Mountain Empire Federal Credit Union

Overview / Commentary
1413 N MAIN ST
MARION, VA 24354

Mountain Empire Federal Credit Union is headquartered in MARION and is the 74th largest credit union in the state of Virginia. It is also the 3,343rd largest credit union in the nation. It was established in 1952 and as of June of 2021, it had grown to 9 employees and 3,990 members at 1 location. Mountain Empire Federal Credit Union has a B health rating.

Field of Membership Restrictions

Mountain Empire Federal Credit Union is open to organizations and anyone who lives, works, worships or goes to school in Washington, Wythe, or Smyth 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 - YTD0.74%
Return on Equity - YTD8.76%
Annual Interest Income$304.00K
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$22.4MM$20.4MM
LoansQ2 2021vs Q2 2020$10.5MM$10.1MM
DepositsQ2 2021vs Q2 2020$20.3MM$18.3MM
Equity CapitalQ2 2021vs Q2 2020$1.9MM$1.8MM
Loan Loss AllowanceQ2 2021vs Q2 2020$40.00K$49.00K
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$5.00K$9.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Skip to rates for:
Report an Issue

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

Mountain Empire Federal Credit Union Savings Account Rates

0.15%--IRA Shares
0.10%$5-Regular Savings
0.10%--Christmas Club Account
0.10%--Vacation Club Account
0.10%--Special Clubs

Mountain Empire Federal Credit Union CD Rates

0.50%$1k-24 Month CD
0.40%$1k-12 Month CD

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.