Business Banking & Commercial Services
At Augusta County, we understand that every business has unique needs and aspirations. Whether you're a small startup or an established company, access to the right financial support can make all the difference. Our commercial lending programs are designed to help you grow, adapt, and succeed in today's competitive market. Imagine being able to expand your operations or invest in new technology our loans can turn those dreams into reality. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses. Additionally, our merchant services simplify payment processing so you can focus on what matters most running your business. From point-of-sale systems to online payment solutions, we provide tools that enhance customer experience and streamline your operations. Located at 18 Government Center Ln Verona Va 24482 in Verona, VA, we invite you to discover how Augusta County Federal Credit Union can be a partner in your business journey. Reach out today at (540) 245-5706!
Financial Strength
At Augusta County, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to sound financial practices ensures that you can trust us with your savings, loans, and future financial needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $5,818,418, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 23.80% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $4,605,486 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $5,633,480 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Furthermore, our lending capacity is robust: we support your financial goals with $383 in used auto loans and $10,035,677 in total loans and leases. Our operational efficiency is evident as shown by our $118,360, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 4 full-time employees and 1 part-time employees. This dedicated team is always ready to serve you with knowledge and care. Net Shares available for lending and investments stand at $0 while our total share accounts have reached an impressive 3,811, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Augusta County is your trusted partner. Visit us at 18 Government Center Ln Verona Va 24482 or call (540) 245-5706 to learn more about how we can help you achieve your financial goals.
