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KRAFTSMAN

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KRAFTSMAN Rates & Review May 2026

Q: How many branches does KRAFTSMAN operate?

KRAFTSMAN currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join KRAFTSMAN?

Yes, to access services at KRAFTSMAN, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, KRAFTSMAN does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, KRAFTSMAN provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: May 28, 2026

You can compare KRAFTSMAN rates to other rates in our database, including 12-month share certificate rates currently at 3.70%, 6-month share certificate rates at 0.12% and 3-month share certificate rates at 0.05%. Savings rates are at 0.45% and money market rates are at 0.03%. Mortgage rates on 30-year fixed loans are around 5.66%. All these rates can be compared to KRAFTSMAN rates. MonitorBankRates evaluates the financial stability of KRAFTSMAN with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.95%. Rates were last updated on 05/28/2026.

KRAFTSMAN money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at KRAFTSMAN? Share your experience about KRAFTSMAN by leaving a review below, or read customer reviews before you decide to use KRAFTSMAN.

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.95%

Excellent Lower than avg

KRAFTSMAN
Kraftsman Federal Credit Union

910 Industrial St
Hopewell, VA 23860

Current Rate Availability

We do not have KRAFTSMAN rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for KRAFTSMAN is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather KRAFTSMAN rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with KRAFTSMAN's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name KRAFTSMAN

Website

Address 910 Industrial St, Hopewell, VA 23860

Phone 804-452-3129

Fax

President Paul Hamby

CEO Norma Jean Schleck

Full-Time Employees 0

Part-Time Employees 2

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

1.95%

Return on Assets (ROA)

0.7603%

Return on Equity (ROE)

2.8333%

Non-Performing Loans Ratio (NPL)

1.73%

Total Assets

5,002,644

Total Amount of Shares and Deposits

3,652,800

Total Shares and Deposits < 1 Year

3,652,800

Total Insured Shares and Deposits > $250K (item 17 less item K)

3,652,800

Total Interest Expense (Sum of items 6 8)

16,235

IRA KEOGH Accounts

Number of Accounts for Regular Shares

461

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

146,728

Total Liabilities

3,659,449

Source: NCUA — Last Updated 09/30/2025

Customer Reviews

There are no reviews for KRAFTSMAN yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About KRAFTSMAN

How many branches does KRAFTSMAN operate?

KRAFTSMAN currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join KRAFTSMAN?

Yes, to access services at KRAFTSMAN, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, KRAFTSMAN does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, KRAFTSMAN provides members with tools to manage their accounts and build a solid financial history.

Does KRAFTSMAN offer online and mobile banking?

Most modern institutions like KRAFTSMAN provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online.