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
Contact & Details
NCUAWebsite
Phone
Address
Branch Locations
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.
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
| Year | Applications | Originated | Denials | Orig. Rate | Denial Rate |
|---|---|---|---|---|---|
| 2023 | 2 | 2 | 0 | 100.0% | 0.0% |
No CFPB complaint data available for this credit union.
Salem 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
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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.
Loan-to-share ratio: 70.1%· healthy range 60–80%