credit union

Halifax County Community

Q: Is Halifax County Community a good credit union?

Halifax County Community earns a Bankzia Trust Grade of F (52/100, "Weak"), based on a financial-strength score of 52/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (6.5%); Unprofitable over the period (ROA -1.49%).

Q: Is Halifax County Community NCUA-insured?

Yes. Halifax County Community is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

Q: How big is Halifax County Community?

Halifax County Community holds $7 million in total assets, ranking 94th of 95 credit unions we track in Virginia. It serves 1,611 members.

Q: Does Halifax County Community have CFPB complaints?

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

South Boston, VA · Est. 1981

Trust Grade

Weak

Score: 52/100

Halifax County Community is a credit union based in South Boston, Virginia, established in 1981, with $7 million in total assets serving 1,611 members. By Trust Grade it ranks 94th of 95 credit unions we track in Virginia. Its net worth ratio of 6.5% trails most similarly sized credit unions (1th percentile), versus a Virginia median of 11.9%. It posted a loss over the most recent period (-1.49% return on assets), a point to watch. No consumer complaints against Halifax County Community appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets

$7.2M

<$100M institution

Members

1,611

Shares & deposits

—

Net worth ratio

6.5%

Bottom 1% of <$100M peers · Virginia median 11.9%

Return on assets

-1.5%

Bottom 6% of <$100M peers · Virginia median 0.56%

Rank in Virginia

#94

of 95 credit unions

How Halifax County Community compares to Virginia peers

Net worth ratio

Bottom 1% of <$100M peers

Halifax County

6.5%

Virginia median

11.9%

Higher capital ratio = stronger financial cushion

Return on assets

Bottom 6% of <$100M peers

Halifax County

-1.5%

Virginia median

0.6%

Higher ROA = more profitable relative to asset base

How we graded Halifax County Community

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

Financial strength

52/100

Customer experience

n/a

Overall

F · 52

Below the well-capitalized threshold (6.5%)
Unprofitable over the period (ROA -1.49%)
No CFPB complaints on record

Consumer complaints (CFPB)

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

Are deposits at Halifax County Community insured?

Yes. Halifax County Community 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.