Kraftsman
Kraftsman is a credit union based in Hopewell, Virginia, established in 1961, with $5 million in total assets serving 455 members. By Trust Grade it ranks 21st of 95 credit unions we track in Virginia. Its net worth ratio of 28.3% is stronger than 93% of similarly sized credit unions, versus a Virginia median of 11.9%. It was profitable over the most recent period, with a 0.79% return on assets. No consumer complaints against Kraftsman appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Kraftsman compares to Virginia peers
How we graded Kraftsman
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (28.3% capital ratio)
- Profitable (ROA 0.79%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Kraftsman over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Kraftsman insured?
Yes. Kraftsman is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Kraftsman: frequently asked questions
Is Kraftsman a good credit union?
Kraftsman earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (28.3% capital ratio); Profitable (ROA 0.79%).
Is Kraftsman NCUA-insured?
Yes. Kraftsman is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Kraftsman?
Kraftsman holds $5 million in total assets, ranking 21st of 95 credit unions we track in Virginia. It serves 455 members.
Does Kraftsman have CFPB complaints?
No CFPB complaints against Kraftsman appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
