 All Other Assets 0
  TOTAL ASSETS 505,735,252
LIABILITIES & CAPITAL:  
 Dividends Payable 1,627
 Notes & Interest Payable 62,382,103
 Accounts Payable & Other Liabilities 2,325,765
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 69,097,214
 Regular shares 121,232,966
 All Other Shares & Deposits 187,862,360
  TOTAL SHARES & DEPOSITS 378,192,540
  TOTAL LIABILITIES 442,902,035
 Regular Reserve 0
 Other Reserves -9,242,388
 Undivided Earnings 72,075,605
  TOTAL EQUITY 62,833,217
  TOTAL LIABILITIES, SHARES, & EQUITY 505,735,252
INCOME & EXPENSE  
 Loan Income 11,878,809
 Investment Income 1,198,869
 Other Income 731,660
 Total Employee Compensation & Benefits 5,609,600
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 4,259,460
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,614,770
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,172,815
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