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Overview / Commentary
202 4th St NE Bldg C
Roanoke, VA 24016

Member One Federal Credit Union is headquartered in Roanoke and is the 12th largest credit union in the state of Virginia. It is also the 315th largest credit union in the nation. It was established in 1940 and as of December of 2017, it had grown to 235 employees and 110,721 members at 13 locations. Member One Federal Credit Union's money market rates are 70% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Member One Federal Credit Union is open to those who live, work, worship or attend school in Franklin or Montgomery Counties or in Altavista, Radford, or Vinton, Virginia. Membership is also open to those who live, work, attend school or worship in select areas of Amherst, Bedford, Botetourt, Campbell, Forest, Lynchburg, Roanoke, or Salem, Viriginia or select areas of Pittsylvania County.
See current membership details

Related Posts

11-Month CD,1.55% APY - 12/19/2017

Member One raised the rate on the 11-month CD, 1.55% APY. Requires $5,000 minimum deposit.

Member One FCU (VA) Raises 14-Month CD Rate - 8/26/2017

Member One FCU (VA) has raised the rate on its "Make Your Own Luck" 14-month Share Certificate (1.60% APY). The minimum opening deposit is $25k.

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Reviews (2)

I love my Credit Union

Posted by: Susan | Sep 13, 2014

I would never leave my credit union. The main objective of my credit union, like all others, is to support its customers rather than its stock holders. Credit Unions are smaller and more personal than a large bank. When I enter my Credit Union I know the employees by name and they know who I am as well. I have never been made to feel like a number when I call; instead I am treated as if I am the most important person that has contacted them all day. My credit union has given me the best rates when I bought a car, and was first in line to offer me an outstanding rate on my home improvement loan. I have one of the largest banks and despite the benefit of lowered rates on their services for being an employee as well as the country wide availability of ATMs and branches, they still couldn't meet the level of service or competitive rates offered by my local credit union.

Long Time Customer, Always Happy With Service

My wife and I have had a checking and savings account with MemberOne FCU for over a decade. They've never charged unreasonable fees and there are enough locations in our area that convenience is not a problem. The staff is always efficient whether you're visiting inside, going through the drive-thru, or banking online. Their online services allow you to keep track of your spending without keeping a written account. It also allows you to move money between accounts or pay your bills. Currently my paycheck is direct deposited into my MemberOne account. I also have a visa check/debit card from MemberOne so I rarely ever have to carry cash. If I need to check my balance I can do so over the phone or through my mobile browser in just a few minutes. Overall, I'm completely satisfied with MemberOne Credit Union.


Health Grade Components

NCUA #4035
Year Chartered1940
Primary Regulator
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD9.91%
Annual Interest Income$35.0MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$930.6MM$826.7MM
LoansQ4 2017vs Q4 2016$782.9MM$677.3MM
DepositsQ4 2017vs Q4 2016$825.0MM$743.7MM
Equity CapitalQ4 2017vs Q4 2016$85.0MM$76.4MM
Loan Loss AllowanceQ4 2017vs Q4 2016$9.1MM$8.2MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$3.8MM$5.9MM
Real Estate OwnedQ4 2017vs Q4 2016$430.00K$288.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

11-Month CD,1.55% APY

Carpline   |  
Member One raised the rate on the 11-month CD, 1.55% APY. Requires $5,000 minimum deposit.

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Always verify rates and promotions with the bank or credit union. We are not Member One Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Member One Federal Credit Union Savings Account Rates

0.60%*-$500Super Squirrels Savings Account
OTHER TIERS: 0.20% $2k+ | 0.40% $500 - $2k
0.60%*-$500Generation One Savings Account
OTHER TIERS: 0.20% $2k+ | 0.40% $500 - $2k
0.30%$50-Variable Educational(Coverdell) IRA
0.30%$50-Variable IRA Account
0.30%$50-IRA Builder Account
0.10%$250-Primary Membership Account
0.10%$100-Other Savings Account
0.10%$100-Vacation Club
0.10%$100-Christmas Club
0.10%$100-Teacher's Club

Member One Federal Credit Union Money Market Rates

0.75%*$100k*-Choice Money Market
OTHER TIERS: 0.25% $2k - $10k | 0.30% $10k - $25k | 0.45% $25k - $50k | 0.55% $50k - $100k

Member One Federal Credit Union Checking Account Rates

0.05%$50k-One Choice Checking Account

Member One Federal Credit Union CD Rates

2.10%$1k-60 Month CD
2.06%$100k-48-Month CD
1.66%$100k-36-Month CD
1.60%$25k-14-Month CD
1.55%$5k-11-Month CD
1.15%$100k-21-Month CD
1.15%$100k-24-Month CD
0.95%$100k-6-Month CD
0.95%$100k-9-Month CD
0.95%$100k-12-Month CD
0.95%$100k-15-Month CD
0.95%$100k-18-Month CD
0.20%$1k-12-Month CD No Penalty

Member One Federal Credit Union IRA Rates

2.75%$1k-7 Year IRA
2.50%$1k-5 Year IRA
2.25%$1k-4 Year IRA
2.00%$1k-3 Year IRA
1.80%$1k-2 Year IRA
1.50%$1k-1 Year IRA