Summit Hampton Roads
Summit Hampton Roads is a credit union based in Norfolk, Virginia, established in 1970, with $8 million in total assets serving 1,111 members. By Trust Grade it ranks 86th of 95 credit unions we track in Virginia. Its net worth ratio of 14.2% is stronger than 50% of similarly sized credit unions, versus a Virginia median of 11.9%. It posted a loss over the most recent period (-2.51% return on assets), a point to watch. No consumer complaints against Summit Hampton Roads appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Summit Hampton Roads compares to Virginia peers
How we graded Summit Hampton Roads
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.2% capital ratio)
- Unprofitable over the period (ROA -2.51%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Summit Hampton Roads over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Summit Hampton Roads insured?
Yes. Summit Hampton Roads 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.
Summit Hampton Roads: frequently asked questions
Is Summit Hampton Roads a good credit union?
Summit Hampton Roads earns a Bankzia Trust Grade of C (73/100, "Average"), based on a financial-strength score of 73/100 (it has no CFPB complaints on record). Strongly capitalized (14.2% capital ratio); Unprofitable over the period (ROA -2.51%).
Is Summit Hampton Roads NCUA-insured?
Yes. Summit Hampton Roads 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 Summit Hampton Roads?
Summit Hampton Roads holds $8 million in total assets, ranking 86th of 95 credit unions we track in Virginia. It serves 1,111 members.
Does Summit Hampton Roads have CFPB complaints?
No CFPB complaints against Summit Hampton Roads 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.
