Salem Va Medical Center Federal Credit Union

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A short history of Salem Va Medical Center FCU

Since its inception in 1936 the Salem Va Medical Center Federal Credit Union has been serving its members in the SALEM, Virginia area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Steven Anderson, the Salem Va Medical Center FCU has grown its membership to over 10,796 with assets of more than $85,878,064. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (540) 344-4419 or email them at info@salemvafcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SALEM, VA.

General Information For Salem Va Medical Center FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 1127
Address 1970 ROANOKE BLVD, BLDG 77, RM 12 
City SALEM 
State Virginia 
Zip-Code 24153
Phone Number (540) 344-4419
Fax Number (540) 342-5848
Email Address: info@salemvafcu.org
CEO/President Steven Anderson
Members 10,796 
Full-Time Employees 28 
Part-Time Employees 0 
Number of Branch Offices 3 
Total Assets 85,878,064 
Website http://salemvafcu.org 

Compare Salem Va Medical Center Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Kemba Roanoke CU KEMBA ROANOKE LYNCHBURG 3403 CANDLERS MOUNTAIN RD 24502 (434) 846-3393 No 0.58
Fedstar CU Poff Branch Poff Federal Building 24011 (540) 344-3900 No 5.69
Freedom First CU South Main 1204 S Main St 24060 (540) 389-0244 No 7.90
High Street Baptist Church CU High Street Baptist Church 2302 Florida Ave NW 24017 (540) 362-9298 No 8.15
Crch Employees CU 109 Highland Ave SW 109 Highland Ave SW 24016 (540) 985-8535 No 9.78

Salem Va Medical Center Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Salem Va Medical Center Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 13.50 4.25 4.25 4.75 5.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 477 311 231 238 260
Rank Among All Virginia Credit Unions 55 47 32 38 32

Salem Va Medical Center Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.25 0.25 0.50 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 95 105 263 259
Rank Among All Virginia Credit Unions N/A 17 17 48 40
Salem Va Medical Center Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.5002,1703,638,739
All Other Unsecured Loans/Lines of Credit 9.2501,2583,667,010
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.25086519,315,455
Used Vehicle Loans 4.2501,10114,740,233
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.750643,584,489
Total Other Real Estate Loans/Lines of Credit 5.2502547,831,188
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.25099784,726
TOTAL LOANS & LEASES 5,81153,561,840

Salem Va Medical Center Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 521,927,513120,062
Balloon/Hybrid
    a. > 15 years 121,656,97600
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 7198,39100
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2477,632,79711109,400
Open-End Fixed Rate 0000
TOTALS 31811,415,67712129,462

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Salem Va Medical Center Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes