Veritas Federal Credit Union is headquartered in Smyrna and is the 67th largest credit union in the state of Tennessee. It is also the 2,601st largest credit union in the nation. It was established in 1973 and as of June of 2021, it had grown to 19 employees and 5,506 members at 4 locations. Veritas Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Must be an employee of Nissan North America or any of its regional office in North America, Infiniti Regional Office, Parts Distribution Center (PDC), Distribution Auto Service (DAS) or any Tier 1 or Tier 2 Supplier in North America.
See current membership details
Unfortunately, One Star Is The Lowest I Rate Them
How is it possible for so many incompetent people to be working in such close proximity? Anyone with any value or sense of customer service seems to be either fired or they find a way to escape for better employment as soon as they figure it out. The turn over in that place is amazing. Obviously the CEO breeds this type of environment without any concern to the ramifications of it's members. Where is the oversight? With this lackadaisical attitude of "don't bother me...can't you see I'm on Facebook?" it's a wonder that the doors are still open. Anywhere else, these people would be in the unemployment line. My advise is to take your money and run!
HORRIBLE CUSTOMER SERVICE
This credit union formely known as Nissan FCU now Veritas is ran by a bunch of complete idiots and there customer service is the worst, I was a customer for 12 years until they changed to Veritas.
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 21354 |
| Year Chartered | 1973 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.25% |
| Return on Equity - YTD | -2.91% |
| Annual Interest Income | $850.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $45.7MM$44.3MM |
| Loans | Q2 2021vs Q2 2020 | $28.3MM$26.1MM |
| Deposits | Q2 2021vs Q2 2020 | $41.2MM$39.6MM |
| Equity Capital | Q2 2021vs Q2 2020 | $4.1MM$4.2MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $287.00K$329.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $130.00K$235.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |