Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
2812 W Main St
Salem, VA 24153

Kemba Roanoke Credit Union is headquartered in SALEM and is the 62nd largest credit union in the state of Virginia. It is also the 2,080th largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 15 employees and 6,123 members. Kemba Roanoke Credit Union 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

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

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 capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Kemba Roanoke Credit Union had $174,000 in non-current loans and owned real-estate with $9.62 million in equity and loan loss allowances on hand to cover it. This gives Kemba Roanoke Credit Union a Texas Ratio of 1.81% 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 decreased slightly from 2.49% as of March 31, 2013 to 1.81% as of March 31, 2014, resulting in a positive change of 27.25%.This indicates that the balance sheet and financial strength for Kemba Roanoke Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Kemba Roanoke Credit Union has decreased its total deposits by -$1.41 million, resulting in -2.7% 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 below 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 $60.7 million in assets with $9.62 million in equity, resulting in a capitalization level of 15.84%, which is excellent.

Institution Statistics

NCUA #107
Year Chartered1935
Primary Regulator
Assets and Liabilities
Assets$60.70 million
Loans$18.14 million
Deposits$50.74 million
Equity Capital$9.47 million
Loan Loss Allowance$143,000
Unbacked Noncurrent Loans$174,000
Real Estate Owned$0
Historic Data - March 2013
Assets$61.99 million
Equity Capital$9.40 million
Loan Loss Allowance$206,000
Unbacked Noncurrent Loans$174,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.61%
Return on Assets0.15%
Return on Equity0.97%
Interest Income$464,000
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Kemba Roanoke Credit Union, we are a rate comparison website and can not provide official rates or promotions.

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

0.40%$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

1.00%$2k-5 Year IRA Certificate
0.80%$2k-4 Year IRA Certificate
0.65%$2k-3 Year IRA Certificate
0.55%$2k-2 Year IRA Certificate

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