Front Royal Federal Credit Union:

Front Royal Federal Credit Union was chartered in 1949 and its charter number is 6084. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Front Royal Federal Credit Union's address registered with the NCUA is P O BOX 1470, FRONT ROYAL, VA 22630. As of 10/31/06 Front Royal FCU reported $46,433,238 in assets. The credit union currenly has 7,364 members. It's Manager/CEO is Sharon Watson. The credit unions website is www.frontroyalfcu.org. Front Royal Federal Credit Union is a member of the Virginia Credit Union League.


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Front Royal Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $45,820,184.00
Total Loans: $17,292,196.00
Net Worth Ratio: 12.17
% Share Growth: 4.26
% Loan Growth: 4.41
Loans/Assets Ratio: 37.73
Loans/Assets Ratio: 56.64
Numbers of Members: 7,200
Number of Full-time Employees: 23
 
As of December 31, 2005
Total Assets: $47,048,084.00
Total Loans: $17,060,429.00
Net Worth Ratio: 12.44
% Share Growth: 2.32
% Loan Growth: -1.34
Loans/Assets Ratio: 36.26
Loans/Assets Ratio: 58.31
Numbers of Members: 7249
Number of Full-time Employees: 19.5
 
As of December 31, 2006
Total Assets: $44,581,809.00
Total Loans: $17,299,804.00
Net Worth Ratio: 14.36
% Share Growth: -7.34
% Loan Growth: 1.4
Loans/Assets Ratio: 38.8
Loans/Assets Ratio: 55.2
Numbers of Members: 7,403
Number of Full-time Employees: 23
 
 

 
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Credit Union News:

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Northwest Indiana Times - Feb 2, 2008
WINFIELD | The FBI and Lake County police are looking for a man who robbed Members Advantage Credit Union at gunpoint. FBI spokeswoman Wendy Osborne said agents and police are investigating whether the suspect is one of two men who robbed the same financial institution last month.

Full Story: http://www.thetimesonline.com/articles/2008/02/03/news/lake_county/docce2aed86522fce16862573e4000d12ab.txt

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BizJournals - Feb 17, 2008
Dean Katerndahl of the Mid-America Regional Council couldn't find a financing partner for a MARC-sponsored home remodeling program until he called CommunityAmerica Credit Union.

Full Story: http://www.bizjournals.com/kansascity/stories/2008/02/18/focus2.html?ana=from_rss

Trial targets alleged theft, cover-up at credit union
The Republican - Feb 8, 2008
SPRINGFIELD - The former top officer of an urban credit union siphoned $178,000 from members' accounts to cover negative balances in her and her husband's accounts, according to testimony in a federal embezzlement trial.

Full Story: http://www.masslive.com/news/republican/index.ssf?/base/news-2/1202462108136670.xml&coll=1


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