Featured Savings Rates
Featured Accounts
Overview / Commentary
540-344-4419
1970 Roanoke Blvd Bldg 77, Rm 12
Salem, VA 24153

Salem VA Credit Union (VA) is headquartered in Salem and is the 50th largest credit union in the state of Virginia. It is also the 1,769th largest credit union in the nation. It was established in 1936 and as of December of 2017, it had grown to 26 employees and 10,500 members at 3 locations. Salem VA Credit Union (VA) has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school, volunteer or worship in the county of Roanoke, the cities of Salem and Roanoke and the town of Vinton, Virginia.
See current membership details

Reviews

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



Health
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. Salem VA Credit Union (VA) has a relatively low asset base.

Health Grade Components

Overall
NCUA #1127
Year Chartered1936
Employees26
Primary Regulator
Profit Margin
Return on Assets - YTD0.09%
Return on Equity - YTD1.36%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$83.7MM$82.6MM
LoansQ4 2017vs Q4 2016$52.3MM$52.7MM
DepositsQ4 2017vs Q4 2016$74.6MM$73.9MM
Equity CapitalQ4 2017vs Q4 2016$5.6MM$5.5MM
Loan Loss AllowanceQ4 2017vs Q4 2016$517.00K$535.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$844.00K$1.1MM
Real Estate OwnedQ4 2017vs Q4 2016$66.00K$0
Rates

Sorry, we do not have rate data for Salem VA Credit Union (VA).

Locations


Salem VA Credit Union (VA) Locations
Branch Office1970 Roanoke Blvd Bldg 77, Rm 12Salem, VA 24153
Branch Office2042 Electric RdRoanoke, VA 24018
Branch Office112 W Main StSalem, VA 24153

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 feedback@depositaccounts.com 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.