Norfolk Municipal Employees Federal Credit Union

Norfolk Municipal Employees Federal Credit Union was chartered in 1957 and its charter number is 11951. 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. Norfolk Municipal Employees Federal Credit Union's address registered with the NCUA is 810 UNION STREET SUITE 176, NORFOLK, VA 23510. As of 10/27/06 Norfolk Municipal Employees FCU reported $21,424,056 in assets. The credit union currently has 4,154 members. It's Manager/CEO is Edward Van Daniker. The credit unions website is nmefcu@norfolkcu.org. Norfolk Municipal Employees Federal Credit Union is a member of the Virginia Credit Union League.

 
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Norfolk Municipal Employees Federal Credit Union Financial Evaluation
2004
Total Assets: $22,276,407.00
Total Loans: $9,616,718.00
Net Worth Ratio: 12.47
% Share Growth: 0.08
% Loan Growth: 25.03
Loans/Assets Ratio: 43.16
Loans/Assets Ratio: 53.66
Numbers of Members: 5,240
Number of Full-time Employees: 10
 
2005
Total Assets: $21,813,981.00
Total Loans: $9,560,698.00
Net Worth Ratio: 13.61
% Share Growth: -3.67
% Loan Growth: -0.58
Loans/Assets Ratio: 43.82
Loans/Assets Ratio: 54.4
Numbers of Members: 4485
Number of Full-time Employees: 8
 
2006
Total Assets: $21,635,900.00
Total Loans: $9,812,588.00
Net Worth Ratio: 13.73
% Share Growth: -1.32
% Loan Growth: 2.63
Loans/Assets Ratio: 45.35
Loans/Assets Ratio: 52.45
Numbers of Members: 4,127
Number of Full-time Employees: 8
 
 

May 24, 2012

 
 
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