Overview / Commentary
Valex Federal Credit Union is headquartered in Alexandria and is the 55th largest credit union in the state of Louisiana. It is also the 2,539th largest credit union in the nation. It was established in 1949 and as of March of 2025, it had grown to 10 employees and 2,961 members at 2 locations. Valex Federal Credit Union has a C health rating.
Field of Membership Restrictions
Must be an employee of or volunteer with the Veterans Affairs Medical Center of Alexandria, Louisiana,, or employees of Jennings Clinic, Lake Charles Clinic, Natchitoches Clinc, or Lafayette Clinic or be an employee or member of The Penetecostals of Alexandria.
See current membership details
Health
C
Data as of Q1 2025
Learn why bank health mattersAdditional 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. Valex Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 6116 |
| Year Chartered | 1949 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.05% |
| Return on Equity - YTD | 0.77% |
| Annual Interest Income | $565K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $44.3MM$43.6MM |
| Loans | Q1 2025vs Q1 2024 | $33.2MM$35.9MM |
| Deposits | Q1 2025vs Q1 2024 | $41.2MM$40.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.1MM$2.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $173K$249K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $666K$369K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |