VIRGINIA TRAILWAYS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — VIRGINIA TRAILWAYS FEDERAL CREDIT UNION is a federal credit union headquartered in Charlottesville, VA with 1 branch location and about $2.17 million in total assets. Opened 75 years ago in 1949, VIRGINIA TRAILWAYS FEDERAL CREDIT UNION has about 1,174 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.
Name: | VIRGINIA TRAILWAYS FEDERAL CREDIT UNION |
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Address: (Main Office) | 485 Hillsdale Dr 110B Charlottesville, VA 22901 |
Phone: | (434) 295-0181 |
Fax: | (434) 984-5269 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,174 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6242 |
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Membership Type: | Multiple common bond - Primarily transportation |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Sep 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,170,821 |
CEO/Manager: | Lynn M Kirby |
Chairperson: | Nancy K Dudley |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,137,565 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 124,851 |
Other Loans | 891,937 |
TOTAL LOANS | 1,016,788 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,278 |
Land And Building | 0 |
Other Fixed Assets | 6,084 |
NCUSIF Deposit | 20,662 |
All Other Assets | 0 |
TOTAL ASSETS | 2,170,821 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,296 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,831,137 |
All Other Shares & Deposits | 174,915 |
TOTAL SHARES & DEPOSITS | 2,006,052 |
TOTAL LIABILITIES | 2,007,348 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 163,473 |
TOTAL EQUITY | 163,473 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,170,821 |
INCOME & EXPENSE | |
Loan Income | 53,056 |
Investment Income | 2,521 |
Other Income | 4,118 |
Total Employee Compensation & Benefits | 70,312 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 24,699 |
Non-operating Income & (Expense) | 11,001 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 1,005 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -25,320 |
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