Sep, 30, 2025 — BRONCO FEDERAL CREDIT UNION is a federal credit union headquartered in FRANKLIN, VA with 2 branch locations and about $279.52 million in total assets. Opened 85 years ago in 1941, BRONCO FEDERAL CREDIT UNION has about 19,172 members and employs 55 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BRONCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 135 Stewart Dr FRANKLIN, VA 23851 |
| Phone: | (757) 569-6000 |
| Fax: | (757) 569-6010 |
| Website: | https://www.broncofcu.com |
| Branches: | 2 branch locations |
| Members: | 19,172 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4616 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $279,521,663 |
| CEO/Manager: | Mike Kenzie |
| Chairperson: | Bradford W Turner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,862,156 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 808,165 |
| Real Estate Loans | 72,326,659 |
| Unsecured Loans | 9,991,760 |
| Other Loans | 115,827,664 |
| TOTAL LOANS | 202,143,200 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,902,712 |
| Land And Building | 3,695,700 |
| Other Fixed Assets | 474,253 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,210,859 |
| All Other Assets | 259,587 |
| TOTAL ASSETS | 279,521,663 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 684,242 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 50,061,541 |
| Regular shares | 105,399,478 |
| All Other Shares & Deposits | 93,761,781 |
| TOTAL SHARES & DEPOSITS | 249,222,800 |
| TOTAL LIABILITIES | 249,907,042 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 29,614,621 |
| TOTAL EQUITY | 29,614,621 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 279,521,663 |
| INCOME & EXPENSE | |
| Loan Income | 8,653,138 |
| Investment Income | 2,450,421 |
| Other Income | 641,523 |
| Total Employee Compensation & Benefits | 3,693,838 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,453,136 |
| Non-operating Income & (Expense) | -59,763 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,392,953 |
| Cost of Funds | 2,049,655 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,782,173 |
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