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P.O. Box 1411
Modesto, CA 95353

Valley First Credit Union is headquartered in Modesto and is the 68th largest credit union in the state of California. It is also the 433rd largest credit union in the nation. It was established in 1956 and as of December of 2013, it had grown to 133 employees and 62,494 members. Valley First Credit Union's savings rates are 44% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Live, regularly work, regularly worship, or attend school in Calaveras, Fresno, Kings, Madera, Mariposa, Merced, San Joaquin, Stanislaus, Tulare or Tuolumne County. Also open to employees of several select employer groups. - See Details

Reviews (3)

Auto Loan From Valley First Credit Union

Valley First has not released our bank records in relation to our auto loan. They have referred us to the lawyer to get these records as well a copy of the contract but have not received either after several requests. During the length of the loan we had some lapses in insurance, for which VFCU charged us an additional charge. They still charged us that same additional charge even on the months when we did show them proof of insurance. Several VFCU employees at those time assured that all those additional charges would come off the back end of the loan. After 7 years on a 5-year loan they said that we still owed them over $4000. We pulled whatever money we had left in our account and they charged us again for money they said we still owed them, our account became overdrawn and we were reported to chexsystems and cannot open any accounts anywhere at this time (even at our current bank).

No matter who we have spoken to we cannot get anyone to give us copies of our account information or the contract. If there was a way to rate them zero stars we would.

Great Credit Union

Moved all my accounts from BofA to Valley First, BofA wasn't happy, but hey...I am very happy with this credit union. Fast service, decent CD rates and local.

Love The Service!

The people at Valley First CU make this a great place to bank. The rates on their products are lower than most others in my area. I do most of my banking online, and I like that there isn't a lot of advertising cluttering it up. I can get in and get my business done without navigating around ads.


Data for Q4 2013

Institution Health


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 Valley First Credit Union had $2.71 million in non-current loans and owned real-estate with $49.8 million in equity and loan loss allowances on hand to cover it. This gives Valley First Credit Union a Texas Ratio of 5.44% 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 Valley First Credit Union experienced no significant changes from 3.96% as of December 31, 2012 to 5.44% as of December 31, 2013, resulting in a negative change of 37.36%. This indicates that the balance sheet and financial strength for Valley First Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Valley First Credit Union has increased its total deposits by $29.01 million, resulting in 6.91% 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 Valley First Credit Union has shown is excellent.



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. Valley First Credit Union has $502.65 million in assets with $49.8 million in equity, resulting in a capitalization level of 9.91%, which is above average.

Institution Statistics

NCUA #68402
Year Chartered1956
Primary Regulator
Assets and Liabilities
Assets$502.65 million
Loans$231.00 million
Deposits$448.56 million
Equity Capital$46.62 million
Loan Loss Allowance$3.18 million
Unbacked Noncurrent Loans$2.71 million
Real Estate Owned$0
Historic Data - December 2012
Assets$475.33 million
Equity Capital$50.21 million
Loan Loss Allowance$5.80 million
Unbacked Noncurrent Loans$2.71 million
Real Estate Owned$66,000
Profit Margin - Quarterly
Net Interest Margin6.07%
Return on Assets0.6%
Return on Equity6.48%
Interest Income$17.17 million

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

Valley First Credit Union Savings Account Rates

0.75%-$20kKasasa Saver
0.20%$75k-Regular Shares
0.15%--Regular IRA Account
0.05%-$24Starter Savings Shares
0.05%-$24Adventure Savers Shares
0.05%-$24Frequency Shares
0.05%$25-Starter Savings
0.05%$25-Adventure Savers
0.05%--Holiday Club
0.05%--Kasasa Saver

Valley First Credit Union Money Market Rates

0.30%$100k-Money Market Account

Valley First Credit Union Checking Account Rates

1.50%-$10kKasasa Cash
0.05%$1k-Premium Checking Account
0.05%--Kasasa Cash

Valley First Credit Union CD Rates

0.83%$10k-60 Month Premium CD
0.68%$10k-48 Month Premium CD
0.60%$1k-36 Month CD
0.50%$10k-36 Month Premium CD
0.40%$1k-24 Month CD
0.40%$10k-24 Month Premium CD
0.35%$10k-18 Month Premium CD
0.30%$1k-18 Month CD
0.25%$10k-12 Month Premium CD
0.20%$1k-12 Month CD
0.10%$10k-9 Month Premium CD
0.07%$10k-6 Month Premium CD
0.07%$500-3 Month Frequency Ceertificate
0.05%$1k-9 Month CD
0.02%$1k-6 Month CD
0.02%$500-3 Month Starter Certificate
0.02%$500-3 Month Adventure Savers Certificate

Valley First Credit Union IRA Rates

0.93%$10k-60 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.78%$10k-48 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.70%$1k-36 Month IRA (Traditional,Roth,CESA,SEP)
0.60%$10k-36 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.50%$1k-24 Month IRA (Traditional,Roth,CESA,SEP)
0.50%$10k-24 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.45%$10k-18 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.40%$1k-18 Month IRA (Traditional,Roth,CESA,SEP)
0.35%$10k-12 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.30%$1k-12 Month IRA (Traditional,Roth,CESA,SEP)
0.20%$10k-9 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.17%$10k-6 Month Premium IRA (Traditional,Roth,CESA,SEP)
0.15%$1k-9 Month IRA (Traditional,Roth,CESA,SEP)
0.12%$1k-6 Month IRA (Traditional,Roth,CESA,SEP)

Valley First Credit Union has 15 locations. Click to view all Valley First Credit Union locations.