Sep, 30, 2025 — TRUENERGY FEDERAL CREDIT UNION is a federal credit union headquartered in SPRINGFIELD, VA with 1 branch location and about $124.11 million in total assets. Opened 87 years ago in 1939, TRUENERGY FEDERAL CREDIT UNION has about 7,915 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRUENERGY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 6801 Industrial Rd SPRINGFIELD, VA 22151 |
| Phone: | (703) 750-4394 |
| Fax: | (703) 750-7626 |
| Website: | https://www.truenergyfcu.org |
| Branches: | 1 branch locations |
| Members: | 7,915 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3323 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $124,109,669 |
| CEO/Manager: | Scott A Benson |
| Chairperson: | Nell A Shelley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,142,626 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 48,644,357 |
| Unsecured Loans | 16,024,786 |
| Other Loans | 13,475,115 |
| TOTAL LOANS | 92,349,408 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,098,719 |
| Land And Building | 375,437 |
| Other Fixed Assets | 252,350 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,019,760 |
| All Other Assets | 0 |
| TOTAL ASSETS | 124,109,669 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 481,520 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 24,510,526 |
| Regular shares | 34,575,050 |
| All Other Shares & Deposits | 48,958,610 |
| TOTAL SHARES & DEPOSITS | 108,044,186 |
| TOTAL LIABILITIES | 108,525,706 |
| Regular Reserve | 0 |
| Other Reserves | 92,844 |
| Undivided Earnings | 15,491,119 |
| TOTAL EQUITY | 15,583,963 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 124,109,669 |
| INCOME & EXPENSE | |
| Loan Income | 3,728,479 |
| Investment Income | 921,401 |
| Other Income | 642,618 |
| Total Employee Compensation & Benefits | 1,739,085 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,949,532 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 585,000 |
| Cost of Funds | 1,120,479 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 181,290 |
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