Valex Federal Credit Union

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A short history of Valex FCU

Since its inception in 1949 the Valex Federal Credit Union has been serving its members in the TIOGA, Louisiana 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 Chris Chelette, the Valex FCU has grown its membership to over 2,078 with assets of more than $19,964,290. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (318) 443-1200 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TIOGA, LA.

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

Charter Number 6116
Address PO BOX 1375 
State Louisiana 
Zip-Code 71477
Phone Number (318) 443-1200
Fax Number (318) 449-4779
Email Address:
CEO/President Chris Chelette
Members 2,078 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 19,964,290 

Compare Valex Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Heart Of Louisiana CU Corporate Office 303 Edgewood Dr 71360 (318) 619-1900 No 3.66
Dresser Alexandria CU Dresser Alexandria FCU Main Office 8034 Shreveport Hwy 71477 (318) 704-6546 No 3.79
Rapides General Hospital Empl CU MAIN OFFICE 211 4TH ST 71301 (318) 769-3330 No 5.03
Cenla CU Main Office 708 Jackson St 71309 (318) 445-7388 No 5.34
Alexandria Municipal Employees CU AMECU 1032 Wisteria St 71301 (318) 445-5696 No 5.75

Valex Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Valex 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 9.90 4.18 4.80 4.26 5.90
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 303 301 175 330
Rank Among All Louisiana Credit Unions 27 57 39 22 33

Valex Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.20 N/A 0.40 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 108 N/A 284 227
Rank Among All Louisiana Credit Unions 13 32 N/A 52 31
Valex Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900238643,729
All Other Unsecured Loans/Lines of Credit 12.4502941,356,749
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.1801062,111,273
Used Vehicle Loans 4.8002633,900,761
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.260312,474,711
Total Other Real Estate Loans/Lines of Credit 5.900332,556
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.38069459,668
TOTAL LOANS & LEASES 1,00410,979,447

Valex Federal Credit Union Real Estate Loans and Lines of Credit


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 151,736,8715753,766
    b. 15 Years or less 16737,84000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 332,556120,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 342,507,2676773,766


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

Valex 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 No
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