Featured Savings Rates
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Valley First Credit Union

Popular Accounts at this Credit Union

1.50%Reward CheckingKasasa Cash
0.75%Reward SavingsKasasa Saver
1.09%5-year CD60 Month Premium CD

Overview / Commentary
1005 W Orangeburg Ave
Modesto, CA 95350

Valley First Credit Union is headquartered in Modesto and is the 73rd largest credit union in the state of California. It is also the 452nd largest credit union in the nation. It was established in 1956 and as of September of 2016, it had grown to 157 employees and 70,041 members at 14 locations. Valley First Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Calaveras, Kings, Fresno, Madera, Mariposa, San Joaquin, Merced, Stanislaus, Tuolumne, or Tulare Counties. Membership is also open to over 60 Select Employer Groups.
See current membership details

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Reviews (5)

Great Credit Union

Posted by: Anonymous | Mar 22, 2012

Moved all my accounts from BofA to Valley First, BofA wasn't happy, but hey...I am very happy with this credit union. Fast service, decent CD rates and local.

Love The Service!

Posted by: Anonymous | Oct 21, 2010

The people at Valley First CU make this a great place to bank. The rates on their products are lower than most others in my area. I do most of my banking online, and I like that there isn't a lot of advertising cluttering it up. I can get in and get my business done without navigating around ads.

Worst Customer Relations Ever!

Posted by: Fortun | Jun 9, 2016

Recently placed a large deposit in the Stockton branch in hopes of starting a new banking relationship with a smaller more people oriented bank. Big mistake. I applied for a Home a Equity Line of Credit using a clear title worth 130% of the requested line. Apparently an excellent credit rating and a respectable income mean nothing in the process and I was rejected for the line ( certainly their right). The really frustrating part is the banks refusal to explain or put anything in writing as to how they came to their conclusion. You're left without any recourse or remedy to make things work. After multiple requests for details in writing, including a letter to their President which went unanswered , (sent registered and it took them a week to pick up and sign for the letter!) I finally wrote them off, closed my account and moved on.
They might be ok if you're happy with a .0005 return on your money (example: $10,000 = $5.00 annual return paid in monthly installments of 42 cents! ).
In 40 years of working with banks, they were the worst!
My advice is to keep looking, you can do better!

Bad Service

Valley First has a terrible record of keeping their ATM operating in good service. Their ATM is breaking down at least once a week where the machine malfunctions as to not allow deposits, withdraws, or even inquiries. Sometimes the ATM is down for a whole week.

To make things even more difficult and matters worse the tellers at the branch DO NOT take cash deposits. Yes, you read that right. The tellers inside the credit union branch DO NOT take cash or coins even if or when the ATM is down for a week. It is against policy for the tellers to take cash.

Has anyone ever heard of a credit union refusing to take cash or coins inside the branch? What on Earth are the tellers there for if they do not take cash?

Auto Loan From Valley First Credit Union

Posted by: pjt5959 | May 7, 2012

Valley First has not released our bank records in relation to our auto loan. They have referred us to the lawyer to get these records as well a copy of the contract but have not received either after several requests. During the length of the loan we had some lapses in insurance, for which VFCU charged us an additional charge. They still charged us that same additional charge even on the months when we did show them proof of insurance. Several VFCU employees at those time assured that all those additional charges would come off the back end of the loan. After 7 years on a 5-year loan they said that we still owed them over $4000. We pulled whatever money we had left in our account and they charged us again for money they said we still owed them, our account became overdrawn and we were reported to chexsystems and cannot open any accounts anywhere at this time (even at our current bank).

No matter who we have spoken to we cannot get anyone to give us copies of our account information or the contract. If there was a way to rate them zero stars we would.


Health Grade Components

NCUA #68402
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD0.19%
Return on Equity - YTD1.92%
Annual Interest Income$11.9MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$579.3MM$547.9MM
LoansQ3 2016vs Q3 2015$311.7MM$284.5MM
DepositsQ3 2016vs Q3 2015$514.0MM$484.5MM
Equity CapitalQ3 2016vs Q3 2015$58.6MM$56.9MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.6MM$2.0MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$777.00K$633.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Valley First Credit Union Savings Account Rates

0.75%*-$20kKasasa Saver
OTHER TIERS: 0.25% $20k+
0.15%--Regular IRA Account
0.14%*$75k*-Regular Shares
OTHER TIERS: 0.04% $1k - $80k
0.05%-$24Starter Savings Shares
0.05%-$24Adventure Savers Shares
0.05%-$24Frequency Shares
0.05%$25-Starter Savings
0.05%$25-Adventure Savers
0.05%--Club Account

Valley First Credit Union Money Market Rates

0.20%*$125k*-Money Market Account
OTHER TIERS: 0.08% $2,500 - $75k | 0.13% $75k - $125k

Valley First Credit Union Checking Account Rates

1.50%*-$10kKasasa Cash
OTHER TIERS: 0.25% $10k+
0.05%$1k-Premium Business Checking

Valley First Credit Union CD Rates

1.09%$10k-60 Month Premium CD
0.93%$10k-48 Month Premium CD
0.75%$10k-36 Month Premium CD
0.68%$1k-36 Month CD
0.60%$10k-24 Month Premium CD
0.53%$1k-24 Month CD
0.45%$10k-18 Month Premium CD
0.38%$1k-18 Month CD
0.30%$10k-12 Month Premium CD
0.23%$1k-12 Month CD
0.10%$10k-9 Month Premium CD
0.09%$1k-9 Month CD
0.09%$500-3 Month Frequency Ceertificate
0.05%$10k-6 Month Premium CD
0.04%$1k-6 Month CD
0.04%$250-3 Month Starter Certificate
0.04%$250-3 Month Adventure Savers Certificate

Valley First Credit Union IRA Rates

1.19%$10k-60 Month Premium IRA
1.03%$10k-48 Month Premium IRA
0.88%$1k-36 Month IRA
0.85%$10k-36 Month Premium IRA
0.65%$10k-24 Month Premium IRA
0.63%$1k-24 Month IRA
0.50%$10k-18 Month Premium IRA
0.48%$1k-18 Month IRA
0.35%$10k-12 Month Premium IRA
0.33%$1k-12 Month IRA
0.20%$10k-9 Month Premium IRA
0.19%$1k-9 Month IRA
0.15%$10k-6 Month Premium IRA
0.14%$1k-6 Month IRA

Valley First Credit Union has 14 locations. Click to view all Valley First Credit Union locations.