Veritas Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.56%	5-year CD	60 Month Certificate 2.35% - Synchrony Bank 60 Month CD
0.70%	1-year CD	12 Month Certificate 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Share Savings Account 1.20% - Goldman Sachs Bank USA Online Savings

View all Veritas Federal Credit Union rates »

Overview / Commentary

www.veritasfcu.org

615-786-0452

1 Nissan Way
Franklin, TN 37067

Veritas Federal Credit Union is headquartered in Franklin and is the 60^th largest credit union in the state of Tennessee. It is also the 2,489^th largest credit union in the nation. It was established in 1973 and as of March of 2017, it had grown to 17 employees and 6,492 members at 5 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

Posted by: Anonymous | Apr 30, 2011

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!

Comment

2

HORRIBLE CUSTOMER SERVICE

Posted by: susanklineman | Mar 10, 2011

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.

Comment

4

Health

B

Data as of Q1 2017

Learn why bank health matters

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. Veritas Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	21354
Year Chartered	1973
Employees	17
Primary Regulator

Profit Margin
Return on Assets - YTD	0.45%
Return on Equity - YTD	5.2%
Annual Interest Income	$524.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$43.9MM$43.0MM
Loans	Q1 2017vs Q1 2016	$31.2MM$28.6MM
Deposits	Q1 2017vs Q1 2016	$39.8MM$38.5MM
Equity Capital	Q1 2017vs Q1 2016	$3.8MM$3.8MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$316.00K$283.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$177.00K$242.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

Skip to rates for:

Savings
Checking
CD
IRA

Report an Issue

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

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.