Ibew Local Union 80
Ibew Local Union 80 is a credit union based in Norfolk, Virginia, established in 1970, with $2 million in total assets serving 788 members. By Trust Grade it ranks 10th of 95 credit unions we track in Virginia. Its net worth ratio of 13.5% trails most similarly sized credit unions (44th percentile), versus a Virginia median of 11.9%. It was profitable over the most recent period, with a 1.95% return on assets. No consumer complaints against Ibew Local Union 80 appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Ibew Local Union 80 compares to Virginia peers
How we graded Ibew Local Union 80
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.5% capital ratio)
- Strongly profitable (ROA 1.95%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Ibew Local Union 80 over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Ibew Local Union 80 insured?
Yes. Ibew Local Union 80 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.
Ibew Local Union 80: frequently asked questions
Is Ibew Local Union 80 a good credit union?
Ibew Local Union 80 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 (13.5% capital ratio); Strongly profitable (ROA 1.95%).
Is Ibew Local Union 80 NCUA-insured?
Yes. Ibew Local Union 80 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 Ibew Local Union 80?
Ibew Local Union 80 holds $2 million in total assets, ranking 10th of 95 credit unions we track in Virginia. It serves 788 members.
Does Ibew Local Union 80 have CFPB complaints?
No CFPB complaints against Ibew Local Union 80 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.
