Sep, 30, 2025 — VIRGINIA COOP CREDIT UNION is a federally insured state chartered credit union headquartered in VIRGINIA, MN with 1 branch location and about $43.36 million in total assets. Opened 89 years ago in 1937, VIRGINIA COOP CREDIT UNION has about 2,814 members and employs 9 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 COOP CREDIT UNION |
|---|---|
| Address: (Main Office) | 811 4th St N VIRGINIA, MN 55792 |
| Phone: | (218) 741-5644 |
| Fax: | (218) 749-4359 |
| Website: | https://www.vccu.org |
| Branches: | 1 branch locations |
| Members: | 2,814 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63965 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,360,682 |
| CEO/Manager: | Donald Rausch |
| Chairperson: | Robert A Henderson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,129,945 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,257,254 |
| Unsecured Loans | 1,334,859 |
| Other Loans | 11,007,240 |
| TOTAL LOANS | 23,599,352 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -105,208 |
| Land And Building | 970,612 |
| Other Fixed Assets | 94,714 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 356,934 |
| All Other Assets | 15,000 |
| TOTAL ASSETS | 43,360,682 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 134 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 42,076 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,187,068 |
| Regular shares | 25,426,748 |
| All Other Shares & Deposits | 163,558 |
| TOTAL SHARES & DEPOSITS | 38,777,373 |
| TOTAL LIABILITIES | 38,819,583 |
| Regular Reserve | 0 |
| Other Reserves | 393,250 |
| Undivided Earnings | 4,147,849 |
| TOTAL EQUITY | 4,541,099 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,360,682 |
| INCOME & EXPENSE | |
| Loan Income | 1,118,041 |
| Investment Income | 372,107 |
| Other Income | 62,962 |
| Total Employee Compensation & Benefits | 463,899 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 689,638 |
| Non-operating Income & (Expense) | 1,458 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 56,023 |
| Cost of Funds | 38,192 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 492,532 |
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