SALEM VA MEDICAL CENTER FEDERAL CREDIT UNION

Welcome to Salem Va Medical Center, a trusted financial partner serving the Salem community since 1936. Located at 112 W Main St, Salem, VA 24153, our branch is dedicated to providing personalized banking solutions that meet the needs of our 8,230 members. With total assets of $91,059,451 and total deposits reaching $2,511,369, we pride ourselves on fostering financial stability and growth for our members. At Salem Va Medical Center, we understand that every member's financial journey is unique. That's why we offer a wide range of services tailored to support you through every stage of life from checking and savings accounts to auto loans and credit cards with rewards. Under the leadership of our CEO, Steven Anderson, and Board President, Robert Brooks, our dedicated team of 24 employees is here to help you navigate your financial goals. While members can visit us at our branch location, official correspondence should be sent to the same address: 112 W Main St, Salem, VA 24153. For any inquiries or assistance, feel free to reach out to us at 540-389-8571 or send a fax to 540-389-8578. With a commitment to community impact and exceptional member service, we're proud of what we've built together. Whether you're looking for personal banking options or business services, we're here for you every step of the way. Explore our offerings today by visiting our website at salemvafcu.org. Join us in making your financial dreams a reality!

Becoming a member of Salem Va Medical Center is like joining a family that truly cares about your financial well-being. If you're looking to become part of this supportive community, you'll be pleased to know that eligibility is straightforward and welcoming. Generally, individuals who live, work, worship, or attend school in the area are invited to join us. It's all about building connections and supporting one another! For those interested in the specifics of eligibility, you can find detailed information at . Opening an account is just as easy as becoming a member. Our team at Salem Va Medical Center, located at 112 W Main St Salem Va 24153, is ready to assist you through the process. Whether you prefer a friendly chat over the phone at (540) 389-8571 or visiting us during our convenient hours, we're here for you. Don't miss out on the benefits that come with being part of our credit union family! To get started on opening your account, check out this link: https://www.loanliner.com/loanrequest/presenter/loanlist/04503406/841?isframed=f&cuid=04503406&loanlistid=841&channelid=5213819804111200556&locationid=2819145001085012705 . We can't wait to welcome you!

At Salem Va Medical Center, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share the strong financial position we maintain, which underscores our commitment to providing you with the best possible services. With a net worth of $10,665,337, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,171 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $6,546,690 in share certificates and $3,389,524 in money market shares, offering stable and rewarding financial growth opportunities. 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. With $9,615,650 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust, with $942 in used auto loans and $61,641,102 in total loans and leases available to support your financial goals across various sectors. Our operational efficiency shines through with a net income of $1,049,687, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 21 full-time employees and 3 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments) stand at $761,580, while the Total Share Accounts number reaches 13,849, showing 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, Salem Va Medical Center is your trusted partner. Visit us at 112 W Main St Salem Va 24153 or call (540) 389-8571 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.