Credit Unions Near Me
National Credit Union Service Organization

SUMMIT HAMPTON ROADS FEDERAL CREDIT UNION

Dec, 31, 2023 — SUMMIT HAMPTON ROADS FEDERAL CREDIT UNION is a federal credit union headquartered in PORTSMOUTH, VA with 1 branch location and about $9.36 million in total assets. Opened 54 years ago in 1970, SUMMIT HAMPTON ROADS FEDERAL CREDIT UNION has about 1,289 members and employs 4 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: 251481478
Name:SUMMIT HAMPTON ROADS FEDERAL CREDIT UNION
Address:
(Main Office)
3636 High St
PORTSMOUTH, VA 23707
Phone:(757) 398-2384
Fax:(757) 398-2684
Website:https://www.shrfcu.com
Branches:1 branch locations
Members:1,289
Credit Union Type:Federal Credit Union
Charter Number:19973
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1970
Last Audited:Jul 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$9,358,150
CEO/Manager:Shwante Snead
Chairperson:Donna Davis

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 639,765
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 176,128
 Unsecured Loans 1,642,866
 Other Loans 3,220,314
 TOTAL LOANS 5,039,308
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -43,024
 Land And Building 0
 Other Fixed Assets 1,895
 NCUSIF Deposit 84,849
 All Other Assets 0
  TOTAL ASSETS 9,358,150
LIABILITIES & CAPITAL:  
 Dividends Payable 14
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 57,418
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,072,892
 Regular shares 4,353,557
 All Other Shares & Deposits 1,523,299
  TOTAL SHARES & DEPOSITS 7,949,748
  TOTAL LIABILITIES 8,007,180
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,350,970
  TOTAL EQUITY 1,350,970
  TOTAL LIABILITIES, SHARES, & EQUITY 9,358,150
INCOME & EXPENSE  
 Loan Income 255,848
 Investment Income 102,789
 Other Income 157,737
 Total Employee Compensation & Benefits 223,664
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 245,492
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 12,915
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,303
↑ Back to Top

Other Credit Unions

IBEW LOCAL UNION 80 FEDERAL CREDIT UNION
5307 E Virginia Beach Blvd
NORFOLK, VA 23502
PORT OF HAMPTON ROADS ILA FEDERAL CREDIT UNION
1355 International Terminal Blvd
NORFOLK, VA 23505
PORTSMOUTH SCHOOLS FEDERAL CREDIT UNION
455 DINWIDDIE STREET
PORTSMOUTH, VA 23704
ST. MATTHEWS FEDERAL CREDIT UNION
6477 COLLEGE PARK SQUARE SUITE 200
VIRGINIA BEACH, VA 23464-3611
HAMPTON VA FEDERAL CREDIT UNION
28 Averill Ave
HAMPTON, VA 23667
PRIME CARE INCORPORATED CREDIT UNION
600 Gresham Dr.
NORFOLK, VA 23507
PFD FIREFIGHTERS CREDIT UNION INC.
3209 Cedar Ln
PORTSMOUTH, VA 23703-4101
NORFOLK FIRE DEPARTMENT FEDERAL CREDIT UNION
4100 E Virginia Beach Blvd
NORFOLK, VA 23502-3331
VA BEACH POSTAL FEDERAL CREDIT UNION
501 Viking Dr # A
VIRGINIA BEACH, VA 23452-7306
NMA FEDERAL CREDIT UNION
4920 Haygood Rd
VIRGINIA BEACH, VA 23455