Vital Federal Credit Union

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A short history of Vital FCU

Since its inception in 1964 the Vital Federal Credit Union has been serving its members in the SPARTANBURG, South Carolina 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 Omero DeLorenzo, the Vital FCU has grown its membership to over 7,244 with assets of more than $50,804,994. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (864) 948-8200 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SPARTANBURG, SC.

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

Charter Number 24536
Address 1000 ASHEVILLE HWY 
State South Carolina 
Zip-Code 29303
Phone Number (864) 948-8200
Fax Number (864) 948-8216
Email Address: none
CEO/President Omero DeLorenzo
Members 7,244 
Full-Time Employees 19 
Part-Time Employees
Number of Branch Offices
Total Assets 50,804,994 

Compare Vital Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Spartan CU main office 930 Charisma Dr 29304 (864) 503-9998 No 0.93
Carolina Foothills CU John B White 1540 John B White Sr Blvd 29301 (864) 327-1667 No 3.42
Spartanburg City Employees CU City of Spartanburg City Hall 145 W Broad St 29304 (864) 596-3732 No 4.27
Turbine CU TurbineFederal Credit Union 300 Garlington Rd 29615 (864) 254-2883 No 20.64
G.h.s. CU Patewood 211 Patewood Dr 29615 (864) 288-8046 No 21.82

Vital Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Vital 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 10.90 5.50 6.00 5.00 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 449 443 268 74
Rank Among All South Carolina Credit Unions 18 38 33 21 3

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.25 0.25 N/A 1.25 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 95 95 N/A 126 266
Rank Among All South Carolina Credit Unions 1 4 N/A 5 20
Vital Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9001,9164,579,587
All Other Unsecured Loans/Lines of Credit 10.9001,0011,873,457
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.5002164,409,656
Used Vehicle Loans 6.0001,50217,547,972
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.00062,869,003
Total Other Real Estate Loans/Lines of Credit 3.7501213,743,091
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.5001501,937,010
TOTAL LOANS & LEASES 4,91236,959,776

Vital 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 0000
    b. 15 Years or less 62,869,00300
    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 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1213,743,0915242,000
Open-End Fixed Rate 0000
TOTALS 1276,612,0945242,000


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

Vital Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
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 No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes