Sep, 30, 2025 — VIRGINIA STATE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH CHESTERFIELD, VA with 2 branch locations and about $13.12 million in total assets. Opened 87 years ago in 1939, VIRGINIA STATE UNIVERSITY FEDERAL CREDIT UNION has about 1,906 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: | VIRGINIA STATE UNIVERSITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3401 Boisseau St SOUTH CHESTERFIELD, VA 23803-2021 |
| Phone: | (804) 526-6708 |
| Fax: | (804) 526-0834 |
| Website: | https://www.vsufcu.org |
| Branches: | 2 branch locations |
| Members: | 1,906 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3029 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Mar 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $13,117,573 |
| CEO/Manager: | Katrina M Hayes-Peerman |
| Chairperson: | Regina Barnett Tyler |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,121,516 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,938 |
| Unsecured Loans | 1,830,066 |
| Other Loans | 6,234,246 |
| TOTAL LOANS | 8,093,250 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -93,651 |
| Land And Building | 131,986 |
| Other Fixed Assets | 6,908 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 110,576 |
| All Other Assets | 13,000 |
| TOTAL ASSETS | 13,117,573 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,294 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 73,953 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,818,756 |
| Regular shares | 7,724,089 |
| All Other Shares & Deposits | 374,413 |
| TOTAL SHARES & DEPOSITS | 11,917,258 |
| TOTAL LIABILITIES | 11,992,505 |
| Regular Reserve | 0 |
| Other Reserves | 646,248 |
| Undivided Earnings | 478,820 |
| TOTAL EQUITY | 1,125,068 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 13,117,573 |
| INCOME & EXPENSE | |
| Loan Income | 436,761 |
| Investment Income | 144,505 |
| Other Income | 134,528 |
| Total Employee Compensation & Benefits | 226,864 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 348,380 |
| Non-operating Income & (Expense) | 4,120 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 61,740 |
| Cost of Funds | 3,941 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 97,508 |
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