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Norfolk Fire Department

Norfolk, VA · Est. 1940
98/ 100
Trust Grade
Excellent
98 out of 100

Norfolk Fire Department is a credit union based in Norfolk, Virginia, established in 1940, with $27 million in total assets serving 1,995 members. By Trust Grade it ranks 1st of 95 credit unions we track in Virginia. Its net worth ratio of 19.8% is stronger than 77% of similarly sized credit unions, versus a Virginia median of 11.9%. It was profitable over the most recent period, with a 1.34% return on assets. No consumer complaints against Norfolk Fire Department appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$26.7M
<$100M institution
Members
1,995
Shares & deposits
Net worth ratio
19.8%
Top 23% of <$100M peers · Virginia median 11.9%
Return on assets
1.3%
Top 19% of <$100M peers · Virginia median 0.56%
Rank in Virginia
#1
of 95 credit unions

How Norfolk Fire Department compares to Virginia peers

Net worth ratio
Top 23% of <$100M peers
Norfolk Fire
19.8%
Virginia median
11.9%
Higher capital ratio = stronger financial cushion
Return on assets
Top 19% of <$100M peers
Norfolk Fire
1.3%
Virginia median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Norfolk Fire Department

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
98/100
  • Strongly capitalized (19.8% capital ratio)
  • Strongly profitable (ROA 1.34%)
  • No CFPB complaints on record

The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →

Consumer complaints (CFPB)

No CFPB complaints are on file for Norfolk Fire Department over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Norfolk Fire Department insured?

Yes. Norfolk Fire Department 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.

Norfolk Fire Department: frequently asked questions

Is Norfolk Fire Department a good credit union?

Norfolk Fire Department earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (19.8% capital ratio); Strongly profitable (ROA 1.34%).

Is Norfolk Fire Department NCUA-insured?

Yes. Norfolk Fire Department 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 Norfolk Fire Department?

Norfolk Fire Department holds $27 million in total assets, ranking 1st of 95 credit unions we track in Virginia. It serves 1,995 members.

Does Norfolk Fire Department have CFPB complaints?

No CFPB complaints against Norfolk Fire Department appear in our data over the analysis window, which is typical for a credit union of this size.

Similar Credit Unions

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Pfd Firefighters Credit Union Inc.
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Virginia United Methodist
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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.

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