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VIRGINIA STATE UNIVERSITY FEDERAL CREDIT UNION

Mar, 31, 2022 — VIRGINIA STATE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH CHESTERFIELD, VA with 0 branch location and about $12.33 million in total assets. Opened 83 years ago in 1939, VIRGINIA STATE UNIVERSITY FEDERAL CREDIT UNION has about 1,929 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.


ABA Routing Number: 251481915
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:http://www.vsufcu.org
Branches:0 branch locations
Members:1,929
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,328,694
CEO/Manager:Katrina M Hayes-Peerman
Chairperson:Debera S Bonner

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 563,429
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 49,503
 Unsecured Loans 1,746,984
 Other Loans 4,077,375
 TOTAL LOANS 5,928,204
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -51,856
 Land And Building 197,575
 Other Fixed Assets 20,406
 NCUSIF Deposit 98,390
 All Other Assets 0
  TOTAL ASSETS 12,328,694
LIABILITIES & CAPITAL:  
 Dividends Payable 1,391
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 114,094
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,432,813
 Regular shares 7,340,325
 All Other Shares & Deposits 492,539
  TOTAL SHARES & DEPOSITS 11,265,677
  TOTAL LIABILITIES 11,381,162
 Regular Reserve 0
 Other Reserves 480,796
 Undivided Earnings 466,736
  TOTAL EQUITY 947,532
  TOTAL LIABILITIES, SHARES, & EQUITY 12,328,694
INCOME & EXPENSE  
 Loan Income 110,663
 Investment Income 7,641
 Other Income 46,232
 Total Employee Compensation & Benefits 61,952
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 98,931
 Non-operating Income & (Expense) 100
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,326
 Cost of Funds 1,392
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,445
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