Truenergy
Truenergy is a credit union based in Springfield, Virginia, established in 1939, with $129 million in total assets serving 7,802 members. By Trust Grade it ranks 39th of 95 credit unions we track in Virginia. Its net worth ratio of 12.2% is stronger than 62% of similarly sized credit unions, versus a Virginia median of 11.9%. It was profitable over the most recent period, with a 0.32% return on assets. No consumer complaints against Truenergy appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Truenergy compares to Virginia peers
How we graded Truenergy
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.2% capital ratio)
- Profitable (ROA 0.32%)
- 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 Truenergy over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Truenergy insured?
Yes. Truenergy 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.
Truenergy: frequently asked questions
Is Truenergy a good credit union?
Truenergy earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (12.2% capital ratio); Profitable (ROA 0.32%).
Is Truenergy NCUA-insured?
Yes. Truenergy 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 Truenergy?
Truenergy holds $129 million in total assets, ranking 39th of 95 credit unions we track in Virginia. It serves 7,802 members.
Does Truenergy have CFPB complaints?
No CFPB complaints against Truenergy 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.
