Overview / Commentary
Voyage Federal Credit Union is headquartered in Sioux Falls and is the 5th largest credit union in the state of South Dakota. It is also the 1,208th largest credit union in the nation. It was established in 1939 and as of June of 2023, it had grown to 41 employees and 19,383 members at 5 locations. Voyage Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Voyage Federal Credit Union is open to those who live, work, worship, or attend school, or businesses and other legal entities located in the South Dakota counties of Lincoln or Minnehaha. Immediate family members of existing members are also eligible for membership.
See current membership details
Health
A
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3458 |
| Year Chartered | 1939 |
| Employees | 41 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 5.68% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $215.7MM$175.0MM |
| Loans | Q2 2023vs Q2 2022 | $163.7MM$126.4MM |
| Deposits | Q2 2023vs Q2 2022 | $186.8MM$156.7MM |
| Equity Capital | Q2 2023vs Q2 2022 | $21.5MM$17.5MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$995.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $760.00K$741.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |