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Overview / Commentary
1413 N MAIN ST
MARION, VA 24354-4315

Mountain Empire Federal Credit Union is headquartered in MARION and is the 87th largest credit union in the state of Virginia. It is also the 3,693rd largest credit union in the nation. It was established in 1952 and as of June of 2016, it had grown to 8 employees and 4,177 members at 1 location. Mountain Empire Federal Credit Union has a B health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Smythe, Wythe or Washington County.
See current membership details

Reviews (1)


My wife and I used this credit union..BRIEFLY!!!! They are horrid! Rude from the moment you walk in the door. Even after closing our account the sent us statements for over 10 years!!! Yes, you read that correctly. For 10 years they wasted YOUR money stamping envelopes every month to send a zero balance statement to former members. Talk about wasting money!

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Mountain Empire Federal Credit Union has a low asset base.

Health Grade Components

NCUA #8197
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD11.48%
Annual Interest Income$285.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$16.4MM$16.0MM
LoansQ2 2016vs Q2 2015$8.5MM$9.1MM
DepositsQ2 2016vs Q2 2015$14.8MM$14.6MM
Equity CapitalQ2 2016vs Q2 2015$1.4MM$1.2MM
Loan Loss AllowanceQ2 2016vs Q2 2015$92.00K$136.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$43.00K$101.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0

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Mountain Empire Federal Credit Union Locations
Branch Office1413 N MAIN STMARION, VA 24354-4315