Ibew Local Union 80 Federal Credit Union Chesapeake, Virginia
Ibew Local Union 80 Federal Credit Union is a federal credit union headquartered in Chesapeake, VA, established in 1970 (NCUA charter 20004), and it is regulated and insured by the NCUA. At Q2 2026 it reported 791 members and total assets of $1.8M (up 1.4% from Q2 2025), the 89th largest of 94 credit unions headquartered in Virginia. Its net worth ratio was 13.32% at Q2 2026, in the well capitalized band.
Also written as Ibew Local Union 80 FCU
BankRegReports is independent of Ibew Local Union 80 Federal Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 20004
- Headquarters
- Chesapeake, VA
- Established
- 1970
- Total assets, Q2 2026
- $1.8M
- Assets vs Q2 2025
- +1.4%
- Members, Q2 2026
- 791
- Net worth ratio, Q2 2026
- 13.32%
- Latest call report
- Q2 2026, NCUA 5300 · Ibew Local Union 80 Federal Credit Union call report
- Asset rank in state
- 89th of 94 in Virginia
- Routing number
- 251481559
- Branches
- 1
It has 52 more members than on June 30, 2025 (+7.0%). Its net worth ratio was up 1.35 percentage points from 11.97% on June 30, 2025. Used vehicle loans are its largest loan category, $302K of $370K in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.57% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 13.32% net worth ratio is below that band's 14.31% median.
Credit unions similar in size in Virginia
Frequently asked about Ibew Local Union 80 Federal Credit Union
How big is Ibew Local Union 80 Federal Credit Union?
At Q2 2026 it reported total assets of $1.8M and 791 members.
Where is Ibew Local Union 80 Federal Credit Union headquartered?
It is headquartered in Chesapeake, VA, United States.
When was Ibew Local Union 80 Federal Credit Union founded?
It was established in 1970, per NCUA records.
Is Ibew Local Union 80 Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 20004): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Ibew Local Union 80 Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Ibew Local Union 80 Federal Credit Union well capitalized?
Its net worth ratio was 13.32% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Ibew Local Union 80 Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.57% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Ibew Local Union 80 Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 23.90% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Chesapeake, VA 23325
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1970
- NCUA Charter #
- 20004
- RSSD ID
- 392983
- Members
- 791
- Potential members
- 1,500
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 13.32% | 14.31% | 42nd below |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.61% | 0.72% | 45th below |
| Return on equity Middle half of peers: 1.04% to 8.69% | 4.57% | 4.74% | 49th below |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.65% | 3.93% | 39th below |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 83.32% | 79.83% | 43rd below |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.06% | 0.78% | over 90th top |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.57% | 0.86% | 64th above |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 3.70% | 4.70% | 10th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 23.90% | 58.92% | under 10th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.8M total assets against $1.8M; $1.6M total shares and deposits against $1.6M; $370K total loans against $395K.
$238K net worth against $211K.
13.32% net worth ratio against 11.97%.
23.90% loan-to-share ratio against 25.45%.
0.57% delinquency ratio against 1.19%.
0.61% return on assets against 3.09%; 4.57% return on equity against 25.79%.
3.65% net interest margin against 4.71%.
791 members against 739.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 13.32% | 0.61% | 0.57% | 23.90% |
| March 31, 2026 | 13.46% | 1.95% | 0.71% | 25.01% |
| December 31, 2025 | 12.93% | 1.74% | — | 26.23% |
| September 30, 2025 | 12.52% | 1.89% | 0.52% | 24.67% |
| June 30, 2025 | 11.97% | 3.09% | 1.19% | 25.45% |
| March 31, 2025 | 11.75% | 1.50% | — | 24.39% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.