SALEM VA MEDICAL CENTER
Salem, VA · Federal Credit Union · Chartered in VA
Who can join
Employer / occupational group
Members
7,764
Net Worth Ratio
12.55%
min. 7% = Well Capitalized
Credit unions are exempt from CRA. The Community Reinvestment Act applies only to FDIC-insured banks and thrifts. Credit unions are regulated by NCUA and evaluated under a separate safety and soundness framework.
At a Glance
Total Assets
$95.6M
Peer Group 4
Members
7,764
as of latest quarter
Net Worth Ratio
12.55%
Well Capitalized
Institution Profile
NCUAWebsite
Phone
Address
Chartered
Branch Locations
Membership Eligibility
Financial Snapshot
Total Assets
$95.6M
Total Shares
$80.6M
Total Loans
$56.5M
Net Income
$161K
Net Worth Ratio
12.55%
≥7% = Well Capitalized
Members
7,764
Return on Assets
0.17%
annualized · >0.5% healthy
Delinquency Rate (60d+)
0.16%
$91K
Loan-to-share ratio: 70.1%· healthy range 60–80%
Branch Locations
NCUASalem Branch
112 W Main St, Salem, VA, 24153
Branch: Mon-Fri 8:00 am to 5:00 pm Drive Thru: Mon-Thur 8:00 am - 5:00 pm Friday 8:00 am - 6:00 pm
VA Branch
1970 Roanoke Blvd, Salem, VA, 24153
8:00 am to 5:00 pm, Mon-Fri
419 Branch
2042 Electric Rd, Roanoke, VA, 24018
8:00 am--5:00 pm, Mon-Fri
Mortgage Lending (HMDA)
Credit unions that originate mortgages report Home Mortgage Disclosure Act (HMDA) data to the CFPB. This data covers application volumes, approvals, denials, and borrower demographics.
Consumer Complaints
No CFPB complaint data available for this credit union.
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<a href="https://bankscorer.com/credit-union/salem-va-medical-center" target="_blank" rel="noopener">View SALEM VA MEDICAL CENTER on Bank Scorer</a>Data sourced from NCUA 5300 Call Report and branch data. Updated quarterly.