VERMONT VA FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.vtvafcu.com for more information.
Dec, 31, 2023 — VERMONT VA FEDERAL CREDIT UNION is a federal credit union headquartered in White River Jun, VT with 3 branch locations and about $32.99 million in total assets. Opened 85 years ago in 1939, VERMONT VA FEDERAL CREDIT UNION has about 2,362 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | VERMONT VA FEDERAL CREDIT UNION |
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Address: (Main Office) | PO Box 917 White River Jun, VT 05001 |
Phone: | (802) 295-5104 |
Fax: | (802) 296-7308 |
Website: | https://www.vtvafcu.com |
Branches: | 3 branch locations |
Members: | 2,362 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 3036 |
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Membership Type: | Community - Rural District |
Corporate Credit Union: | No |
Year Opened: | 1939 |
Last Audited: | Mar 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $32,986,662 |
CEO/Manager: | Thomas W Crapo |
Chairperson: | Gladys A Berry |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,516,400 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,388,926 |
Unsecured Loans | 1,829,820 |
Other Loans | 6,005,192 |
TOTAL LOANS | 12,223,938 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -30,232 |
Land And Building | 654,177 |
Other Fixed Assets | 53,294 |
NCUSIF Deposit | 294,273 |
All Other Assets | 0 |
TOTAL ASSETS | 32,986,662 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 66,400 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,307,569 |
Regular shares | 11,695,640 |
All Other Shares & Deposits | 12,428,683 |
TOTAL SHARES & DEPOSITS | 30,431,892 |
TOTAL LIABILITIES | 30,498,292 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,488,370 |
TOTAL EQUITY | 2,488,370 |
TOTAL LIABILITIES, SHARES, & EQUITY | 32,986,662 |
INCOME & EXPENSE | |
Loan Income | 456,569 |
Investment Income | 91,079 |
Other Income | 114,377 |
Total Employee Compensation & Benefits | 283,379 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 350,227 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,066 |
Cost of Funds | 28,947 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 23,553 |
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