VITAL Federal Credit Union

Overview / Commentary
1000 Asheville Hwy
Spartanburg, SC 29303

VITAL Federal Credit Union is headquartered in Spartanburg and is the 30th largest credit union in the state of South Carolina. It is also the 2,277th largest credit union in the nation. It was established in 1964 and as of December of 2020, it had grown to 19 employees and 7,244 members at 2 locations. VITAL Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in Spartanburg County, and to employees of select area businesses.
See current membership details


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

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. VITAL Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #24536
Year Chartered1964
Primary Regulator
Profit Margin
Return on Assets - YTD0.09%
Return on Equity - YTD0.9%
Annual Interest Income$1.8MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$59.9MM$52.5MM
LoansQ4 2020vs Q4 2019$40.0MM$41.0MM
DepositsQ4 2020vs Q4 2019$53.9MM$46.5MM
Equity CapitalQ4 2020vs Q4 2019$5.8MM$5.7MM
Loan Loss AllowanceQ4 2020vs Q4 2019$122.00K$138.00K
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$30.00K$147.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not VITAL 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.

VITAL Federal Credit Union Savings Account Rates

0.25%-$10mIRA Share
0.05%$500-Regular Shares
0.05%-$10mChristmas Club

VITAL Federal Credit Union Checking Account Rates

0.15%*$25k*-Elite Checking
OTHER TIERS: 0.05% $150 - $2.5k | 0.10% $2.5k - $25k

VITAL Federal Credit Union CD Rates

0.75%$500-36 Month CD
0.50%$500-24 Month CD
0.25%$500-12 Month CD

VITAL Federal Credit Union IRA Rates

0.75%$500-36 Month IRA
0.50%$500-24 Month IRA
0.25%$500-12 Month IRA

VITAL Federal Credit Union Locations
Branch Office1000 Asheville HwySpartanburg, SC 29303
Branch Office1595 E Main StDuncan, SC 29334

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 [email protected] 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.