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Overview / Commentary
2812 W Main St
Salem, VA 24153

Kemba Roanoke Credit Union is headquartered in SALEM and is the 60th largest credit union in the state of Virginia. It is also the 2,049th largest credit union in the nation. It was established in 1935 and as of December of 2013, it had grown to 15 employees and 6,186 members. Kemba Roanoke Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must be an employee, retiree or volunteer of one of the Select Employee Groups or Organizations. - See Details

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Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Kemba Roanoke Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Kemba Roanoke Credit Union had $278,000 in non-current loans and owned real-estate with $9.61 million in equity and loan loss allowances on hand to cover it. This gives Kemba Roanoke Credit Union a Texas Ratio of 2.89% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Kemba Roanoke Credit Union experienced no significant changes from 2.40% as of December 31, 2012 to 2.89% as of December 31, 2013, resulting in a negative change of 20.55%. This indicates that the balance sheet and financial strength for Kemba Roanoke Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Kemba Roanoke Credit Union has increased its total deposits by $723,000, resulting in 1.45% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Kemba Roanoke Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Kemba Roanoke Credit Union has $60.62 million in assets with $9.61 million in equity, resulting in a capitalization level of 15.86%, which is excellent.

Institution Statistics

NCUA #107
Year Chartered1935
Primary Regulator
Assets and Liabilities
Assets$60.62 million
Loans$18.62 million
Deposits$50.64 million
Equity Capital$9.45 million
Loan Loss Allowance$162,000
Unbacked Noncurrent Loans$278,000
Real Estate Owned$0
Historic Data - December 2012
Assets$59.75 million
Equity Capital$9.38 million
Loan Loss Allowance$246,000
Unbacked Noncurrent Loans$278,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.6%
Return on Assets0.11%
Return on Equity0.72%
Interest Income$2.04 million
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Kemba Roanoke Credit Union Savings Account Rates

0.05%--Savings Account
0.05%--Christmas Club
0.05%--Vacation Club

Kemba Roanoke Credit Union Money Market Rates

0.50%$50k-Money Market Account

Kemba Roanoke Credit Union CD Rates

0.90%$500-5 Year Share Certificate
0.70%$500-4 Year Share Certificate
0.65%$500-3 Year Share Certificate
0.55%$500-1 Year Share Certificate
0.55%$500-2 Year Share Certificate
0.35%$500-6 Month Share Certificate

Kemba Roanoke Credit Union IRA Rates

1.10%$2k-5 Year IRA Certificate
0.90%$2k-4 Year IRA Certificate
0.65%$2k-2 Year IRA Certificate
0.65%$2k-3 Year IRA Certificate

Kemba Roanoke Credit Union Locations
Branch Office3403 CANDLERS MOUNTAIN RDLYNCHBURG, VA 24502-2221
Branch Office2812 W MAIN STSALEM, VA 24153