Roanoke Valley Community CU Salem VA | Affordable Vehicle Loans & Low Mortgage Rates

Introduction

Welcome to Roanoke Valley Community at our Salem Branch, located at 1340 Roanoke Blvd, Salem, VA 24153. Since our establishment in 1947, we have proudly served our community with a commitment to fostering financial well-being for our members. With a total membership of 9,429 and assets exceeding $108 million, we are dedicated to providing personalized banking solutions tailored to meet your needs. At Roanoke Valley Community, trust and reliability are at the heart of everything we do. Our experienced team, led by CEO Pam Duke and Board President Dorothy Dixon, is here to ensure that you receive the support you need on your financial journey. We understand that each member has unique circumstances, which is why we offer a range of services from checking and savings accounts to auto loans and mortgages. While you can visit us at our Salem branch for all your banking needs, please note that any official correspondence should be directed to our mailing address: PO Box 13045, Roanoke, VA 24030-3045. Our friendly staff is available during lobby hours from 8:30 AM to 5:30 PM, Monday through Friday. Whether you're looking to open a new account or need assistance with loans totaling over $53 million, we're here for you every step of the way. With total deposits amounting to $1,924,648 and a net worth of $14,784,011, we strive not only for financial growth but also for enriching the lives of our members and the broader community. Our commitment extends beyond transactions; it includes making a positive impact right here in Salem. We invite you to explore the many ways we can assist you in achieving your financial goals. Visit us online at www.rvccu.org or give us a call at 540-982-3931 today! Join us as we continue to build a brighter financial future together.

Branch History & Mission

Commitment to Community

At Roanoke Valley Community, we understand that being a credit union means more than just providing financial services. It means giving back to the community that supports us. We actively engage in outreach programs and partnerships that uplift those around us. From sponsoring local events to supporting educational initiatives, we strive to make a positive difference in the lives of our members and neighbors. We also prioritize accessibility with features such as drive-thru banking for convenient transactions. Although we currently do not offer ATM services, we are dedicated to ensuring that every member can easily access their funds through other means.

Looking Ahead

As we look towards the future, Roanoke Valley Community continues to embrace digital advancements. With online banking and mobile applications available, managing your finances has never been easier or more secure. We are committed to making sure everyone can take advantage of these tools while maintaining high standards of service. While you can visit us at 1340 Roanoke Blvd, official correspondence should be sent to PO Box 13045, Roanoke, VA 24030-3045 if you need assistance via mail. Join us at Roanoke Valley Community where you'll find not just a credit union but a family ready to support your financial journey. Whether you're looking for your first account or expanding your business needs, we're here for you every step of the way. Reach out today at 540-982-3931 or explore more about us on our website. Your future starts with us!

Our Journey

From our humble beginnings, Roanoke Valley Community has grown into a trusted financial partner for nearly 9,429 members. Over the years, we have expanded our services and embraced innovation while staying true to our roots. Our total assets now exceed $108 million, reflecting our strong financial health and dedication to serving our members effectively. Our mission is simple yet impactful: to provide accessible financial services that empower individuals and families in Salem and beyond. We believe in creating opportunities for all, whether through personal banking options like checking accounts and auto loans or business financing solutions tailored to entrepreneurs.

Branch Location & Accessibility

Accessibility Features

We pride ourselves on being accessible to everyone. Our location features ADA-compliant facilities, including ramps and designated parking spaces to ensure everyone can access our services comfortably.

Contact Us

If you have any questions or need assistance, don't hesitate to reach out! You can call us at 540-982-3931. While members can visit us at our Salem location, please note that official correspondence should be sent to our mailing address at PO Box 13045, Roanoke, VA 24030-3045. We look forward to welcoming you at the Roanoke Valley Community Salem Branch! Visit us today and discover how we can help you achieve your financial goals.

Nearby Landmarks

Our branch is situated near several local landmarks that make it easy for you to find us. If you're coming from downtown Salem or passing through on your way to the scenic Roanoke River, stop by and see us. We're committed to being accessible to all members of our community.

Operating Hours and Services

We are open Monday through Friday from 8:30 AM to 5:30 PM, making it convenient for you to visit during the week. Our friendly staff is here to assist you with a wide range of services from checking and savings accounts to auto loans, mortgages, and credit cards with rewards. Plus, we offer basic drive-thru banking for quick transactions like deposits and withdrawals without leaving your vehicle.

Member Eligibility

At Roanoke Valley Community, we believe that everyone deserves a chance to be part of a community that cares about your financial well-being. Becoming a member is straightforward and welcoming! If you live, work, worship, or attend school in the area, you're likely eligible to join us. We embrace individuals from all walks of life, and our membership is open to anyone who has a genuine desire to improve their financial future. For a detailed look at eligibility criteria, feel free to check out this page. Once you decide to become a member of Roanoke Valley Community, opening an account is simple and can be done online or by visiting us at our branch located at 1340 Roanoke Blvd Salem Va 24153. Our friendly team is here to guide you every step of the way. Plus, as a member, you'll gain access to a variety of services tailored just for you whether it's auto loans, personal loans, or online banking options. If you have any questions or need assistance, don't hesitate to give us a call at (540) 982-3931. We're excited to welcome you into our community!

Business Banking & Commercial Services

Commercial Loans Tailored for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Transactions Easy

Imagine a busy Saturday morning at your café customers lined up, eager to enjoy their favorite brews. Our merchant services simplify payment processing, allowing you to focus on what matters most: serving your customers. Whether it's mobile payments or point-of-sale systems, we offer practical solutions that streamline operations and enhance customer experience. Located at 1340 Roanoke Blvd Salem Va 24153 in Salem, VA, we're here to help your business reach its full potential. Let's grow together! For more information, call us at (540) 982-3931 or visit our website at https://www.rvccu.org/ .

Comprehensive List Of Services

Business Banking

If you're a business owner, we have you covered too! Our Business Banking services include Merchant Services and Business Loans that can help your business thrive. We understand the unique challenges businesses face and are here to support your growth.

Credit Cards

Our Credit Cards with Rewards program allows you to earn points on everyday purchases, making it easier for you to enjoy rewards while spending wisely.

Digital Convenience

In today's fast-paced world, convenience is key. That's why our Online & Mobile Banking services allow you to manage your accounts anytime, anywhere. You can check balances, transfer funds, and even deposit checks from the comfort of your home or on the go. We also provide ATM & Cash Withdrawal Services for easy access to your cash when you need it.

Drive-Thru Banking

For those who prefer face-to-face interactions but want quick service, our basic Drive-Thru Banking offers an efficient way to handle deposits, withdrawals, and simple transactions without leaving your vehicle. At Roanoke Valley Community, we pride ourselves on being more than just a financial institution; we're a partner in your financial well-being. If you're ready to take advantage of these services or have any questions about how we can assist you further, please don't hesitate to reach out. Call us at 540-982-3931, visit us at our branch in Salem, or explore more about what we offer on our website at rvccu.org. Join us today and experience the difference!

Loans and Financing

For those looking to make significant purchases or consolidate debt, our Auto Loans & Vehicle Financing provide competitive rates and flexible terms to help you get behind the wheel of your dream car. If homeownership is on your mind, our Mortgage Loans & Refinancing services can guide you through every step of buying or refinancing your home. Additionally, we offer Personal Loans & Debt Consolidation options tailored to help you manage expenses effectively.

Personal Banking

We understand that managing your finances is a personal endeavor. That's why we offer Personal Banking options like Checking & Savings Accounts, allowing you to choose accounts that fit your lifestyle and savings goals. Whether you're saving for a special event or just want easy access to your funds, we have solutions designed for you.

Digital & Online Banking

Convenient Services at Your Fingertips

Our online banking is complemented by features like person-to-person transfers, making it simple to send money to friends or family without the hassle of cash. Want to keep track of your statements? With e-statements available, you can view your account activity anytime without waiting for mail delivery. If you're always on the go, our mobile application puts all these services right in your pocket. You can manage your account, pay bills, and even set up alerts for transactions directly from your smartphone. While we currently don't support mobile payments, rest assured that our app is user-friendly and focused on helping you stay organized.

Security You Can Trust

We prioritize your security with every transaction. Even though we don't offer electronic signature authorization at this time, our robust online banking system uses advanced security measures to protect your information. You can feel confident that your financial data is safe as you navigate through our services. At Roanoke Valley Community, we strive to make banking accessible and straightforward for everyone. Whether you're checking balances or transferring funds, we're here to help you every step of the way. Experience the convenience of digital banking today!

Financial Strength

Focused on Our Members

Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Reinvesting in Your Future

With $12,037,013 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment to continuous improvement helps us meet your evolving financial needs.

Secure Savings Options

Members' savings are secured through $567,550 in share certificates and $4,693,919 in money market shares, which offer stable and rewarding financial growth opportunities. This means your hard-earned money is not only safe but also working for you.

Strong Financial Health

With a net worth of $14,784,011, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,367 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

We're here to support your financial goals with $881 in used auto loans and $69,438,497 in total loans and leases. Whether you're looking to finance a vehicle or invest in other personal projects, our lending capacity is designed to help you succeed. Our $1,178,218 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. With 20 full-time employees and 5 part-time employees ready to assist you, we ensure that our branches are always prepared to provide knowledgeable service.

Trustworthy Partnership

Net Shares (Funds available for lending and investments): $0 show our dedication to growing alongside you. We proudly serve 18,268, illustrating a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Roanoke Valley Community is your trusted partner. Visit us at 1340 Roanoke Blvd Salem Va 24153 or call (540) 982-3931 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $15,569,725 in used vehicle loans and $10,672,339 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new vehicle or a reliable used one, our competitive rates and flexible terms can make it easier than ever to drive away in the car you want.

Credit Lines

In addition to our loan offerings, we provide access to credit lines totaling $15,000,000. This flexibility allows you to borrow as needed while only paying interest on what you use, making it an excellent option for managing cash flow or funding projects. If you're considering refinancing any existing loans or would like to learn more about eligibility options, our team is here to assist you every step of the way. For more information about our loan products or to discuss your options directly, feel free to reach out at (540) 982-3931. You can also visit us at our branch located at 1340 Roanoke Blvd Salem Va 24153, Salem, VA. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We look forward to helping you navigate your financial future!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $26,068,044, make buying or refinancing simple. We provide personalized service to guide you through the mortgage process, ensuring that you find an option that fits your budget and lifestyle.

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. We also offer flexible terms on unsecured credit card loans, with a total of $2,612,687 in loans helping members manage their finances effectively. With no collateral required, our credit card options give you the freedom to handle emergencies or unexpected costs without stress.

Loan Aggregator

Benefits of Using LendMesh

LendMesh stands out for its commitment to providing verified data. All loan offers are sourced from legitimate financial institutions, ensuring transparency in the rates presented. Additionally, there are no sponsored listings; LendMesh does not prioritize lenders based on paid promotions its goal is to provide unbiased results for all users. With real-time rate comparisons from multiple institutions, users can easily see how different offers stack up against one another. This feature allows individuals to assess their choices without having to navigate through an abundance of information or promotional material. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the platform's effectiveness in delivering valuable insights for financial decisions.

How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This ensures that users receive fair and transparent offers. Each loan comparison reflects current market conditions, enabling users to make well-informed decisions.

Take Action Today

Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

ROANOKE VALLEY COMMUNITY FEDERAL CREDIT UNION