FARGO VA Credit Union Profile

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FARGO VA

Charter #288 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (701) 280-0870

Fax: (701) 235-0012

Founding Date: N/A

Website: http://www.fargovafcu.org

Personnel & Operations

President: Gross, Nanda

Manager: Thune, Jana

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 1

Hours: 8:00AM - 4:00PM MONDAY THROUGH FRIDAY

Credit Union Profile Summary

FARGO VA is a FCU Credit Union. With a total of 1,495 members [1], this institution manages approximately $13,320,063 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 12.57% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -7.02% [1].

Financial Snapshot

Total Assets [1]
$13,320,063

Total economic resources.

Total Loans [1]
$7,344,145

Total value of outstanding loans.

Total Deposits [1]
$11,621,379

Total funds deposited by members.

Members [1]
1,495

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.57%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.18%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
63.20%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-2.39%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-7.02%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-2.48%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2101 ELM ST N

FARGO, ND, 58102-2417

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by FARGO VA (Charter #288).

Main Office

Fargo VA Federal Credit Union Main Office

Type: Corporate Office

2101 Elm St N

Fargo, ND 58102-2417

Phone: (701) 280-0870

Services: Member Services

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