VITAL Federal Credit Union is headquartered in Spartanburg and is the 29th largest credit union in the state of South Carolina. It is also the 2,252nd largest credit union in the nation. It was established in 1964 and as of September of 2022, it had grown to 16 employees and 6,704 members at 2 locations. VITAL Federal Credit Union has a B+ health rating.
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
|Return on Assets - YTD||0.76%|
|Return on Equity - YTD||7.72%|
|Annual Interest Income||$1.5MM|
|Assets and Liabilities|
|Assets||Q3 2022vs Q3 2021||$65.4MM$66.7MM|
|Loans||Q3 2022vs Q3 2021||$42.8MM$41.4MM|
|Deposits||Q3 2022vs Q3 2021||$58.5MM$60.4MM|
|Equity Capital||Q3 2022vs Q3 2021||$6.5MM$6.0MM|
|Loan Loss Allowance||Q3 2022vs Q3 2021||$124.00K$160.00K|
|Unbacked Noncurrent Loans||Q3 2022vs Q3 2021||$24.00K$17.00K|
|Real Estate Owned||Q3 2022vs Q3 2021||$0$0|
Rates for VITAL Federal Credit Union are currently being reviewed.
|VITAL Federal Credit Union Locations|
|Branch Office||1000 Asheville Hwy||Spartanburg, SC 29303|
|Branch Office||1595 E Main St||Duncan, SC 29334|